HYE Technology Co (ROCO:6877) Cash-to-Debt : 2.24 (As of Dec. 2024)

View and export this data going back to 2022. Start your Free Trial

What is HYE Technology Co 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. HYE Technology Co's cash to debt ratio for the quarter that ended in Dec. 2024 was 2.24.

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, HYE Technology Co could pay off its debt using the cash in hand for the quarter that ended in Dec. 2024.

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

ROCO:6877' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.4 Med: 1.27 Max: 2.59
Current: 2.24

During the past 8 years, HYE Technology Co's highest Cash to Debt Ratio was 2.59. The lowest was 0.40. And the median was 1.27.

ROCO:6877's Cash-to-Debt is ranked better than
53.62% of 1009 companies
in the Semiconductors industry
Industry Median: 1.83 vs ROCO:6877: 2.24

HYE Technology Co Cash-to-Debt Historical Data

The historical data trend for HYE Technology Co'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.

HYE Technology Co Cash-to-Debt Chart

HYE Technology Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash-to-Debt

Get a 7-Day Free Trial

1.00

1.50

1.07

1.47

2.24

HYE Technology Co Quarterly Data
	Dec17	Dec18	Dec19	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Cash-to-Debt	Get a 7-Day Free Trial														1.47	1.13	1.11	1.09	2.24

Competitive Comparison of HYE Technology Co's Cash-to-Debt

For the Semiconductor Equipment & Materials subindustry, HYE Technology Co'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.

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

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

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

Save Embed

;

Save Embed

;

HYE Technology Co 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.

HYE Technology Co's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
	=	627.325	/	(63.718	+	216.642)
	=	2.24

HYE Technology Co's Cash to Debt Ratio for the quarter that ended in Dec. 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)
	=	627.325	/	(63.718	+	216.642)
	=	2.24

HYE Technology Co (ROCO:6877) 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.

HYE Technology Co Cash-to-Debt Related Terms

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

HYE Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » HYE Technology Co Ltd (ROCO:6877) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 88, Beiling 6th Road, Luzhu District, Kaohsiung, TWN, 821

Website

https://www.hyetech.com.tw

HYE Technology Co Ltd is engaged in the sales and manufacturing of automation equipment for the semiconductor and optoelectronic industries. Its products and services include Automation equipment planning, AOI/AVI Machine Vision Planning, and Semiconductor Quality Inspection.

HYE Technology Co Headlines

No Headlines