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Cascade Microtech (Cascade Microtech) Cash Ratio : 2.06 (As of Mar. 2016)


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What is Cascade Microtech Cash Ratio?

The Cash Ratio measures a company’s ability to meet its short-term obligations with cash and near-cash resources. It is calculated as a company's Cash, Cash Equivalents, Marketable Securities divides by its Total Current Liabilities. Cascade Microtech's Cash Ratio for the quarter that ended in Mar. 2016 was 2.06.

Cascade Microtech has a Cash Ratio of 2.06. It generally indicates that the company is able to cover all short-term debt and still have cash remaining.

The historical rank and industry rank for Cascade Microtech's Cash Ratio or its related term are showing as below:

CSCD's Cash Ratio is not ranked *
in the Semiconductors industry.
Industry Median: 1.07
* Ranked among companies with meaningful Cash Ratio only.

Cascade Microtech Cash Ratio Historical Data

The historical data trend for Cascade Microtech's Cash Ratio 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.

* Premium members only.

Cascade Microtech Cash Ratio Chart

Cascade Microtech Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Cash Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.69 1.45 1.15 2.08 1.89

Cascade Microtech Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16
Cash Ratio 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 2.22 2.22 2.15 1.89 2.06

Competitive Comparison of Cascade Microtech's Cash Ratio

For the Semiconductor Equipment & Materials subindustry, Cascade Microtech's Cash Ratio, along with its competitors' market caps and Cash Ratio 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.


Cascade Microtech's Cash Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Cascade Microtech's Cash Ratio distribution charts can be found below:

* The bar in red indicates where Cascade Microtech's Cash Ratio falls into.



Cascade Microtech Cash Ratio Calculation

The Cash Ratio measures a company's ability to meet its short-term obligations with its cash and near-cash resources.

Cascade Microtech's Cash Ratio for the fiscal year that ended in Dec. 2015 is calculated as:

Cash Ratio (A: Dec. 2015 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=35.765/18.939
=1.89

Cascade Microtech's Cash Ratio for the quarter that ended in Mar. 2016 is calculated as:

Cash Ratio (Q: Mar. 2016 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=38.465/18.655
=2.06

* 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.


Cascade Microtech  (NAS:CSCD) Cash Ratio Explanation

The cash ratio is more conservative than other liquidity ratios, such as Quick Ratio and Current Ratio, because it only considers a company's most liquid resources. The numerator of cash ratio only considers Cash, Cash Equivalents and marketable securities. Other current assets, such as accounts receivable and inventories, are not included. The rationale is that these assets may require time to be transformed into cash, and the amount of money received is also uncertain.

The cash ratio shows a company’s ability to pay all current liabilities immediately without selling or liquidating other assets. Generally speaking, a higher cash ratio suggests the company has a stronger ability to cover its short-term debt. However, a high cash ratio could also indicate inefficient management: the company is inefficient in making full utilization of cash to invest protential profitable project. It may also suggest that the company is not confident about future profitability.

In general, the higher the cash ratio, the better the company's liquidity position.


Cascade Microtech Cash Ratio Related Terms

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Cascade Microtech (Cascade Microtech) Business Description

Traded in Other Exchanges
N/A
Address
Cascade Microtech Inc was incorporated in the state of Oregon in 1984. The Company designs, develops, manufactures and markets wafer probing solutions for the electrical measurement and testing of high performance semiconductor devices. Its product enables precision on-wafer measurement of integrated circuits. It is also used in production applications to test semiconductor devices prior to completion of the manufacturing process. It operates in two business segments: Systems and Probes. Sales of its probe stations are included in the Systems segment and sales of its analytical probes and production probe cards are included in the Probes segment. It operates in Oregon, Minnesota and Dresden, Germany, with sales, service and support centers in North America, Germany, Japan, Taiwan, China and Singapore. It designs, manufactures and sells multiple product lines, including probe stations, thermal subsystems, reliability test systems, analytical probes, production probe cards and various services and accessories. Its products are used by semiconductor manufacturers, test subcontractors, research organizations and designers. The Company sells its probe stations, thermal subsystems, reliability test systems, analytical probes, and production probe cards through a combination of manufacturers' representatives, distributors and direct sales people. The competitors of the company include Vector Semiconductor Co. Ltd., Signatone Corporation, MPI Corporation, Tokyo Seimitsu Co., LTD/Accretech, Tokyo Electron ("TEL"), The Micromanipulator Company Inc. and Wentworth Laboratories Inc., among others. In the market for thermal subsystems, it competes against ERS Electronic, GmbH, Temptronic Environmental Test Chambers and Espec Corp. Its reliability test products compete against a number of competitors including Qualitau, Inc., STAr Technologies, Inc., Reedholm Instruments Co. and Chiron technology Pte. Ltd. It is subject to federal, state and local laws and regulations.
Executives
William Spivey director
John D Delafield director, 10 percent owner 1301 SECOND AVENUE, SUITE 2850, SEATTLE WA 98101
Raymond A Link director C/O FORMFACTOR, INC., 7005 SOUTHFRONT ROAD, LIVERMORE CA 94551
Michael D Burger officer: President and CEO 250 TECHNOLOGY PARK, LAKE MARY FL 32746
Jeffrey A Killian officer: CFO, VP Finance C/O RESONANT INC. 175 CREMONA DRIVE, SUITE 200 GOLETA CA 93117
Keith Barnes director 10100 N TANTAU AVE, CUPERTINO CA 95014-2540
Rgm Capital, Llc other: Shareholder 9010 STRADA STELL COURT, SUITE 105, NAPLES FL 34109
Robert G Moses other: Shareholder RGM CAPITAL, LLC, 9010 STRADA STELL COURT, SUITE 105, NAPLES FL 34109
Laurence W Lytton 10 percent owner 467 CENTRAL PARK WEST, NY NY 10025
Geoffrey Wild director, officer: President and CEO 108 CHERRY HILL DRIVE, BEVERLY MA 01915

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