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Intermolecular Inc (NAS:IMI)
Cash to Debt Ratio
No Debt (As of Sep. 2015)

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Intermolecular Inc's cash to debt ratio for the quarter that ended in Sep. 2015 was No Debt.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Intermolecular Inc could pay off its debt using the cash in hand for the quarter that ended in Sep. 2015.

IMI' s Cash to Debt Range Over the Past 10 Years
Min: 2.67   Max: No Debt
Current: No Debt

During the past 6 years, Intermolecular Inc's highest Cash to Debt Ratio was No Debt. The lowest was 2.67. And the median was 3.03.

IMI's Cash to Debt is ranked higher than
82% of the 835 Companies
in the Global Semiconductor Equipment & Materials industry.

( Industry Median: 1.60 vs. IMI: No Debt )

Definition

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Current Portion of Long-Term Debt and Long-Term Debt. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Intermolecular Inc's Cash to Debt Ratio for the fiscal year that ended in Dec. 2014 is calculated as:

Intermolecular Inc's Cash to Debt Ratio for the quarter that ended in Sep. 2015 is calculated as:

Intermolecular Inc had no debt.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.


Related Terms

Current Portion of Long-Term Debt, Long-Term Debt, Cash and Cash Equivalents (For Banks and Insurance Companies), Cash, Cash Equivalents, Marketable Securities, Interest Coverage


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Intermolecular Inc Annual Data

Dec09Dec10Dec11Dec12Dec13Dec14
cash2debt 0.000.000.000.00No DebtNo Debt2.972.952.882.83

Intermolecular Inc Quarterly Data

Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15
cash2debt 3.232.982.882.952.922.812.832.772.67No Debt
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