Giga Device Semiconductor (SHSE:603986) Cash-to-Debt : 8.72 (As of Mar. 2025)

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What is Giga Device 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. Giga Device Semiconductor's cash to debt ratio for the quarter that ended in Mar. 2025 was 8.72.

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, Giga Device Semiconductor could pay off its debt using the cash in hand for the quarter that ended in Mar. 2025.

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

SHSE:603986' s Cash-to-Debt Range Over the Past 10 Years
Min: 2.17 Med: 64.37 Max: No Debt
Current: 8.72

During the past 13 years, Giga Device Semiconductor's highest Cash to Debt Ratio was No Debt. The lowest was 2.17. And the median was 64.37.

SHSE:603986's Cash-to-Debt is ranked better than
71.16% of 1009 companies
in the Semiconductors industry
Industry Median: 1.83 vs SHSE:603986: 8.72

Giga Device Semiconductor Cash-to-Debt Historical Data

The historical data trend for Giga Device 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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Giga Device Semiconductor Cash-to-Debt Chart

Giga Device Semiconductor Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash-to-Debt

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119.02

64.26

70.23

78.02

9.25

Giga Device Semiconductor Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Cash-to-Debt	Get a 7-Day Free Trial															19.33	17.36	11.61	9.25	8.72

Competitive Comparison of Giga Device Semiconductor's Cash-to-Debt

For the Semiconductors subindustry, Giga Device 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.

Giga Device Semiconductor's Cash-to-Debt Distribution in the Semiconductors Industry

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

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

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Giga Device 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.

Giga Device Semiconductor'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)
	=	9248.01	/	(951.334	+	48.023)
	=	9.25

Giga Device Semiconductor's Cash to Debt Ratio for the quarter that ended in Mar. 2025 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)
	=	9509.574	/	(1030.032	+	60.995)
	=	8.72

Giga Device Semiconductor (SHSE:603986) 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.

Giga Device Semiconductor Cash-to-Debt Related Terms

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

Giga Device Semiconductor Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Giga Device Semiconductor Inc (SHSE:603986) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

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Address

No. 9 Fenghao East Road, Building 8, Zhongguancun Integrated Circuit Design Park, Haidian District, Beijing, CHN, 100094

Website

https://www.gigadevice.com

Giga Device Semiconductor Inc is engaged in the domestic storage and Internet of things (IoT) chip industry. Its products portfolio comprises of flash memories and microcontrollers. Some of its products are SPI NOR flash, SPI NAND flash, ARM cortex-M3, among others. The products are for the use in embedded, consumer, and mobile communications applications.

Executives

Hu Hong	Director
Sun Gui Jing	senior management
Zhu Yi Ming	Director
Chen Yong Bo	senior management
Zheng Tao	senior management
He Wei	senior management
Li Hong	senior management

Giga Device Semiconductor Headlines

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