Comtech Telecommunications (FRA:CC6) Cash-to-Debt : 0.15 (As of Jul. 2024)

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What is Comtech Telecommunications 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. Comtech Telecommunications's cash to debt ratio for the quarter that ended in Jul. 2024 was 0.15.

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, Comtech Telecommunications couldn't pay off its debt using the cash in hand for the quarter that ended in Jul. 2024.

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

FRA:CC6' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.09 Med: 0.24 Max: No Debt
Current: 0.15

During the past 13 years, Comtech Telecommunications's highest Cash to Debt Ratio was No Debt. The lowest was 0.09. And the median was 0.24.

FRA:CC6's Cash-to-Debt is ranked worse than
90.57% of 2459 companies
in the Hardware industry
Industry Median: 1.29 vs FRA:CC6: 0.15

Comtech Telecommunications Cash-to-Debt Historical Data

The historical data trend for Comtech Telecommunications'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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Comtech Telecommunications Cash-to-Debt Chart

Comtech Telecommunications Annual Data

Trend

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Jul24

Cash-to-Debt

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0.26

0.12

0.09

0.15

Comtech Telecommunications Quarterly Data
	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24
Cash-to-Debt	Get a 7-Day Free Trial															0.09	0.08	0.19	0.14	0.15

Competitive Comparison of Comtech Telecommunications's Cash-to-Debt

For the Communication Equipment subindustry, Comtech Telecommunications'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.

Comtech Telecommunications's Cash-to-Debt Distribution in the Hardware Industry

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

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

Comtech Telecommunications 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.

Comtech Telecommunications's Cash to Debt Ratio for the fiscal year that ended in Jul. 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)
	=	29.903	/	(10.989	+	185.086)
	=	0.15

Comtech Telecommunications's Cash to Debt Ratio for the quarter that ended in Jul. 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)
	=	29.903	/	(10.989	+	185.086)
	=	0.15

Comtech Telecommunications (FRA:CC6) 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.

Comtech Telecommunications Cash-to-Debt Related Terms

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

Comtech Telecommunications Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Comtech Telecommunications Corp (FRA:CC6) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

CMTL:USA CC6:Germany

Address

305 North 54th Street, Chandler, AZ, USA, 85226

Website

https://www.comtechtel.com

Comtech Telecommunications Corp is a provider of modern communications solution incorporated in USA. The company is engaged in designing, developing, producing and marketing products, systems, and services for communications solutions. It is engaged in two business segments, Satellite and Space Communications and Terrestrial and Wireless Networks. It's Space and satellite is USA based providers of modems and high-power amplifiers, a market leader in troposcatter technologies, and serves some of the world's defense contractors and allied foreign governments. Terrestrial and Wireless Networks segment is a provider of next generation 911 infrastructure and solutions for state and local governments and carriers. Majority of sales are generated from Satellite and Space Communications segment.

Comtech Telecommunications Headlines

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