UTStarcom Holdings (UTStarcom Holdings) Cash-to-Debt : 17.57 (As of Dec. 2023)

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What is UTStarcom Holdings 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. UTStarcom Holdings's cash to debt ratio for the quarter that ended in Dec. 2023 was 17.57.

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, UTStarcom Holdings could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

UTSI' s Cash-to-Debt Range Over the Past 10 Years
Min: 10.96 Med: 5012.33 Max: No Debt
Current: 17.57

During the past 13 years, UTStarcom Holdings's highest Cash to Debt Ratio was No Debt. The lowest was 10.96. And the median was 5012.33.

UTSI's Cash-to-Debt is ranked better than
82.52% of 2374 companies
in the Hardware industry
Industry Median: 1.34 vs UTSI: 17.57

UTStarcom Holdings Cash-to-Debt Historical Data

The historical data trend for UTStarcom Holdings'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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UTStarcom Holdings Cash-to-Debt Chart

UTStarcom Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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12.53

24.66

10.96

17.46

17.57

UTStarcom Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															10.96	12.45	17.46	19.68	17.57

Competitive Comparison of UTStarcom Holdings's Cash-to-Debt

For the Communication Equipment subindustry, UTStarcom Holdings'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.

UTStarcom Holdings's Cash-to-Debt Distribution in the Hardware Industry

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

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

UTStarcom Holdings 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.

UTStarcom Holdings's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 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)
	=	49.968	/	(1.184	+	1.66)
	=	17.57

UTStarcom Holdings's Cash to Debt Ratio for the quarter that ended in Dec. 2023 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)
	=	49.968	/	(1.184	+	1.66)
	=	17.57

UTStarcom Holdings (NAS:UTSI) 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.

UTStarcom Holdings Cash-to-Debt Related Terms

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

UTStarcom Holdings (UTStarcom Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » UTStarcom Holdings Corp (NAS:UTSI) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

UT5:Germany

Address

368 Liuhe Road, 4th Floor, South Wing, Binjiang District, Hangzhou, CHN, 310052

Website

https://www.utstar.com

UTStarcom Holdings Corp operates as a telecom infrastructure provider. It develops technology for bandwidth from cloud-based services, mobile, streaming, and other applications. The range of solutions is designed to expand and modernize telecommunications networks through smooth network system integration, lower operating costs, and increased broadband access. The business activity of the firm is operated through the Equipment and Service segment. The Equipment segment is focused on equipment sales, including network infrastructure and application products, and the Service segment is engaged in providing services and support of equipment products and also the new operational support. The company operates in China, India, Japan, Taiwan, and other countries.

Executives

Softbank Group Corp	10 percent owner	1-7-1 KAIGAN, MINATO-KU, TOKYO M0 105-7537
Softbank America Inc	10 percent owner	300 DELAWARE AVENUE, SUITE 900, WILMINGTON DE 19801
Softbank Holdings Inc Et Al	10 percent owner
Capital Management Shah	10 percent owner	8601 SIX FORKS ROAD, SUITE 630, RALEIGH NC 27615
Ying (jack) Lu	officer: Senior VP & COO	UTSTARCOM, INC., 1275 HARBOR BAY PKWY, ALAMEDA CA 94502
Linzhen Xie	director	EAST THIRD RING ROAD, 11TH FLOOR, B TOWER, NO. 36 NORTH, BEIJING F4 100013
Wong William Shiu Kau	director	C/O UTSTARCOM, INC., 1275 HARBOR BAY PKWY., ALAMEDA CA 94502
Xiaoping Li	director	C/O UTSTARCOM, INC., 1275 HARBOR BAY PKWY., ALAMEDA CA 94502
Baichuan Du	director	ROOM 1504, BUILDING 7, NO. 1504, NO. 2 GUANG AN MEN, BEI BING HE RD., WEST DISTRICT BEIJING F4 100045
Peter Blackmore	officer: President & COO	UTSTARCOM, INC., 1275 HARBOR BAY PARKWAY, ALAMEDA CA 94502
Hong Liang Lu	director, officer: President and CEO	C/O UTSTARCOM INC., 1275 HARBOR BAY PARKWAY, ALAMEDA CA 94502
Edmond Cheng	officer: Senior VP and CFO	C/O UTSTARCOM, INC., 1275 HARBOR BAY PARKWAY, ALAMEDA CA 94502
Henry Li	officer: SVP and General Counsel	C/O UTSTARCOM, INC., 1275 HARBOR BAY PARKWAY, ALAMEDA CA 94502
Viraj J Patel	officer: VP, Corp. Controller and CAO	100 CANAL POINTE BLVD., SUITE 108, PRINCETON NJ 08540
Kenneth Luk	officer: Senior VP and CFO	C/O UTSTARCOM, INC., 1275 HARBOR BAY PARKWAY, ALAMEDA CA 94502