VisEra Technologies Co (TPE:6789) Cash-to-Debt : 1.94 (As of Mar. 2024)

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What is VisEra Technologies 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. VisEra Technologies Co's cash to debt ratio for the quarter that ended in Mar. 2024 was 1.94.

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, VisEra Technologies Co could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

TPE:6789' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.54 Med: 1.8 Max: No Debt
Current: 1.94

During the past 7 years, VisEra Technologies Co's highest Cash to Debt Ratio was No Debt. The lowest was 0.54. And the median was 1.80.

TPE:6789's Cash-to-Debt is ranked better than
51.51% of 992 companies
in the Semiconductors industry
Industry Median: 1.79 vs TPE:6789: 1.94

VisEra Technologies Co Cash-to-Debt Historical Data

The historical data trend for VisEra Technologies 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.

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VisEra Technologies Co Cash-to-Debt Chart

VisEra Technologies Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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14.80

1.11

0.87

1.90

1.80

VisEra Technologies Co Quarterly Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															1.58	1.66	1.67	1.80	1.94

Competitive Comparison of VisEra Technologies Co's Cash-to-Debt

For the Semiconductors subindustry, VisEra Technologies 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.

VisEra Technologies Co's Cash-to-Debt Distribution in the Semiconductors Industry

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

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

VisEra Technologies 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.

VisEra Technologies Co'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)
	=	12487.301	/	(2373.436	+	4558.831)
	=	1.80

VisEra Technologies Co's Cash to Debt Ratio for the quarter that ended in Mar. 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)
	=	12379.353	/	(2561.339	+	3814.035)
	=	1.94

VisEra Technologies Co (TPE:6789) 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.

VisEra Technologies Co Cash-to-Debt Related Terms

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VisEra Technologies Co (TPE:6789) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » VisEra Technologies Co Ltd (TPE:6789) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 12, Duxing 1st Road, Hsinchu Science Park, Hsinchu, TWN, 30078

Website

https://www.viseratech.com

VisEra Technologies Co Ltd is a dedicated optical foundry mainly engaged in manufacturing electronic spare parts and in researching, developing, designing, manufacturing, selling, packaging, and testing color filters. Geographically, the company operates in Asia, Taiwan, Europe, and the United States, and it derives a majority of its revenue from Asian Markets.

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