Key Technology (Key Technology) Cash-to-Debt : 1.20 (As of Dec. 2017)

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What is Key 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. Key Technology's cash to debt ratio for the quarter that ended in Dec. 2017 was 1.20.

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, Key Technology could pay off its debt using the cash in hand for the quarter that ended in Dec. 2017.

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

KTEC'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.

Key Technology Cash-to-Debt Historical Data

The historical data trend for Key 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.

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Key Technology Cash-to-Debt Chart

Key Technology Annual Data

Trend

Sep08

Sep09

Sep10

Sep11

Sep12

Sep13

Sep14

Sep15

Sep16

Sep17

Cash-to-Debt

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2.72

1.76

1.32

2.04

2.05

Key Technology Quarterly Data
	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17
Cash-to-Debt	Get a 7-Day Free Trial															1.45	1.77	2.19	2.05	1.20

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

For the Specialty Industrial Machinery subindustry, Key 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.

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

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

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

Key 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.

Key Technology's Cash to Debt Ratio for the fiscal year that ended in Sep. 2017 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)
	=	9.337	/	(4.566	+	0)
	=	2.04

Key Technology's Cash to Debt Ratio for the quarter that ended in Dec. 2017 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)
	=	5.344	/	(4.446	+	0)
	=	1.20

Key Technology (NAS:KTEC) 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.

Key Technology Cash-to-Debt Related Terms

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Key Technology (Key Technology) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.key.net

Key Technology Inc operates in the food processing and agricultural products industry. The company and its operating subsidiaries design, manufacture, sell and service automation equipment. The company is a supplier of process automation solutions to the food processing industry and other industries such as tobacco, pharmaceuticals, and nutraceuticals. It also provides parts and services for each of its product lines to customers.

Executives

Donald A Washburn	director	222 SW HARRISON STREET, APT 23C, PORTLAND OR 97201
Robert M Averick	director, 10 percent owner	KOKINO LLC, 201 TRESSER BOULEVARD, 3RD FLOOR, STAMFORD CT 06901
Leslie J Schreyer	10 percent owner	C/O NORTON ROSE FULBRIGHT US LLP, 1301 AVENUE OF THE AMERICAS, NEW YORK NY 10019
Piton Capital Partners Llc	10 percent owner	C/O NORTH BAY ASSOCIATES, 14000 QUAIL SPRINGS PARKWAY, SUITE 2200, OKLAHOMA CITY OK 73134
M3c Holdings Llc	10 percent owner	C/O NORTH BAY ASSOCIATES, 14000 QUAIL SPRINGS PARKWAY, OKLAHOMA CITY OK 73134
Jeffrey T Siegal	officer: Senior Vice President & CFO	1195 NW LOMPTON DRIVE, BEAVESTON OR 97006
Perlus Microcap Fund L.p.	10 percent owner	CRICKET SQUARE, HUTCHINS DRIVE, P.O. BOX 268, GRAND CAYMAN E9 KY1-1111
Joel Bustos	officer: SVP of Global Operations	400 KATO TERRACE, FREMONT CA 94539
Van Oppen Peter H	director	P O BOX 97057, REDMOND WA 98073-9757