What is Micropac Industries 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. Micropac Industries's cash to debt ratio for the quarter that ended in Feb. 2024 was 0.63.
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, Micropac Industries couldn't pay off its debt using the cash in hand for the quarter that ended in Feb. 2024.
The historical rank and industry rank for Micropac Industries's Cash-to-Debt or its related term are showing as below:
MPAD'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.63 Med: No Debt Max: No Debt
Current: 0.63
During the past 13 years, Micropac Industries's highest Cash to Debt Ratio was No Debt. The lowest was 0.63. And the median was No Debt.
Micropac Industries Cash-to-Debt Historical Data
The historical data trend for Micropac Industries'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.
Micropac Industries Cash-to-Debt Chart
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Micropac Industries Annual Data
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Trend |
Nov14 |
Nov15 |
Nov16 |
Nov17 |
Nov18 |
Nov19 |
Nov20 |
Nov21 |
Nov22 |
Nov23 |
| Cash-to-Debt |
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|
No Debt |
124.95 |
4.44 |
1.04 |
0.65 |
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Micropac Industries Quarterly Data
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May19 |
Aug19 |
Nov19 |
Feb20 |
May20 |
Aug20 |
Nov20 |
Feb21 |
May21 |
Aug21 |
Nov21 |
Feb22 |
May22 |
Aug22 |
Nov22 |
Feb23 |
May23 |
Aug23 |
Nov23 |
Feb24 |
| Cash-to-Debt |
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|
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0.89 |
0.73 |
0.72 |
0.65 |
0.63 |
Competitive Comparison of Micropac Industries's Cash-to-Debt
For the Electronic Components subindustry, Micropac Industries'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.
Micropac Industries's Cash-to-Debt Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Micropac Industries's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Micropac Industries's Cash-to-Debt falls into.
Micropac Industries 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.
Micropac Industries's Cash to Debt Ratio for the fiscal year that ended in Nov. 2023 is calculated as:
Micropac Industries's Cash to Debt Ratio for the quarter that ended in Feb. 2024 is calculated as:
* 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.
Micropac Industries (Micropac Industries) Business Description
Traded in Other Exchanges
N/A
Address
905 East Walnut Street, Garland, TX, USA, 75040
Micropac Industries Inc manufactures and distributes a range of hybrid microelectronic circuits, solid-state relays (SSRs), power controllers, and optoelectronic components and assemblies. Its products are used as components in a range of military, space, and industrial systems, including aircraft instrumentation and navigation systems, power supplies, electronic controls, computers, medical devices, and high-temperature products. The company's core technology is the packaging and interconnecting of multi-chip microelectronics modules. Other technologies include light-emitting, and light-sensitive materials and products, including light-emitting diodes (LEDs) and silicon phototransistors used in the company's optoelectronic components and assemblies.
Executives
| Mark W King |
director, officer: Chief Executive Officer |
2905 WYNDHAM LANE, RICHARDSON TX 75082 |
| Richard K Hoesterey |
director |
7852 LA COSA DRIVE, DALLAS TX 75248 |
| Eugene A. Robinson |
director |
1200 LAKE POINT CIRCLE, MCKINNEY TX 75070 |
| Heinz-werner Hempel |
director, 10 percent owner |
AM WALL 127 D-281951, BREMEN 2M 00000 |
| Micropac Industries, Inc. |
10 percent owner |
AM WALL 127 D-281951 1, BREMEN 2M 00000 |
| Patrick Cefalu |
officer: CFO |
8706 ARBORSIDE, ROWLETT TX 75089 |
| Wood Connie J. |
director |
877 FM 2948, COMO TX 75431 |
| H. Kent Hearn |
director |
1409 BRIAR HOLLOW, GARLAND TX 75043 |
Micropac Industries (Micropac Industries) Headlines
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