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SemiLEDsLEDS +45.45%48 Cash-to-Debt is 2.55 as of May. 2026, which is 454% above its 10-year median of 0.46. GuruFocus rates LEDS with a GF Score™ of 48/100 and a GF Value™ of $3.85 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,025 Semiconductors companies, SemiLEDs ranks worse than 51.41% on this metric.
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. SemiLEDs's cash to debt ratio for the quarter that ended in May. 2026 was 2.55.
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, SemiLEDscould pay off its debt using the cash in hand for the quarter that ended in May. 2026.
The historical rank and industry rank for SemiLEDs's Cash-to-Debt or its related term are showing as below:
LEDS'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.1 Med: 0.46 Max: 2.55
Current: 2.55
During the past 13 years, SemiLEDs's highest Cash to Debt Ratio was 2.55. The lowest was 0.10. And the median was 0.46.
LEDS's Cash-to-Debt is ranked worse than 51.41% of 1025
companies
in the Semiconductors industry
Industry Median: 1.68
vs LEDS: 2.55
SemiLEDs (NAS:LEDS) 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.
SemiLEDs Cash-to-Debt Related Terms
SemiLEDs Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for SemiLEDs'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.
For the Semiconductors subindustry, SemiLEDs'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.
SemiLEDs Cash-to-Debt vs Semiconductors Industry
For the Semiconductors industry and Technology sector, SemiLEDs's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where SemiLEDs's Cash-to-Debt falls into.
* 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.
SemiLEDs (LEDS) has a Cash-to-Debt of 2.55 as of May. 2026. This is 454% above median its historical median of 0.46. Over the past decade, SemiLEDs' Cash-to-Debt has ranged from 0.10 to 2.55. According to the industry distribution chart, SemiLEDs ranks #527 out of 1025 companies in the Semiconductors industry, placing it in the top 51.4%.
Is SemiLEDs' Cash-to-Debt too high?
SemiLEDs' current Cash-to-Debt of 2.55 is 454% above median its 10-year median of 0.46. Over the past 10 years, this metric has ranged from a low of 0.10 to a high of 2.55. The Semiconductors industry median Cash-to-Debt is 1.68. SemiLEDs' value of 2.55 is 51.8% above this industry median. Based on the distribution chart, SemiLEDs ranks #527 out of 1025 companies in the Semiconductors industry, which is below the industry midpoint. Overall, SemiLEDs has a GF Score™ of 48/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does SemiLEDs' Cash-to-Debt compare to PRSO and PRKR?
According to the Semiconductors industry distribution chart, SemiLEDs ranks #527 out of 1025 companies for Cash-to-Debt. This places SemiLEDs in the lower half of its industry. The industry median Cash-to-Debt is 1.68. SemiLEDs' value of 2.55 is 51.8% above this benchmark. Historically, SemiLEDs' own Cash-to-Debt has ranged from 0.10 to 2.55 over the past decade. While the company's 10-year median is 0.46 vs. the industry median of 1.68, SemiLEDs has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash-to-Debt for a Semiconductors company?
The median Cash-to-Debt among Semiconductors companies is 1.68, based on 1,025 companies in the industry. Companies in the top quartile (top 25%) have a Cash-to-Debt significantly above this median, while those in the bottom quartile fall well below. However, Cash-to-Debt should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. SemiLEDs's current Cash-to-Debt of 2.55 is 51.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash-to-Debt mean?
A high Cash-to-Debt can signal that a stock is expensive relative to its fundamentals. For the Semiconductors industry, the median Cash-to-Debt is 1.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SemiLEDs's current Cash-to-Debt is 2.55, which is 454% above median its own 10-year median of 0.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SemiLEDs stock overvalued right now?
Based on GuruFocus' analysis, SemiLEDs (LEDS) is currently considered Possible Value Trap. The stock's GF Value™ is $3.85, compared to a current price of $2.24 — trading 41.8% below its estimated fair value. The current Cash-to-Debt is 2.55, which is 454% above median its 10-year median of 0.46 and 51.8% above the Semiconductors industry median of 1.68. SemiLEDs' overall GF Score™ is 48/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash-to-Debt calculated?
Cash-to-Debt is calculated from a company's financial statements. For SemiLEDs (LEDS), the current Cash-to-Debt is 2.55 as of May. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is SemiLEDs (LEDS) Overvalued in 2026?
Based on GuruFocus' analysis, SemiLEDs stock appears to be undervalued.
The current stock price of $2.24 is trading 41.8% below its estimated GF Value™ of $3.85.
GuruFocus considers SemiLEDs to be Possible Value Trap.
Key valuation signals for LEDS:
Cash-to-Debt: 2.55 (454% above median its 10-year median of 0.46)
GF Value™: $3.85 vs. price of $2.24 (41.8% below fair value)
Industry Position: 51.8% above the Semiconductors median (#527 of 1025)
No single metric tells the full story. See the LEDS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SemiLEDs Corp develops, manufactures, and sells light-emitting diode chips and LED components. The company's products include LED Chips, LED Components, and Lighting Products. Its products are used for general lighting applications, including street lights and commercial, industrial, system, and residential lighting; specialty industrial applications, such as ultraviolet, or Ultraviolet, curing of polymers, LED light therapy in medical/cosmetic applications, counterfeit detection, LED lighting for horticulture applications, architectural lighting and entertainment lighting. Substantial revenue is generated from the sale of LED components products. Geographically, it derives a majority of its revenue from Japan.
48GF Score
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