Adept Technology (Adept Technology) Cash-to-Debt : No Debt ⁽¹⁾ (As of Jun. 2015)

View and export this data going back to . Start your Free Trial

What is Adept Technology 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. Adept Technology's cash to debt ratio for the quarter that ended in Jun. 2015 was No Debt ⁽¹⁾.

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, Adept Technology could pay off its debt using the cash in hand for the quarter that ended in Jun. 2015.

(1) 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.

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

ADEP's Cash-to-Debt is not ranked ^*
in the Industrial Products industry.
Industry Median: 1.22
* Ranked among companies with meaningful Cash-to-Debt only.

Adept Technology Cash-to-Debt Historical Data

The historical data trend for Adept Technology'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.

* Premium members only.

Adept Technology Cash-to-Debt Chart

Adept Technology Annual Data

Trend

Jun06

Jun07

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

Jun14

Jun15

Cash-to-Debt

Get a 7-Day Free Trial

2.01

1.59

No Debt

Adept Technology Quarterly Data
	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	1.55	No Debt

Competitive Comparison of Adept Technology's Cash-to-Debt

For the Specialty Industrial Machinery subindustry, Adept Technology'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.

Adept Technology's Cash-to-Debt Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Adept Technology's Cash-to-Debt distribution charts can be found below:

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

Adept Technology 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.

Adept Technology's Cash to Debt Ratio for the fiscal year that ended in Jun. 2015 is calculated as:

Adept Technology had no debt ⁽¹⁾.

Adept Technology's Cash to Debt Ratio for the quarter that ended in Jun. 2015 is calculated as:

Adept Technology had no debt ⁽¹⁾.

Adept Technology (NAS:ADEP) 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.

Adept Technology Cash-to-Debt Related Terms

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

Adept Technology (Adept Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Adept Technology Inc (NAS:ADEP) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.adept.com

Adept Technology Inc was incorporated in California in 1983 and reincorporated in Delaware in 2005. The Company is a robotics-based automation supplier. Through integrated offerings of both industrial and mobile robots helps customers improve the speed, quality and efficiency of their production environments. It design and manufacture industrial (fixed) and mobile robots along with a complementary suite of control and vision systems and software which are used for assembly, packaging, handling, testing and logistics applications in both fixed repetitive and unstructured environments. It operates in two segments: Robotics and Services & Support. Its geographic areas include United States, Europe, Asia and among others. It classifies robots into two categories, fixed (industrial) robots (multi-axis) and mobile robots (autonomous vehicles). It manufactures both types of robots and offers many options such as vision and automation control software and related hardware, parts feeding and enterprise-level software. It competes with ABB, Epson, Fanuc, Kuka, Yaskawa, Denso, Motoman, Staubli, Amazon (Kiva), Aethon, MetraLabs Seegrid, Savant and Neobotix. The Company has approximately 31 patents issued and current on various innovations in the field of robotics, motion control, and machine vision technology.

Executives

Awm Investment Company, Inc.	10 percent owner	527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022
Michael P Kelly	director
Hale Martin M Jr	director, 10 percent owner
Marxe Austin W & Greenhouse David M	10 percent owner	C/O SPECIAL SITUATIONS FUNDS, 527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022
A Richard Juelis	director	349 OYSTER POINT BLVD, STE 200, S SAN FRANCISCO CA 94080
Lisa M Cummins	officer: Sr. VP Finance & CFO	3011 TRIAD DRIVE, LIVERMORE CA 94551
Leroy C Kopp	other: No longer subject to Sec. 16	8400 NORMANDALE LAKE BOULEVARD, SUITE 1450, BLOOMINGTON MN 55437
Robert J Majteles	director
Gruber & Mcbaine Capital Management Llc	other: See Footnote remarks.	234 VAN NESS, STE 5, SAN FRANCISCO CA 94133
Charles H Finnie	director	TWO EMBARCADERO CENTER, SUITE 2200, SAN FRANCISCO CA 94111
Crosslink Capital Inc	10 percent owner, other: Affilate of Director	2180 SAND HILL ROAD, SUITE 200, MENLO PARK CA 94025
Steven L Moore	officer: VP Finance & CFO
Codd Ronald E F	director	C/O INTERWOVEN INC, 803 11TH AVE, SUNNYVALE CA 94089
Viavi Solutions Inc.	10 percent owner	1445 SOUTH SPECTRUM BLVD., SUITE 102, CHANDLER AZ 85286