Advanced Digital Broadcast Holding (XSWX:ADBN) Cash-to-Debt : 2.81 (As of Jun. 2014)

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What is Advanced Digital Broadcast Holding 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. Advanced Digital Broadcast Holding's cash to debt ratio for the quarter that ended in Jun. 2014 was 2.81.

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, Advanced Digital Broadcast Holding could pay off its debt using the cash in hand for the quarter that ended in Jun. 2014.

The historical rank and industry rank for Advanced Digital Broadcast Holding's Cash-to-Debt or its related term are showing as below:

XSWX:ADBN's Cash-to-Debt is not ranked ^*
in the Hardware industry.
Industry Median: 1.32
* Ranked among companies with meaningful Cash-to-Debt only.

Advanced Digital Broadcast Holding Cash-to-Debt Historical Data

The historical data trend for Advanced Digital Broadcast Holding'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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Advanced Digital Broadcast Holding Cash-to-Debt Chart

Advanced Digital Broadcast Holding Annual Data

Trend

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Cash-to-Debt

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3.23

1.47

2.04

2.13

2.83

Advanced Digital Broadcast Holding Semi-Annual Data
	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14
Cash-to-Debt	Get a 7-Day Free Trial					1.67	2.13	2.54	2.83	2.81

Competitive Comparison of Advanced Digital Broadcast Holding's Cash-to-Debt

For the Communication Equipment subindustry, Advanced Digital Broadcast Holding'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.

Advanced Digital Broadcast Holding's Cash-to-Debt Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Advanced Digital Broadcast Holding's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Advanced Digital Broadcast Holding's Cash-to-Debt falls into.

Advanced Digital Broadcast Holding 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.

Advanced Digital Broadcast Holding's Cash to Debt Ratio for the fiscal year that ended in Dec. 2013 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)
	=	43.415	/	(8.208	+	7.151)
	=	2.83

Advanced Digital Broadcast Holding's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	45.739	/	(14.399	+	1.893)
	=	2.81

Advanced Digital Broadcast Holding (XSWX:ADBN) 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.

Advanced Digital Broadcast Holding Cash-to-Debt Related Terms

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Advanced Digital Broadcast Holding (XSWX:ADBN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Advanced Digital Broadcast Holding SA (XSWX:ADBN) » Definitions » Cash-to-Debt

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Advanced Digital Broadcast Holding SA was incorporated on July 26, 2004 in the Canton of Geneva. The Company is engaged in the development and sale of equipment, services and software for the digital television and broadband data communication industry, and relies on third party contract manufacturers for the production of equipment. In 2005, the Company made an initial public offering. It develops and delivers diverse products to the worldwide digital television industry, supplying digital set-top boxes across all television transmission platforms such as cable, IPTV, satellite and terrestrial. Its customers include digital television operators, consumer electronics manufacturers and retail distributors of digital set-top boxes. The Company is in system integration, incorporating the industry's middleware, conditional access and hardware technologies and provide technically superior products, service and support, in as short time as possible.

Advanced Digital Broadcast Holding (XSWX:ADBN) Headlines

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