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Orbit International (Orbit International) Cash-to-Debt : No Debt (1) (As of Jun. 2017)


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What is Orbit International 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. Orbit International's cash to debt ratio for the quarter that ended in Jun. 2017 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, Orbit International could pay off its debt using the cash in hand for the quarter that ended in Jun. 2017.

(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 Orbit International's Cash-to-Debt or its related term are showing as below:

ORBT's Cash-to-Debt is not ranked *
in the Industrial Products industry.
Industry Median: 1.22
* Ranked among companies with meaningful Cash-to-Debt only.

Orbit International Cash-to-Debt Historical Data

The historical data trend for Orbit International'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.

Orbit International Cash-to-Debt Chart

Orbit International Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.26 1.34 1.41 1.41 No Debt

Orbit International Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Jun17
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.83 1.49 2.57 No Debt No Debt

Competitive Comparison of Orbit International's Cash-to-Debt

For the Electrical Equipment & Parts subindustry, Orbit International'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.


Orbit International's Cash-to-Debt Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Orbit International's Cash-to-Debt distribution charts can be found below:

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



Orbit International 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.

Orbit International's Cash to Debt Ratio for the fiscal year that ended in Dec. 2016 is calculated as:

Orbit International had no debt (1).

Orbit International's Cash to Debt Ratio for the quarter that ended in Jun. 2017 is calculated as:

Orbit International had no debt (1).

* 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.


Orbit International  (OTCPK:ORBT) 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.


Orbit International Cash-to-Debt Related Terms

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Orbit International (Orbit International) Business Description

Traded in Other Exchanges
N/A
Address
80 Cabot Court, Hauppauge, NY, USA, 11788
Orbit International Corp is a U.S based company engaged in offering mission-critical hardware, software, and integrated systems. It operates through two segments: the Electronics Group and the Power Group. The company designs and manufactures subsystems and components for contractors, government procurement agencies (both foreign and domestic), and research and development laboratories across the world.
Executives
Robert Mitzman director 3725 SW 30TH AVENUE, FORT LAUDERDALE FL 33312
Arthur Rhein director