Biostar Microtech International (TPE:2399) Cash-to-Debt : 815.56 (As of Sep. 2024)

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What is Biostar Microtech International 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. Biostar Microtech International's cash to debt ratio for the quarter that ended in Sep. 2024 was 815.56.

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, Biostar Microtech International could pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

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

TPE:2399' s Cash-to-Debt Range Over the Past 10 Years
Min: 7.85 Med: 190.74 Max: 815.56
Current: 815.56

During the past 13 years, Biostar Microtech International's highest Cash to Debt Ratio was 815.56. The lowest was 7.85. And the median was 190.74.

TPE:2399's Cash-to-Debt is ranked better than
95.61% of 2458 companies
in the Hardware industry
Industry Median: 1.29 vs TPE:2399: 815.56

Biostar Microtech International Cash-to-Debt Historical Data

The historical data trend for Biostar Microtech International'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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Biostar Microtech International Cash-to-Debt Chart

Biostar Microtech International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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11.18

321.71

484.20

189.56

326.43

Biostar Microtech International Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial															227.71	326.43	327.91	453.10	815.56

Competitive Comparison of Biostar Microtech International's Cash-to-Debt

For the Computer Hardware subindustry, Biostar Microtech International'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.

Biostar Microtech International's Cash-to-Debt Distribution in the Hardware Industry

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

* The bar in red indicates where Biostar Microtech International's Cash-to-Debt falls into.

Biostar Microtech International 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.

Biostar Microtech International'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)
	=	1287.457	/	(3.641	+	0.303)
	=	326.43

Biostar Microtech International's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	1392.167	/	(1.707	+	0)
	=	815.56

Biostar Microtech International (TPE:2399) 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.

Biostar Microtech International Cash-to-Debt Related Terms

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

Biostar Microtech International Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Biostar Microtech International Corp (TPE:2399) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

2Floor, NO.108-2 Min Chuan Road, Hsin-Tien District, New Taipei City, TWN

Website

https://www.biostar.com.tw

Biostar Microtech International Corp is dedicated to the design, development, manufacture, and marketing of a broad range of networking solutions. The company also manufactures products such as add-on cards, multimedia, and system. Its products include PC motherboards, VGA cards, and electronic components, among others. The segments of the company are: Asia-Pacific Operating Segment that includes manufacturing of computer mainboard, industrial computers and display cards, and sale of electronic products in the Asia-Pacific area; America Sales Segment consists of sale of electronic products in the Americas and Europe Sales Segment involves sale of electronic products in Europe. It derives maximum revenue from Asia-Pacific Segment.

Biostar Microtech International Headlines

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