Creative Technology (Creative Technology) Cash-to-Debt : 19.42 (As of Dec. 2023)

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What is Creative 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. Creative Technology's cash to debt ratio for the quarter that ended in Dec. 2023 was 19.42.

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

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

CREAF' s Cash-to-Debt Range Over the Past 10 Years
Min: 13.28 Med: No Debt Max: No Debt
Current: 19.42

During the past 13 years, Creative Technology's highest Cash to Debt Ratio was No Debt. The lowest was 13.28. And the median was No Debt.

CREAF's Cash-to-Debt is ranked better than
83.36% of 2470 companies
in the Hardware industry
Industry Median: 1.38 vs CREAF: 19.42

Creative Technology Cash-to-Debt Historical Data

The historical data trend for Creative 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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Creative Technology Cash-to-Debt Chart

Creative Technology Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

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No Debt

17.47

23.19

29.91

17.62

Creative Technology Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															25.02	29.91	13.28	17.62	19.42

Competitive Comparison of Creative Technology's Cash-to-Debt

For the Computer Hardware subindustry, Creative 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.

Creative Technology's Cash-to-Debt Distribution in the Hardware Industry

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

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

Creative 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.

Creative Technology's Cash to Debt Ratio for the fiscal year that ended in Jun. 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)
	=	56.32	/	(1.255	+	1.941)
	=	17.62

Creative Technology'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)
	=	52.05	/	(1.439	+	1.241)
	=	19.42

Creative Technology (OTCPK:CREAF) 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.

Creative Technology Cash-to-Debt Related Terms

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

Creative Technology (Creative Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Creative Technology Ltd (OTCPK:CREAF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

C76:Singapore CTL:Germany

Address

31 International Business Park, No. 03-01 Creative Labs Pte Ltd, Singapore, SGP, 609921

Website

http://www.creative.com

Creative Technology Ltd operates as a digital entertainment company. The business activity of the company includes designing, manufacturing, and distribution of digitized sound and video boards, computers and related multimedia, and personal digital entertainment products. It offers products such as Amplifiers, sound cards, sound blasters, gaming headsets, speakers, peripherals and other accessories. Geographically, the firm has its business presence across the region of Singapore, United States of America, Asia Pacific, and Europe of which Asia Pacific region accounts for the majority of revenue.

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