Netgear (Netgear) Cash-to-Debt

: 6.82 (As of Dec. 2023)

View and export this data going back to 2003. Start your Free Trial

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. Netgear's cash to debt ratio for the quarter that ended in Dec. 2023 was 6.82.

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, Netgear could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

NTGR' s Cash-to-Debt Range Over the Past 10 Years
Min: 5.04 Med: 5005.1 Max: No Debt
Current: 6.82

During the past 13 years, Netgear's highest Cash to Debt Ratio was No Debt. The lowest was 5.04. And the median was 5005.10.

NTGR's Cash-to-Debt is ranked better than
74.1% of 2471 companies
in the Hardware industry
Industry Median: 1.38 vs NTGR: 6.82

Netgear Cash-to-Debt Historical Data

The historical data trend for Netgear'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.

Netgear Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

5.63

10.19

9.77

5.04

6.82

Netgear Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															5.04	5.34	4.52	5.22	6.82

Competitive Comparison

For the Communication Equipment subindustry, Netgear'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.

Netgear Cash-to-Debt Distribution

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

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

Netgear 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.

Netgear's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 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)
	=	283.648	/	(11.869	+	29.698)
	=	6.82

Netgear's Cash to Debt Ratio for the quarter that ended in Dec. 2023 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)
	=	283.648	/	(11.869	+	29.698)
	=	6.82

Netgear (NAS:NTGR) 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.

Netgear Cash-to-Debt Related Terms

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

Netgear (Netgear) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Netgear Inc (NAS:NTGR) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

NGJ:Germany

Address

350 East Plumeria Drive, San Jose, CA, USA, 95134

Website

https://www.netgear.com

Netgear Inc is a provider of networking solutions. The reportable segments of the company are connected home, and Small and Medium Businesses (SMB). The Connected Home segment focuses on consumers and consists of high-performance, dependable, and easy-to-use 4G/5G mobile, Wi-Fi internet networking solutions and smart devices such as Orbi Voice smart speakers and Meural digital canvas; and SMB focused on small and medium-sized businesses and consists of business networking, storage, wireless LAN and security solutions that bring enterprise-class functionality to small and medium-sized businesses at an affordable price.

Executives

Andrew Wonki Kim	officer: SVP, Legal and Corp. Dev.	892 RUSSET DR., SUNNYVALE CA 94087
Martin Westhead	officer: CTO	350 E. PLUMERIA DR., SAN JOSE CA 95134
Heidi Cormack	officer: SVP, Marketing	350 E. PLUMERIA DR., SAN JOSE CA 95134
Vikram Mehta	officer: SVP, CBU	350 E. PLUMERIA DR., SAN JOSE CA 95134
Michael A Werdann	officer: SVP of Worldwide Sales	4500 GREAT AMERICAN PARKWAY, C/O NETGEAR INC, SANTA CLARA CA 95054
Laura Durr	director	C/O XPERI HOLDING CORPORATION, 3025 ORCHARD PARKWAY, SAN JOSE CA 95134
Mark G Merrill	officer: Chief Technology Officer
Patrick Cs Lo	director, officer: Chairman and CEO
Shravan Goli	director	1040 AVENUE OF THE AMERICAS, NEW YORK NY 10016
David John Henry	officer: SVP, Home Networking	350 E. PLUMERIA DR., SAN JOSE CA 95134
Thomas H Waechter	director
Michael F Falcon	officer: SVP, Operations
Tamesa Rogers	officer: SVP, Human Resources	350 EAST PLUMERIA DR, SAN JOSE CA 95134
Murray Bryan	officer: CFO	350 E. PLUMERIA DR., SAN JOSE CA 95134
Gregory J Rossman	director	500 NYALA FARM RD, WESTPORT CT 06880