Virtuoso OptoElectronics (BOM:543597) Cash-to-Debt : 0.67 (As of Mar. 2024)

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What is Virtuoso OptoElectronics 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. Virtuoso OptoElectronics's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.67.

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, Virtuoso OptoElectronics couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

BOM:543597' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.01 Max: 0.67
Current: 0.67

During the past 5 years, Virtuoso OptoElectronics's highest Cash to Debt Ratio was 0.67. The lowest was 0.00. And the median was 0.01.

BOM:543597's Cash-to-Debt is ranked worse than
66.14% of 2475 companies
in the Hardware industry
Industry Median: 1.34 vs BOM:543597: 0.67

Virtuoso OptoElectronics Cash-to-Debt Historical Data

The historical data trend for Virtuoso OptoElectronics'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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Virtuoso OptoElectronics Cash-to-Debt Chart

Virtuoso OptoElectronics Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

0.01

0.67

Virtuoso OptoElectronics Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial			0.01	0.03	-	-	0.67

Competitive Comparison of Virtuoso OptoElectronics's Cash-to-Debt

For the Consumer Electronics subindustry, Virtuoso OptoElectronics'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.

Virtuoso OptoElectronics's Cash-to-Debt Distribution in the Hardware Industry

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

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

Virtuoso OptoElectronics 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.

Virtuoso OptoElectronics's Cash to Debt Ratio for the fiscal year that ended in Mar. 2024 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)
	=	904.204	/	(745.609	+	604.105)
	=	0.67

Virtuoso OptoElectronics's Cash to Debt Ratio for the quarter that ended in Mar. 2024 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)
	=	904.204	/	(745.609	+	604.105)
	=	0.67

Virtuoso OptoElectronics (BOM:543597) 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.

Virtuoso OptoElectronics Cash-to-Debt Related Terms

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

Virtuoso OptoElectronics (BOM:543597) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Virtuoso OptoElectronics Ltd (BOM:543597) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

Plot No. 7 M.I.D.C, Satpur, Nasik, MH, IND, 422007

Website

https://www.voepl.com

Virtuoso OptoElectronics Ltd is engaged in the manufacturing of consumer durable goods, assembles a wide array of products and provide end-to-end product solutions. The company's product portfolio of consumer goods includes Split Air Conditioners; Water Heaters; LED Lighting products; and other miscellaneous products such as injection moulding components for air conditioners.

Virtuoso OptoElectronics (BOM:543597) Headlines

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