Wafer Works Optronics (ROCO:5221) Cash-to-Debt : 0.12 (As of Jun. 2013)

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

What is Wafer Works Optronics 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. Wafer Works Optronics's cash to debt ratio for the quarter that ended in Jun. 2013 was 0.12.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Wafer Works Optronics couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2013.

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

ROCO:5221's Cash-to-Debt is not ranked ^*
in the Semiconductors industry.
Industry Median: 1.79
* Ranked among companies with meaningful Cash-to-Debt only.

Wafer Works Optronics Cash-to-Debt Historical Data

The historical data trend for Wafer Works Optronics'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.

Wafer Works Optronics Cash-to-Debt Chart

Wafer Works Optronics Annual Data

Trend

Dec10

Dec11

Dec12

Cash-to-Debt

No Debt

0.29

Wafer Works Optronics Semi-Annual Data
	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13
Cash-to-Debt	Get a 7-Day Free Trial			3.66	0.29	0.26	0.29	0.12

Competitive Comparison of Wafer Works Optronics's Cash-to-Debt

For the Semiconductors subindustry, Wafer Works Optronics'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.

Wafer Works Optronics's Cash-to-Debt Distribution in the Semiconductors Industry

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

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

Wafer Works Optronics 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.

Wafer Works Optronics's Cash to Debt Ratio for the fiscal year that ended in Dec. 2012 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)
	=	129.171	/	(308.354	+	144.627)
	=	0.29

Wafer Works Optronics's Cash to Debt Ratio for the quarter that ended in Jun. 2013 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)
	=	58.224	/	(383.866	+	108.333)
	=	0.12

Wafer Works Optronics (ROCO:5221) 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.

Wafer Works Optronics Cash-to-Debt Related Terms

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

Wafer Works Optronics (ROCO:5221) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Wafer Works Optronics Corp. (ROCO:5221) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.wwopt.com

Wafer Works Optronics Corp. is engaged in the development and production of sapphire monocrystalline ingots and sapphire substrates. The company also provides polishing services. It offers monocrystalline ingots for photovoltaic applications; etc.

Wafer Works Optronics (ROCO:5221) Headlines

No Headlines