Sigmatron International (Sigmatron International) Cash-to-Debt : 0.04 (As of Jan. 2024)

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What is Sigmatron International 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. Sigmatron International's cash to debt ratio for the quarter that ended in Jan. 2024 was 0.04.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Sigmatron International couldn't pay off its debt using the cash in hand for the quarter that ended in Jan. 2024.

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

SGMA' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.06 Max: 0.18
Current: 0.04

During the past 13 years, Sigmatron International's highest Cash to Debt Ratio was 0.18. The lowest was 0.01. And the median was 0.06.

SGMA's Cash-to-Debt is ranked worse than
97.89% of 2470 companies
in the Hardware industry
Industry Median: 1.38 vs SGMA: 0.04

Sigmatron International Cash-to-Debt Historical Data

The historical data trend for Sigmatron International'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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Sigmatron International Cash-to-Debt Chart

Sigmatron International Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Cash-to-Debt

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0.02

0.13

0.06

0.03

0.01

Sigmatron International Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Cash-to-Debt	Get a 7-Day Free Trial															0.01	0.01	0.02	0.04	0.04

Competitive Comparison of Sigmatron International's Cash-to-Debt

For the Electronic Components subindustry, Sigmatron International'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.

Sigmatron International's Cash-to-Debt Distribution in the Hardware Industry

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

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

Sigmatron International 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.

Sigmatron International's Cash to Debt Ratio for the fiscal year that ended in Apr. 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)
	=	0.819	/	(57.193	+	47.859)
	=	0.01

Sigmatron International's Cash to Debt Ratio for the quarter that ended in Jan. 2024 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)
	=	3.717	/	(8.152	+	88.498)
	=	0.04

Sigmatron International (NAS:SGMA) 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.

Sigmatron International Cash-to-Debt Related Terms

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

Sigmatron International (Sigmatron International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Sigmatron International Inc (NAS:SGMA) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

SG3:Germany

Address

2201 Landmeier Road, Elk Grove Village, IL, USA, 60007

Website

https://www.sigmatronintl.com

Sigmatron International Inc is an independent provider of electronic manufacturing services (EMS). It provides printed circuit board assemblies and completely assembled electronic products. In addition, it also provides automatic and manual assembly and testing of products; material sourcing and procurement; manufacturing and test engineering support; warehousing and distribution services. The company primarily serves the industrial electronics, consumer electronics, and medical sciences industries. It has two reportable segments as an independent provider of electronic manufacturing services ("EMS") and as a provider of products to pet technology ("Pet Tech"). Geographically, it derives a majority of its revenue from Mexico and also has a presence in China and Vietnam.

Executives

John P Sheehan	officer: V.P. Director of Materials
Linda K Frauendorfer	director, officer: Chief Financial Officer	2201 LANDMEIER ROAD, ELK GROVE VILLAGE IL 60007
James E. Barnes	officer: Executive V.P. of Operations	C/O SIGMATRON INTERNATIONAL, INC., 2201 LANDMEIER ROAD, ELK GROVE VILLAGE IL 60007
James J Reiman	officer: CHIEF FINANCIAL OFFICER	C/O SIGMATRON INTERNATIONAL INC., 2201 LANDMEIER RD, ELK GROVE VILLAGE IL 60007
Raj B Upadhyaya	officer: Executive Vice President	SIGMATRON INTERNATIONAL, INC., 2201 LANDMEIER ROAD, ELK GROVE VILLAGE IL 60007
Gregory A Fairhead	officer: Executive V.P. Operations
Gary R Fairhead	director, officer: Director, President & CEO	110 S EVERGREEN #6DS, ARLINGTON HEIGHTS IL 60005
Thomas W Rieck	director	1401 BROOK DRIVE, DOWNERS GROVE IL 60515
Barry R Horek	director	2201 LANDMEIER ROAD, ELK GROVE VILLAGE IL 60007
Bruce J Mantia	director	2201 LANDMEIER ROAD, ELK GROVE VILLAGE IL 60007
Paul J Plante	director	C/O RICHARDSON ELECTRONICS, LTD., PO BOX 393, 40W267 KESLINGER RD., LAFOX IL 60147
Dilip S Vyas	director
Daniel P Camp	officer: V.P. Acuna Operations	2201 LANDMEIER ROAD, SIGMATRON INTERNATIONAL INC, ELK GROVE VILLAGE IL 60007
Hom-ming Chang	officer: V.P. China Operations	C/O SIGMATRON INTERNATIONAL, INC., 2201 LANDMEIER ROAD, ELK GROVE VILLAGE IL 60007
Tang Foundation For Reseach Of Traditional Chinese Medicine	10 percent owner	C/O SIGMATRON INTERNATIONA INC, 2201 LANDMEIER ROAD, ELK GROVE VILLAGE IL 60007