Silicon Motion Technology (Silicon Motion Technology) Cash-to-Debt : No Debt ⁽¹⁾ (As of Dec. 2023)

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What is Silicon Motion Technology 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. Silicon Motion Technology's cash to debt ratio for the quarter that ended in Dec. 2023 was No Debt ⁽¹⁾.

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, Silicon Motion Technology could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

(1) 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.

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

SIMO' s Cash-to-Debt Range Over the Past 10 Years
Min: 11.11 Med: 118.18 Max: No Debt
Current: No Debt

During the past 13 years, Silicon Motion Technology's highest Cash to Debt Ratio was No Debt. The lowest was 11.11. And the median was 118.18.

SIMO's Cash-to-Debt is ranked better than
99.8% of 996 companies
in the Semiconductors industry
Industry Median: 1.81 vs SIMO: No Debt

Silicon Motion Technology Cash-to-Debt Historical Data

The historical data trend for Silicon Motion Technology'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.

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Silicon Motion Technology Cash-to-Debt Chart

Silicon Motion Technology Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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106.76

112.15

124.21

72.47

No Debt

Silicon Motion Technology 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															72.47	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Silicon Motion Technology's Cash-to-Debt

For the Semiconductors subindustry, Silicon Motion Technology'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.

Silicon Motion Technology's Cash-to-Debt Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Silicon Motion Technology's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Silicon Motion Technology's Cash-to-Debt falls into.

Silicon Motion Technology 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.

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

Silicon Motion Technology had no debt ⁽¹⁾.

Silicon Motion Technology's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Silicon Motion Technology had no debt ⁽¹⁾.

Silicon Motion Technology (NAS:SIMO) 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.

Silicon Motion Technology Cash-to-Debt Related Terms

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Silicon Motion Technology (Silicon Motion Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Silicon Motion Technology Corp (NAS:SIMO) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

S9M:Germany

Address

Nos 19-25 Jervois Street, Flat C, 19th Floor, Wing Cheong Commercial Building, Hong Kong Island, Hong Kong, HKG

Website

https://www.siliconmotion.com

Silicon Motion Technology Corp is active in the semiconductor industry and focuses on designing, developing, and marketing of controllers for managing NAND flash used in embedded storage applications, such as eMMC embedded memory. Its only operating segment is to develop NAND flash controllers and SSDs solutions. The company derives revenue from product categories such as Mobile Storage, Mobile Communications, and others. Silicon's geographical segments are Taiwan, the United States, Korea, China, Singapore, Malaysia, and others. The company products are used in Personal Computing, Smartphone/Tablet/CE, Flash Card/USB Flash Drive, Industrial and Embedded, Automotive, and Enterprise and Data centers.