RIT Technologies (RIT Technologies) Cash-to-Debt : 0.59 (As of Sep. 2015)

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What is RIT 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. RIT Technologies's cash to debt ratio for the quarter that ended in Sep. 2015 was 0.59.

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, RIT Technologies couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2015.

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

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

RIT Technologies Cash-to-Debt Historical Data

The historical data trend for RIT 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.

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RIT Technologies Cash-to-Debt Chart

RIT Technologies Annual Data

Trend

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Cash-to-Debt

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5.37

5.46

0.69

2.60

1.60

RIT Technologies Quarterly Data
	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	1.60	0.83	0.41	0.59

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

For the Communication Equipment subindustry, RIT 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.

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

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

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

RIT 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.

RIT Technologies's Cash to Debt Ratio for the fiscal year that ended in Dec. 2014 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)
	=	1.604	/	(0	+	1)
	=	1.60

RIT Technologies's Cash to Debt Ratio for the quarter that ended in Sep. 2015 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)
	=	1.769	/	(0	+	3)
	=	0.59

RIT Technologies (OTCPK:RITT) 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.

RIT Technologies Cash-to-Debt Related Terms

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RIT Technologies (RIT Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » RIT Technologies Ltd (OTCPK:RITT) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

24 Raoul Wallenberg Street, Tel Aviv, ISR, 69719

Website

http://www.rittech.com

RIT Technologies Ltd provides Intelligent Infrastructure Management solutions and develops indoor optical wireless technology solutions. The company's products include PatchView that provides security and network utilization for data centers, communication rooms and work space environments; and Beamcaster that provides IWON technology solutions mainly for open-space offices. Its Intelligent Infrastructure Management solutions are deployed in various organizations including data centers in the private sector, government agencies, financial institutions, airport authorities, healthcare and education institutions.

Executives

Marxe Austin W & Greenhouse David M

10 percent owner

C/O SPECIAL SITUATIONS FUNDS, 527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022

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