Simac Techniek (XAMS:SIMAC) Cash-to-Debt : 0.53 (As of Dec. 2014)

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What is Simac Techniek 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. Simac Techniek's cash to debt ratio for the quarter that ended in Dec. 2014 was 0.53.

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, Simac Techniek couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2014.

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

XAMS:SIMAC' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.45 Med: 9.33 Max: No Debt
Current: 22

During the past 10 years, Simac Techniek's highest Cash to Debt Ratio was No Debt. The lowest was 0.45. And the median was 9.33.

XAMS:SIMAC's Cash-to-Debt is not ranked
in the Software industry.
Industry Median: 2.57 vs XAMS:SIMAC: 22.00

Simac Techniek Cash-to-Debt Historical Data

The historical data trend for Simac Techniek'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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Simac Techniek Cash-to-Debt Chart

Simac Techniek Annual Data

Trend

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Cash-to-Debt

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6.93

9.33

14.87

22.00

0.53

Simac Techniek Semi-Annual Data
	Dec05	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14
Cash-to-Debt	Get a 7-Day Free Trial					6.93	9.33	14.87	22.00	0.53

Competitive Comparison of Simac Techniek's Cash-to-Debt

For the Information Technology Services subindustry, Simac Techniek'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.

Simac Techniek's Cash-to-Debt Distribution in the Software Industry

For the Software industry and Technology sector, Simac Techniek's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Simac Techniek's Cash-to-Debt falls into.

Simac Techniek 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.

Simac Techniek's Cash to Debt Ratio for the fiscal year that ended in Dec. 2014 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)
	=	1.043	/	(1.838	+	0.124)
	=	0.53

Simac Techniek's Cash to Debt Ratio for the quarter that ended in Dec. 2014 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)
	=	1.043	/	(1.838	+	0.124)
	=	0.53

Simac Techniek (XAMS:SIMAC) 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.

Simac Techniek Cash-to-Debt Related Terms

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

Simac Techniek (XAMS:SIMAC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Simac Techniek (XAMS:SIMAC) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

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Address

Website

http://www.simac.com

Simac Techniek is an IT services company. It designs, implements & manages communication & IT infrastructure, Designs & delivers sector-specific applications & Supplies products, projects & services in the field of industrial electronics & automation.

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