MITNF (MI Technovation Bhd) Cash-to-Debt: 2.78 (As of Jun. 2026) — 60% Below Median

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MITNF MI Technovation Bhd MITNF
79 GF Score
Price $0.57
GF Value $0.36
! 7 Warning Signs
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What is MI Technovation Bhd Cash-to-Debt?

MI Technovation Bhd MITNF 79 Cash-to-Debt is 2.78 as of Jun. 2026, which is 60% below its 10-year median of 7.01. GuruFocus rates MITNF with a GF Score™ of 79/100 and a GF Value™ of $0.36. The stock has 7 warning signs investors should review. Among 1,025 Semiconductors companies, MI Technovation Bhd ranks better than 60% 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. MI Technovation Bhd's cash to debt ratio for the quarter that ended in Jun. 2026 was 2.78.

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, MI Technovation Bhd could pay off its debt using the cash in hand for the quarter that ended in Jun. 2026.

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

MITNF' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.1   Med: 7.01   Max: No Debt
Current: 2.78

During the past 11 years, MI Technovation Bhd's highest Cash to Debt Ratio was No Debt. The lowest was 1.10. And the median was 7.01.

MITNF's Cash-to-Debt is ranked better than
60% of 1025 companies
in the Semiconductors industry
Industry Median: 1.69 vs MITNF: 2.78

MI Technovation Bhd  (OTCPK:MITNF) 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.


MI Technovation Bhd Cash-to-Debt Related Terms


MI Technovation Bhd Cash-to-Debt Historical Data

* Premium members only.

The historical data trend for MI Technovation Bhd'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.

MI Technovation Bhd Cash-to-Debt Chart

MI Technovation Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.70 4.85 7.63 7.36 4.38

MI Technovation Bhd Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.38 5.07 4.38 3.11 2.78

MITNF vs AMAT, LRCX, KLAC: Cash-to-Debt Comparison

For the Semiconductor Equipment & Materials subindustry, MI Technovation Bhd'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.


MI Technovation Bhd Cash-to-Debt vs Semiconductors Industry

For the Semiconductors industry and Technology sector, MI Technovation Bhd's Cash-to-Debt distribution charts can be found below:

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


MITNF
79GF Score
MI Technovation Bhd MITNF
Cash-to-Debt is just one metric. See GF Score™, valuation, warning signs, and more.
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MI Technovation Bhd 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.

MI Technovation Bhd's Cash to Debt Ratio for the fiscal year that ended in Dec. 2025 is calculated as:

MI Technovation Bhd's Cash to Debt Ratio for the quarter that ended in Jun. 2026 is calculated as:

* 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.

Frequently Asked Questions Learn more about Cash-to-Debt →
What does a Cash-to-Debt of 2.78 mean?
MI Technovation Bhd (MITNF) has a Cash-to-Debt of 2.78 as of Jun. 2026. This is 60% below median its historical median of 7.01. Over the past decade, MI Technovation Bhd's Cash-to-Debt has ranged from 1.10 to 10,000.00. According to the industry distribution chart, MI Technovation Bhd ranks #410 out of 1025 companies in the Semiconductors industry, placing it in the top 40%.
Is MI Technovation Bhd's Cash-to-Debt too high?
MI Technovation Bhd's current Cash-to-Debt of 2.78 is 60% below median its 10-year median of 7.01. Over the past 10 years, this metric has ranged from a low of 1.10 to a high of 10,000.00. The Semiconductors industry median Cash-to-Debt is 1.69. MI Technovation Bhd's value of 2.78 is 64.5% above this industry median. Based on the distribution chart, MI Technovation Bhd ranks #410 out of 1025 companies in the Semiconductors industry, which is above the industry midpoint. Overall, MI Technovation Bhd has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.
How does MI Technovation Bhd's Cash-to-Debt compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, MI Technovation Bhd ranks #410 out of 1025 companies for Cash-to-Debt. This puts MI Technovation Bhd in the upper half of its industry. The industry median Cash-to-Debt is 1.69. MI Technovation Bhd's value of 2.78 is 64.5% above this benchmark. Historically, MI Technovation Bhd's own Cash-to-Debt has ranged from 1.10 to 10,000.00 over the past decade. While the company's 10-year median is 7.01 vs. the industry median of 1.69, MI Technovation Bhd 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 1.69, 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. MI Technovation Bhd's current Cash-to-Debt of 2.78 is 64.5% 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 1.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MI Technovation Bhd's current Cash-to-Debt is 2.78, which is 60% below median its own 10-year median of 7.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MI Technovation Bhd stock overvalued right now?
MI Technovation Bhd (MITNF) has a current Cash-to-Debt of 2.78. The stock's GF Value™ is $0.36, compared to a current price of $0.57 — trading 58.3% above its estimated fair value. The current Cash-to-Debt is 2.78, which is 60% below median its 10-year median of 7.01 and 64.5% above the Semiconductors industry median of 1.69. MI Technovation Bhd's overall GF Score™ is 79/100 with 7 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 MI Technovation Bhd (MITNF), the current Cash-to-Debt is 2.78 as of Jun. 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 MI Technovation Bhd (MITNF) Overvalued in 2026?

Based on GuruFocus' analysis, MI Technovation Bhd stock appears to be overvalued. The current stock price of $0.57 is trading 58.3% above its estimated GF Value™ of $0.36.

Key valuation signals for MITNF:

  • Cash-to-Debt: 2.78 (60% below median its 10-year median of 7.01)
  • GF Value™: $0.36 vs. price of $0.57 (58.3% above fair value)
  • GF Score™: 79/100 with 7 warning signs
  • Industry Position: 64.5% above the Semiconductors median (#410 of 1025)

No single metric tells the full story. See the MITNF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MI Technovation Bhd Business Description

Other Exchanges 5286:Malaysia
Address ILHAM Tower No.8 Jalan Binjai, Office Suite 12A-2, Level 12A, Kuala Lumpur, MYS, 50450
MI Technovation Bhd is engaged in the design, development, manufacturing and sales of semiconductor manufacturing equipment, provision of maintenance services and technical support, manufacturing and sales of solder spheres, research and development, manufacturing, sales and marketing of specific process and application in assembly and packaging solutions to customer. Its segments include Semiconductor Equipment Business Unit, Semiconductor Equipment Business Unit, and Semiconductor Solutions Business Unit, and Others. The SEBU is involved in design, manufacturing and sales of semiconductor manufacturing equipment, coupled with integrated Artificial Intelligence (AI) technologies and smart factory automation solutions.
79GF Score

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Cash-to-Debt is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.57
Price
$0.36
GF Value