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GuruFocus has detected 6 Warning Signs with Marvell Technology Group Ltd $MRVL.
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Marvell Technology Group Ltd (NAS:MRVL)
Cash-to-Debt
No Debt (As of Jan. 2017)

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. Marvell Technology Group Ltd's cash to debt ratio for the quarter that ended in Jan. 2017 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, Marvell Technology Group Ltd could pay off its debt using the cash in hand for the quarter that ended in Jan. 2017.

MRVL' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.39   Max: No Debt
Current: No Debt

During the past 13 years, Marvell Technology Group Ltd's highest Cash to Debt Ratio was No Debt. The lowest was 1.39. And the median was 475.94.

MRVL's Cash-to-Debt is ranked higher than
99% of the 847 Companies
in the Global Semiconductors industry.

( Industry Median: 1.77 vs. MRVL: 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.

Marvell Technology Group Ltd's Cash to Debt Ratio for the fiscal year that ended in Jan. 2017 is calculated as:

Marvell Technology Group Ltd had no debt.

Marvell Technology Group Ltd's Cash to Debt Ratio for the quarter that ended in Jan. 2017 is calculated as:

Marvell Technology Group Ltd had no debt.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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 local exchange's currency.

Marvell Technology Group Ltd Annual Data

Jan08Jan09Jan10Jan11Jan12Jan13Jan14Jan15Jan16Jan17
cash2debt 1.59218.83733.065,733.91No DebtNo Debt68.01No DebtNo DebtNo Debt

Marvell Technology Group Ltd Quarterly Data

Oct14Jan15Apr15Jul15Oct15Jan16Apr16Jul16Oct16Jan17
cash2debt No DebtNo DebtNo DebtNo DebtNo DebtNo DebtNo DebtNo DebtNo DebtNo Debt
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