Manufacturing Integration Technology (SGX:M11) Cash-to-Debt : 0.22 (As of Dec. 2024)

View and export this data going back to 2000. Start your Free Trial

What is Manufacturing Integration 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. Manufacturing Integration Technology's cash to debt ratio for the quarter that ended in Dec. 2024 was 0.22.

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, Manufacturing Integration Technology couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2024.

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

SGX:M11' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.22 Med: 4.57 Max: 187.04
Current: 0.22

During the past 13 years, Manufacturing Integration Technology's highest Cash to Debt Ratio was 187.04. The lowest was 0.22. And the median was 4.57.

SGX:M11's Cash-to-Debt is ranked worse than
86.88% of 1006 companies
in the Semiconductors industry
Industry Median: 1.72 vs SGX:M11: 0.22

Manufacturing Integration Technology Cash-to-Debt Historical Data

The historical data trend for Manufacturing Integration 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.

Manufacturing Integration Technology Cash-to-Debt Chart

Manufacturing Integration Technology Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash-to-Debt

Get a 7-Day Free Trial

7.39

4.58

9.19

0.52

0.22

Manufacturing Integration Technology Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Cash-to-Debt	Get a 7-Day Free Trial															9.19	15.72	0.52	0.32	0.22

Competitive Comparison of Manufacturing Integration Technology's Cash-to-Debt

For the Semiconductor Equipment & Materials subindustry, Manufacturing Integration 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.

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

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

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

Save Embed

;

Save Embed

;

Manufacturing Integration 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.

Manufacturing Integration Technology'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)
	=	0.8	/	(3.298	+	0.374)
	=	0.22

Manufacturing Integration Technology'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)
	=	0.8	/	(3.298	+	0.374)
	=	0.22

Manufacturing Integration Technology (SGX:M11) 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.

Manufacturing Integration Technology Cash-to-Debt Related Terms

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

Manufacturing Integration Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Manufacturing Integration Technology Ltd (SGX:M11) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ang Mo Kio Avenue 5, Block 5004, No. 03-12, Techplace II, Singapore, SGP, 569872

Website

https://www.mitech-ltd.com.sg

Manufacturing Integration Technology Ltd operates as an integrated automation solution provider for the semiconductor and solar industries. The firm operates in the built-to-print segment and is mainly engaged in contract equipment manufacturing activities. The customized automation segment is engaged in designing, developing, and manufacturing automated equipment. Majority of the revenue is generated from the built-to-print segment. Geographically, its business presence is seen across the region of China, Singapore, Europe, the USA, and Asia excluding China and Singapore.

Manufacturing Integration Technology Headlines

No Headlines