Mars Semiconductor (ROCO:6708) Cash-to-Debt : 37.42 (As of Jun. 2024)

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What is Mars Semiconductor 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. Mars Semiconductor's cash to debt ratio for the quarter that ended in Jun. 2024 was 37.42.

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, Mars Semiconductor could pay off its debt using the cash in hand for the quarter that ended in Jun. 2024.

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

ROCO:6708' s Cash-to-Debt Range Over the Past 10 Years
Min: 2.62 Med: 4.9 Max: 37.42
Current: 37.42

During the past 8 years, Mars Semiconductor's highest Cash to Debt Ratio was 37.42. The lowest was 2.62. And the median was 4.90.

ROCO:6708's Cash-to-Debt is ranked better than
87.76% of 2459 companies
in the Hardware industry
Industry Median: 1.31 vs ROCO:6708: 37.42

Mars Semiconductor Cash-to-Debt Historical Data

The historical data trend for Mars Semiconductor'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.

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Mars Semiconductor Cash-to-Debt Chart

Mars Semiconductor Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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4.42

3.37

3.63

10.98

30.70

Mars Semiconductor Quarterly Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Cash-to-Debt	Get a 7-Day Free Trial															31.37	28.97	30.70	33.12	37.42

Competitive Comparison of Mars Semiconductor's Cash-to-Debt

For the Communication Equipment subindustry, Mars Semiconductor'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.

Mars Semiconductor's Cash-to-Debt Distribution in the Hardware Industry

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

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

Mars Semiconductor 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.

Mars Semiconductor'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)
	=	342.763	/	(3.901	+	7.263)
	=	30.70

Mars Semiconductor's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	340.973	/	(3.475	+	5.638)
	=	37.42

Mars Semiconductor (ROCO:6708) 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.

Mars Semiconductor Cash-to-Debt Related Terms

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

Mars Semiconductor Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Mars Semiconductor Corp (ROCO:6708) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1, Lixing 1st Road, Room C5, 3rd Floor, Hsinchu Science Park, Hsinchu, TWN

Website

http://www.mars-semi.com.tw

Mars Semiconductor Corp is a bandwidth wireless audio and video chip design company. It provides wireless cloud system service (SaaS) software and hardware integration services. The company's products include wireless home security, wireless cars, and wireless baby monitors.

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