FiEE (MINM) Cash-to-Debt : No Debt ⁽¹⁾ (As of Sep. 2024)

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What is FiEE 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. FiEE's cash to debt ratio for the quarter that ended in Sep. 2024 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, FiEE could pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

(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 FiEE's Cash-to-Debt or its related term are showing as below:

MINM' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.05 Med: 0.28 Max: No Debt
Current: 21.33

During the past 13 years, FiEE's highest Cash to Debt Ratio was No Debt. The lowest was 0.05. And the median was 0.28.

MINM's Cash-to-Debt is ranked better than
83.57% of 2446 companies
in the Hardware industry
Industry Median: 1.405 vs MINM: 21.33

FiEE Cash-to-Debt Historical Data

The historical data trend for FiEE'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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FiEE Cash-to-Debt Chart

FiEE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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11.82

0.30

2.35

0.09

30.83

FiEE Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial															0.24	30.83	114.11	No Debt	No Debt

Competitive Comparison of FiEE's Cash-to-Debt

For the Communication Equipment subindustry, FiEE'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.

FiEE's Cash-to-Debt Distribution in the Hardware Industry

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

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

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FiEE 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.

FiEE'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)
	=	0.709	/	(0.023	+	0)
	=	30.83

FiEE's Cash to Debt Ratio for the quarter that ended in Sep. 2024 is calculated as:

FiEE had no debt ⁽¹⁾.

FiEE (OTCPK:MINM) 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.

FiEE Cash-to-Debt Related Terms

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

FiEE Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » FiEE Inc (OTCPK:MINM) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 Hoi Shing Road, Flat A1, 29/F, Block A, TML Tower, Tsuen Wan, Kowloon, HKG, 03101

Website

https://www.minim.com

FiEE Inc, formerly Minim Inc manufactures communications equipment. The company delivers smart software-driven communications products under the Motorola brand. Its hardware products include cable modems, cable modems/routers, mobile broadband modems, wireless routers, MoCA adapters, and mesh home networking devices. Geographically, it generates nearly all of its revenue from North America.

Executives

Elizabeth Cash Hitchcock	director, 10 percent owner	848 ELM STREET, 2ND FLOOR, MANCHESTER NH 03101
Jeremy P. Hitchcock	director, 10 percent owner	848 ELM STREET, 2ND FLOOR, MANCHESTER NH 03101
Andrew F. Papanicolau	director	848 ELM STREET, MANCHESTER NH 03101
Mehul A Patel	officer: Chief Financial Officer	3770 BLACKBURN COURT, CHALFONT PA 18914
Dustin Tacker	officer: Interim Chief Acctng. Officer	224 ATLANTIC ST, GLOUCESTER MA 01930
Daniel A Artusi	director	5966 LA PLACE COURT, SUITE 100, CARLSBAD CA 92008
Hitchcock Elizabeth Sarah Cash	director, 10 percent owner	101 ARCH STREET, BOSTON MA 02110
Sandra Kaye Howe	director	101 ARCH STREET, BOSTON MA 02110
David Bradley Aronoff	director	101 ARCH STREET, BOSTON MA 02110
Graham James Chynoweth	director, officer: Chief Executive Officer	101 ARCH STREET, BOSTON MA 02110
Joshua Horowitz	director	72-38 113TH STREET, APARTMENT 3L, FOREST HILLS NY 11375
Sean Patrick Doherty	officer: Chief Financial Officer	101 ARCH STREET, BOSTON MA 02110
Nicole Elisabeth Zheng	officer: President & CMO	101 ARCH STREET, BOSTON MA 02110
John Lauten	officer: Chief Operating Officer	848 ELM STREET, MANCHESTER NH 03101
Terry Manning	officer: VP of Sales & Marketing