Arima Lasers (ROCO:3627) Cash-to-Debt : 2.87 (As of Dec. 2023)

View and export this data going back to 2013. Start your Free Trial

What is Arima Lasers 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. Arima Lasers's cash to debt ratio for the quarter that ended in Dec. 2023 was 2.87.

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

ROCO:3627' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.24 Med: 5001.46 Max: No Debt
Current: 2.87

During the past 11 years, Arima Lasers's highest Cash to Debt Ratio was No Debt. The lowest was 1.24. And the median was 5001.46.

ROCO:3627's Cash-to-Debt is ranked better than
58.41% of 993 companies
in the Semiconductors industry
Industry Median: 1.79 vs ROCO:3627: 2.87

Arima Lasers Cash-to-Debt Historical Data

The historical data trend for Arima Lasers'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.

Arima Lasers Cash-to-Debt Chart

Arima Lasers Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

1.24

1.77

2.46

2.93

2.87

Arima Lasers 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															2.46	3.11	2.93	2.84	2.87

Competitive Comparison of Arima Lasers's Cash-to-Debt

For the Semiconductors subindustry, Arima Lasers'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.

Arima Lasers's Cash-to-Debt Distribution in the Semiconductors Industry

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

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

Arima Lasers 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.

Arima Lasers'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)
	=	360.888	/	(32.471	+	93.483)
	=	2.87

Arima Lasers'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)
	=	360.888	/	(32.471	+	93.483)
	=	2.87

Arima Lasers (ROCO:3627) 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.

Arima Lasers Cash-to-Debt Related Terms

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

Arima Lasers (ROCO:3627) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Arima Lasers Corp (ROCO:3627) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Zhongxing Road, 9th Floor, Number 458, Pingxing Town, Pingzhen District, Taoyuan, TWN, 32460

Website

http://www.arimalasers.com

Arima Lasers Corp is a Taiwan based company involved in manufacturing multiple products comprising of Laser diode, Laser module, High power Laser and Fiber-coupled Laser. The company is also into the foundry business which includes Die Bonding, In Process Quality Check, Wire Bonding and Cap Sealing among others.

Arima Lasers (ROCO:3627) Headlines

No Headlines