TTM Technologies (TTM Technologies) Cash-to-Debt : 0.44 (As of Dec. 2023)

View and export this data going back to 2000. Start your Free Trial

What is TTM Technologies 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. TTM Technologies's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.44.

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, TTM Technologies couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

TTMI' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.17 Med: 0.42 Max: 0.56
Current: 0.44

During the past 13 years, TTM Technologies's highest Cash to Debt Ratio was 0.56. The lowest was 0.17. And the median was 0.42.

TTMI's Cash-to-Debt is ranked worse than
76.03% of 2470 companies
in the Hardware industry
Industry Median: 1.38 vs TTMI: 0.44

TTM Technologies Cash-to-Debt Historical Data

The historical data trend for TTM Technologies'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.

TTM Technologies Cash-to-Debt Chart

TTM Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.26

0.52

0.56

0.42

0.44

TTM Technologies 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															0.42	0.46	0.45	0.42	0.44

Competitive Comparison of TTM Technologies's Cash-to-Debt

For the Electronic Components subindustry, TTM Technologies'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.

TTM Technologies's Cash-to-Debt Distribution in the Hardware Industry

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

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

TTM Technologies 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.

TTM Technologies'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)
	=	450.208	/	(11.933	+	1007.921)
	=	0.44

TTM Technologies'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)
	=	450.208	/	(11.933	+	1007.921)
	=	0.44

TTM Technologies (NAS:TTMI) 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.

TTM Technologies Cash-to-Debt Related Terms

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

TTM Technologies (TTM Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » TTM Technologies Inc (NAS:TTMI) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

TT1:Germany

Address

200 East Sandpointe, Suite 400, Santa Ana, CA, USA, 92707

Website

https://www.ttm.com

TTM Technologies Inc manufactures printed circuit boards. The company is based in the United States and derives roughly half of its revenue domestically. The company organizes itself into two segments: printed circuit boards and RF&S Components. The printed circuit boards segment, which contributes the majority of revenue, offers a range of printed circuit boards as well as layout design and simulation, and testing services. TTM Technologies' products are used in manufacturing, networking, telecommunications, computing, aerospace, and medical fields.

Executives

Robert P. Farrell	officer: President C&C	200 EAST SANDPOINTE, SUITE 400, SANTA ANA CA 92707
Shawn A. Powers	officer: EVP, Human Resources	1665 SCENIC AVENUE SUITE 250, COSTA MESA CA 92626
Daniel L. Boehle	officer: EVP of Finance	C/O AEROJET ROCKETDYNE HOLDINGS, INC., 222 N. SEPULVEDA BOULEVARD, SUITE 500, EL SEGUNDO CA 90245
Dale Martin Knecht	officer: SVP Information Technology	200 EAST SANDPOINTE, SUITE 400, SANTA ANA CA 92707
Daniel J Weber	officer: See Remarks	1665 SCENIC AVENUE, SUITE 250, COSTA MESA CA 92626
Catherine A Gridley	officer: SVP & President of A&D BU	200 EAST SANDPOINTE, SUITE 400, SANTA ANA CA 92707
Tony Sanchez	officer: Vice President & Controller	1665 SCENIC AVENUE, SUITE 250, COSTA MESA CA 92626
Tom Clapprood	officer: President A&D Radar Systems	200 EAST SANDPOINTE, SUITE 400, SANTA ANA CA 92707
Todd B Schull	officer: Executive Vice President	1665 SCENIC AVENUE, SUITE 250, COSTA MESA CA 92626
Philip Titterton	officer: See Remarks	1665 SCENIC AVENUE, SUITE 250, COSTA MESA CA 92626
Tai Keung Chung	officer: See Remarks	NO. 4 DAI SHUN STREET, TAI PO INDUSTRIAL ESTATE, TAI PO, NT,, HONG KONG K3 00000
Pamela B. Jackson	director	200 EAST SANDPOINTE, SUITE 400, SANTA ANA CA 92707
William Kent Hardwick	officer: SVP Global Sales and EMS	5 KENTWOOD COURT, SCOTTS VALLEY CA 95066
Douglas L Soder	officer: Executive Vice President	1665 SCENIC AVENUE, SUITE 250, COSTA MESA CA 92626
Jeff Jankowsky	officer: President, C&C BU	1665 SCENIC AVENUE, SUITE 250, COSTA MESA CA 92626