HiWave Technologies (LSE:HIW) Cash-to-Debt : No Debt ⁽¹⁾ (As of Sep. 2012)

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What is HiWave Technologies 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. HiWave Technologies's cash to debt ratio for the quarter that ended in Sep. 2012 was No Debt ⁽¹⁾.

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, HiWave Technologies could pay off its debt using the cash in hand for the quarter that ended in Sep. 2012.

(1) 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.

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

LSE:HIW' s Cash-to-Debt Range Over the Past 10 Years
Min: No Debt Med: No Debt Max: No Debt
Current: No Debt

During the past 13 years, HiWave Technologies's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

LSE:HIW's Cash-to-Debt is not ranked
in the Hardware industry.
Industry Median: 1.32 vs LSE:HIW: No Debt

HiWave Technologies Cash-to-Debt Historical Data

The historical data trend for HiWave Technologies'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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HiWave Technologies Cash-to-Debt Chart

HiWave Technologies Annual Data

Trend

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Cash-to-Debt

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No Debt

HiWave Technologies Semi-Annual Data
	Dec02	Jun03	Dec03	Jun04	Dec04	Jun05	Dec05	Jun06	Dec06	Jun07	Dec07	Jun08	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Mar12	Sep12
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of HiWave Technologies's Cash-to-Debt

For the Electronic Components subindustry, HiWave Technologies'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.

HiWave Technologies's Cash-to-Debt Distribution in the Hardware Industry

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

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

HiWave Technologies 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.

HiWave Technologies's Cash to Debt Ratio for the fiscal year that ended in Sep. 2012 is calculated as:

HiWave Technologies had no debt ⁽¹⁾.

HiWave Technologies's Cash to Debt Ratio for the quarter that ended in Sep. 2012 is calculated as:

HiWave Technologies had no debt ⁽¹⁾.

HiWave Technologies (LSE:HIW) 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.

HiWave Technologies Cash-to-Debt Related Terms

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