SiTime (SiTime) Cash-to-Debt : 65.83 (As of Dec. 2023)

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What is SiTime 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. SiTime's cash to debt ratio for the quarter that ended in Dec. 2023 was 65.83.

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, SiTime 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 SiTime's Cash-to-Debt or its related term are showing as below:

SITM' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.17 Med: 8.91 Max: 72.34
Current: 65.83

During the past 7 years, SiTime's highest Cash to Debt Ratio was 72.34. The lowest was 0.17. And the median was 8.91.

SITM's Cash-to-Debt is ranked better than
87.85% of 996 companies
in the Semiconductors industry
Industry Median: 1.81 vs SITM: 65.83

SiTime Cash-to-Debt Historical Data

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

SiTime Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

1.25

8.91

72.34

53.05

65.83

SiTime 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															53.05	57.35	61.48	65.78	65.83

Competitive Comparison of SiTime's Cash-to-Debt

For the Semiconductors subindustry, SiTime'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.

SiTime's Cash-to-Debt Distribution in the Semiconductors Industry

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

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

SiTime 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.

SiTime'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)
	=	528.201	/	(2.601	+	5.423)
	=	65.83

SiTime'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)
	=	528.201	/	(2.601	+	5.423)
	=	65.83

SiTime (NAS:SITM) 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.

SiTime Cash-to-Debt Related Terms

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

SiTime (SiTime) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » SiTime Corp (NAS:SITM) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

5451 Patrick Henry Drive, Santa Clara, CA, USA, 95054

Website

https://www.sitime.com

SiTime Corp is a USA-based provider of silicon timing systems solutions. The company designs develops and sell silicon timing systems solutions for different industries including automotive, infrastructure, aerospace-defense, consumer, internet of things, consumer and industrials. Its product offerings include Stratum 3E DCOCXOs, Programmable OCXOs, MHz Oscillators, 32.768 kHz Oscillators, Embedded Resonators, Precision MHz Super-TCXOs, and Ruggedized Oscillators. It sells its products around Taiwan, Hong Kong, the United States, and other regions and generates the majority of its revenue from Taiwan.

Executives

Fariborz Assaderaghi	officer: See Remarks	C/O SITIME CORPORATION, 5451 PATRICK HENRY DR., SANTA CLARA CA 95054
Rajesh Vashist	director, officer: Chief Executive Officer	C/O SITIME CORPORATION, 5451 PATRICK HENRY DR., SANTA CLARA CA 95054
Vincent P Pangrazio	officer: EVP & Chief Legal Officer	C/O CAVIUM NETWORKS, INC., 805 EAST MIDDLEFIELD ROAD, MOUNTAIN VIEW CA 94043
Piyush B Sevalia	officer: See Remarks	C/O SITIME CORPORATION, 5451 PATRICK HENRY DRIVE, SANTA CLARA CA 95054
Lionel Bonnot	officer: See Remarks	3450 W. WARREN AVENUE, FREMONT CA 94538
Arthur D Chadwick	officer: See Remarks	280 N BERNARDO AVE, MOUNTAIN VIEW CA 94043
Katherine Schuelke	director	47488 KATO ROAD, FREMONT CA 94538
Torsten Kreindl	director	C/O SITIME CORPORATION, 5451 PATRICK HENRY DRIVE, SANTA CLARA CA 95054
Raman Chitkara	director	2100 LOGIC DRIVE, SAN JOSE CA 95124
Edward H. Frank	director	C/O FUSION-IO, INC., 2855 E. COTTONWOOD PARKWAY, SUITE 100, SALT LAKE CITY UT 84121
Tom Dang-hsing Yiu	director	C/O SITIME CORPORATION, 5451 PATRICK HENRY DRIVE, SANTA CLARA CA 95054
Akira Takata	director	C/O SITIME CORPORATION, 5451 PATRICK HENRY DRIVE, SANTA CLARA CA 95054
Christine Heckart	director	C/O LAM RESEARCH CORPORATION, 4650 CUSHING PARKWAY, FREMONT CA 94538
Megachips Corp /fi	10 percent owner	1-1-1 MIYAHARA, YODOGAWA-KU, OSAKA M0 532-0003