Orbotech (Orbotech) Cash-to-Debt : 7.08 (As of Sep. 2018)

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What is Orbotech 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. Orbotech's cash to debt ratio for the quarter that ended in Sep. 2018 was 7.08.

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, Orbotech could pay off its debt using the cash in hand for the quarter that ended in Sep. 2018.

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

ORBK's Cash-to-Debt is not ranked ^*
in the Hardware industry.
Industry Median: 1.38
* Ranked among companies with meaningful Cash-to-Debt only.

Orbotech Cash-to-Debt Historical Data

The historical data trend for Orbotech'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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Orbotech Cash-to-Debt Chart

Orbotech Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Cash-to-Debt

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No Debt

0.49

0.72

2.46

4.41

Orbotech Quarterly Data
	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18
Cash-to-Debt	Get a 7-Day Free Trial															3.30	4.41	4.05	6.24	7.08

Competitive Comparison of Orbotech's Cash-to-Debt

For the Scientific & Technical Instruments subindustry, Orbotech'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.

Orbotech's Cash-to-Debt Distribution in the Hardware Industry

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

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

Orbotech 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.

Orbotech's Cash to Debt Ratio for the fiscal year 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)
	=	319.918	/	(16.364	+	56.117)
	=	4.41

Orbotech's Cash to Debt Ratio for the quarter that ended in Sep. 2018 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)
	=	399.555	/	(16.364	+	40.1)
	=	7.08

Orbotech (NAS:ORBK) 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.

Orbotech Cash-to-Debt Related Terms

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Orbotech (Orbotech) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Orbotech Ltd (NAS:ORBK) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

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Address

Website

http://www.orbotech.com

Orbotech Ltd is an Israel-based manufacturer of scientific instruments, although China is its biggest market. It manufactures products which can be used to test other products in development in terms of efficiency. Orbotech functions within three operating segments Production Solutions for the Electronics Industry, Solar Energy and Recognition Software. The company secures a major share of its revenue from the sale of products to suit the needs of the electronics industry. It develops capital equipment for inspection and deposition for manufacturers of printed circuit boards and semiconductors devices. The Solar Energy segment manufactures photovoltaic energy systems and the recognition software segment develops check processing and healthcare payments automation solutions to banks.