KVH Industries (KVH Industries) Cash-to-Debt : 64.90 (As of Dec. 2023)

View and export this data going back to 1996. Start your Free Trial

What is KVH Industries 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. KVH Industries's cash to debt ratio for the quarter that ended in Dec. 2023 was 64.90.

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, KVH Industries 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 KVH Industries's Cash-to-Debt or its related term are showing as below:

KVHI' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.52 Med: 1.81 Max: 64.9
Current: 64.9

During the past 13 years, KVH Industries's highest Cash to Debt Ratio was 64.90. The lowest was 0.52. And the median was 1.81.

KVHI's Cash-to-Debt is ranked better than
89.75% of 2469 companies
in the Hardware industry
Industry Median: 1.35 vs KVHI: 64.90

KVH Industries Cash-to-Debt Historical Data

The historical data trend for KVH Industries'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.

* Premium members only.

KVH Industries Cash-to-Debt Chart

KVH Industries Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

7.65

2.70

7.82

35.40

64.90

KVH Industries Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															35.40	38.81	44.98	58.00	64.90

Competitive Comparison of KVH Industries's Cash-to-Debt

For the Communication Equipment subindustry, KVH Industries'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.

KVH Industries's Cash-to-Debt Distribution in the Hardware Industry

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

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

KVH Industries 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.

KVH Industries'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)
	=	69.771	/	(0.786	+	0.289)
	=	64.90

KVH Industries'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)
	=	69.771	/	(0.786	+	0.289)
	=	64.90

KVH Industries (NAS:KVHI) 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.

KVH Industries Cash-to-Debt Related Terms

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

KVH Industries (KVH Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » KVH Industries Inc (NAS:KVHI) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

50 Enterprise Center, Middletown, RI, USA, 02842

Website

https://www.kvh.com

KVH Industries Inc is a manufacturer of solutions that provide high-speed Internet, television, and voice services through satellite to mobile users at sea and on land. The company also provides commercially licensed entertainment, including news, sports, music, and movies, to commercial and leisure customers in the maritime, hotel, and retail markets. The Company operates in a number of geographic areas, including internationally. The Revenues are generated from international locations, mainly consisting of Singapore, Canada, European Union countries and other European countries, countries in Africa, Asia/Pacific and the Middle East, and India.

Executives

Stephen H Deckoff	director, 10 percent owner	1 SOUND SHORE DRIVE, SUITE 200, GREENWICH CT 06830
Black Diamond Capital Management, L.l.c.	10 percent owner	2187 ATLANTIC STREET, 9TH FLOOR, STAMFORD CT 06902
Needham Group, Inc.	10 percent owner	445 PARK AVENUE, NEW YORK NY 10022
James S Dodez	director	50 ENTERPRISE CENTER, MIDDLETOWN RI 02842
Cielo Hernandez	director	C/O XL FLEET CORP., 145 NEWTON STREET, BOSTON MA 02135
Jennifer Louise Baker	officer: VP/CAO	50 ENTERPRISE CENTER, MIDDLETOWN RI 02842
Felise Feingold	officer: SVP General Counsel	50 ENTERPRISE CENTER, MIDDLETOWN RI 02842
Robert J Balog	officer: Chief Technology Officer`	50 ENTERPRISE CENTER, MIDDLETOWN RI 02842
Brent C Bruun	officer: Interim CEO	50 ENTERPRISE CENTER, MIDDLETOWN RI 02842
David B. Kagan	director	300 HOLIDAY SQUARE BLVD., COVINGTON LA 70433
David Tolley	director	C/O THE BLACKSTONE GROUP, 345 PARK AVENUE, NEW YORK NY 10154
Daniel R Conway	officer: EVP Inertial Navigation	C/O KVH INDUSTRIES INC, 50 ENTERPRISE CENTER, MIDDLETOWN RI 02842
George A Needham	10 percent owner	C/O NEEDHAM & COMPANY, LLC, 445 PARK AVE, NEW YORK NY 10022
Roger Kuebel	officer: CFO	50 ENTERPRISE CENTER, MIDDLETOWN RI 02842
Kits Van Heyningen Martin	other: Sr. Advisor	50 ENTERPRISE CENTER, MIDDLETOWN RI 02842