Ceragon Networks (Ceragon Networks) Cash-to-Debt : 0.56 (As of Dec. 2023)

View and export this data going back to 2000. Start your Free Trial

What is Ceragon Networks Cash-to-Debt?

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. Ceragon Networks's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.56.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Ceragon Networks couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

The historical rank and industry rank for Ceragon Networks's Cash-to-Debt or its related term are showing as below:

CRNT' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.42 Med: 1.05 Max: No Debt
Current: 0.56

During the past 13 years, Ceragon Networks's highest Cash to Debt Ratio was No Debt. The lowest was 0.42. And the median was 1.05.

CRNT's Cash-to-Debt is ranked worse than
71.13% of 2470 companies
in the Hardware industry
Industry Median: 1.38 vs CRNT: 0.56

Ceragon Networks Cash-to-Debt Historical Data

The historical data trend for Ceragon Networks's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

* Premium members only.

Ceragon Networks Cash-to-Debt Chart

Ceragon Networks Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.96

2.08

0.47

0.42

0.56

Ceragon Networks Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.42	0.46	0.45	0.65	0.56

Competitive Comparison of Ceragon Networks's Cash-to-Debt

For the Communication Equipment subindustry, Ceragon Networks's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Ceragon Networks's Cash-to-Debt Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Ceragon Networks's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Ceragon Networks's Cash-to-Debt falls into.

Ceragon Networks Cash-to-Debt Calculation

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

Ceragon Networks's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	28.237	/	(36.489	+	13.716)
	=	0.56

Ceragon Networks's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	28.237	/	(36.489	+	13.716)
	=	0.56

Ceragon Networks (NAS:CRNT) Cash-to-Debt 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.

Ceragon Networks Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Ceragon Networks's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Ceragon Networks (Ceragon Networks) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Ceragon Networks Ltd (NAS:CRNT) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

GGN:Germany

Address

Building. A, 7th floor, Nitzba City, Plot 300, PO Box 112, Rosh Ha’Ayin, ISR, 4810002

Website

https://www.ceragon.com

Ceragon Networks Ltd offers wireless backhaul solutions. Its products comprise of FibeAir IP-20 Platform, FibeAir IP-20 Assured Platform, and Network Management. The company provides its services to wireless service providers, public safety organizations, government agencies and utility companies. The company's FibeAir IP-20 platform offers flexibility in choosing all-outdoor, split-mount and all-indoor configurations to suit any deployment scenario. Its products include short haul-access, short haul-aggregation, small cells, long haul, and enterprise access. Geographically, it derives majority revenue from India and also has a presence in North America, Europe, Africa, Asia-Pacific, and the Middle East and Latin America.