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TeradyneXSWX:TER 72 Cash-to-Debt is 3.54 as of Jun. 2026, which is 16% below its 10-year median of 4.19. GuruFocus rates XSWX:TER with a GF Score™ of 72/100 and a GF Value™ of CHF165.82. The stock has 5 warning signs investors should review. Among 1,027 Semiconductors companies, Teradyne ranks better than 62.32% on this metric.
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. Teradyne's cash to debt ratio for the quarter that ended in Jun. 2026 was 3.54.
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, Teradynecould pay off its debt using the cash in hand for the quarter that ended in Jun. 2026.
The historical rank and industry rank for Teradyne's Cash-to-Debt or its related term are showing as below:
XSWX:TER'
s Cash-to-Debt Range Over the Past 10 Years
Min: 1.14 Med: 4.19 Max: No Debt
Current: 3.54
During the past 13 years, Teradyne's highest Cash to Debt Ratio was No Debt. The lowest was 1.14. And the median was 4.19.
XSWX:TER's Cash-to-Debt is ranked better than 62.32% of 1027
companies
in the Semiconductors industry
Industry Median: 1.66
vs XSWX:TER: 3.54
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.
Teradyne Cash-to-Debt Related Terms
Teradyne Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for Teradyne'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.
XSWX:TER vs Q, ENTG, AMKR: Cash-to-Debt Comparison
For the Semiconductor Equipment & Materials subindustry, Teradyne'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.
Teradyne Cash-to-Debt vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Teradyne's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Teradyne's Cash-to-Debt falls into.
* 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.
Teradyne (XSWX:TER) has a Cash-to-Debt of 3.54 as of Jun. 2026. This is 16% below median its historical median of 4.19. Over the past decade, Teradyne's Cash-to-Debt has ranged from 1.14 to 10,000.00. According to the industry distribution chart, Teradyne ranks #387 out of 1027 companies in the Semiconductors industry, placing it in the top 37.7%.
Is Teradyne's Cash-to-Debt too high?
Teradyne's current Cash-to-Debt of 3.54 is 16% below median its 10-year median of 4.19. Over the past 10 years, this metric has ranged from a low of 1.14 to a high of 10,000.00. The Semiconductors industry median Cash-to-Debt is 1.66. Teradyne's value of 3.54 is 113.3% above this industry median. Based on the distribution chart, Teradyne ranks #387 out of 1027 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Teradyne has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does Teradyne's Cash-to-Debt compare to Q and ENTG?
According to the Semiconductors industry distribution chart, Teradyne ranks #387 out of 1027 companies for Cash-to-Debt. This puts Teradyne in the upper half of its industry. The industry median Cash-to-Debt is 1.66. Teradyne's value of 3.54 is 113.3% above this benchmark. Historically, Teradyne's own Cash-to-Debt has ranged from 1.14 to 10,000.00 over the past decade. While the company's 10-year median is 4.19 vs. the industry median of 1.66, Teradyne has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash-to-Debt for a Semiconductors company?
The median Cash-to-Debt among Semiconductors companies is 1.66, based on 1,027 companies in the industry. Companies in the top quartile (top 25%) have a Cash-to-Debt significantly above this median, while those in the bottom quartile fall well below. However, Cash-to-Debt should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Teradyne's current Cash-to-Debt of 3.54 is 113.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash-to-Debt mean?
A high Cash-to-Debt can signal that a stock is expensive relative to its fundamentals. For the Semiconductors industry, the median Cash-to-Debt is 1.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Teradyne's current Cash-to-Debt is 3.54, which is 16% below median its own 10-year median of 4.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Teradyne stock overvalued right now?
Teradyne (XSWX:TER) has a current Cash-to-Debt of 3.54. The stock's GF Value™ is CHF165.82, compared to a current price of CHF328.30 — trading 98% above its estimated fair value. The current Cash-to-Debt is 3.54, which is 16% below median its 10-year median of 4.19 and 113.3% above the Semiconductors industry median of 1.66. Teradyne's overall GF Score™ is 72/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash-to-Debt calculated?
Cash-to-Debt is calculated from a company's financial statements. For Teradyne (XSWX:TER), the current Cash-to-Debt is 3.54 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Teradyne (XSWX:TER) Overvalued in 2026?
Based on GuruFocus' analysis, Teradyne stock appears to be overvalued.
The current stock price of CHF328.30 is trading 98% above its estimated GF Value™ of CHF165.82.
Key valuation signals for XSWX:TER:
Cash-to-Debt: 3.54 (16% below median its 10-year median of 4.19)
GF Value™: CHF165.82 vs. price of CHF328.30 (98% above fair value)
Industry Position: 113.3% above the Semiconductors median (#387 of 1027)
No single metric tells the full story. See the XSWX:TER stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Teradyne provides testing equipment, including automated test equipment for semiconductors, system testing for hard disk drives, circuit boards, and electronics systems, and wireless testing for devices. The firm entered the industrial automation market in 2015 and sells collaborative and autonomous robots for factory applications. Teradyne serves numerous end markets and geographies, directly and indirectly, through its products, but its most significant exposure is to semiconductor testing. Teradyne serves vertically integrated, fabless, and foundry chipmakers with its equipment.
72GF Score
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