Aspeed Technology (ROCO:5274) Cash-to-Debt : 113.00 (As of Mar. 2024)

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

What is Aspeed Technology 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. Aspeed Technology's cash to debt ratio for the quarter that ended in Mar. 2024 was 113.00.

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, Aspeed Technology could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

ROCO:5274' s Cash-to-Debt Range Over the Past 10 Years
Min: 2.59 Med: 47.68 Max: No Debt
Current: 113

During the past 13 years, Aspeed Technology's highest Cash to Debt Ratio was No Debt. The lowest was 2.59. And the median was 47.68.

ROCO:5274's Cash-to-Debt is ranked better than
89.89% of 969 companies
in the Semiconductors industry
Industry Median: 1.81 vs ROCO:5274: 113.00

Aspeed Technology Cash-to-Debt Historical Data

The historical data trend for Aspeed Technology'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.

Aspeed Technology Cash-to-Debt Chart

Aspeed Technology Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

14.41

22.20

40.90

83.87

70.80

Aspeed Technology Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															112.22	127.66	2.59	70.80	113.00

Competitive Comparison of Aspeed Technology's Cash-to-Debt

For the Semiconductors subindustry, Aspeed Technology'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.

Aspeed Technology's Cash-to-Debt Distribution in the Semiconductors Industry

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

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

Aspeed Technology 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.

Aspeed Technology'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)
	=	1984.319	/	(19.51	+	8.517)
	=	70.80

Aspeed Technology's Cash to Debt Ratio for the quarter that ended in Mar. 2024 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)
	=	2446.45	/	(13.698	+	7.953)
	=	112.99

Aspeed Technology (ROCO:5274) 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.

Aspeed Technology Cash-to-Debt Related Terms

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

Aspeed Technology (ROCO:5274) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Aspeed Technology Inc (ROCO:5274) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Gongdao 5th Road, Section 3, 4th Floor, No. 1, East District, Hsinchu, TWN

Website

https://www.aspeedtech.com

Aspeed Technology Inc. is an IC-design house in Server Management, PC/ AV extensions solution, Desktop Virtualization and security enhancement. The company is engaged in manufacturing of electronic products, wholesale of information software, retail and service industry, international trade, intellectual property, product design, and other industrial and commercial services. It operates through Multimedia Integrated Circuits (ICs); Computer Peripherals Oriented ICs; and Other segments. The company generates maximum revenue from Multimedia Integrated Circuits (ICs) segment.

Aspeed Technology (ROCO:5274) Headlines

No Headlines