Powerchip Semiconductor Manufacturing (TPE:6770) Cash-to-Debt : 0.76 (As of Dec. 2023)

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What is Powerchip Semiconductor Manufacturing 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. Powerchip Semiconductor Manufacturing's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.76.

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

TPE:6770' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.19 Med: 0.76 Max: 2.16
Current: 0.76

During the past 7 years, Powerchip Semiconductor Manufacturing's highest Cash to Debt Ratio was 2.16. The lowest was 0.19. And the median was 0.76.

TPE:6770's Cash-to-Debt is ranked worse than
67.57% of 996 companies
in the Semiconductors industry
Industry Median: 1.81 vs TPE:6770: 0.76

Powerchip Semiconductor Manufacturing Cash-to-Debt Historical Data

The historical data trend for Powerchip Semiconductor Manufacturing'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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Powerchip Semiconductor Manufacturing Cash-to-Debt Chart

Powerchip Semiconductor Manufacturing Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.19

0.23

1.46

2.16

0.76

Powerchip Semiconductor Manufacturing Quarterly Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial														2.16	1.56	1.11	0.88	0.76

Competitive Comparison of Powerchip Semiconductor Manufacturing's Cash-to-Debt

For the Semiconductors subindustry, Powerchip Semiconductor Manufacturing'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.

Powerchip Semiconductor Manufacturing's Cash-to-Debt Distribution in the Semiconductors Industry

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

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

Powerchip Semiconductor Manufacturing 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.

Powerchip Semiconductor Manufacturing'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)
	=	42402.884	/	(7343.933	+	48513.664)
	=	0.76

Powerchip Semiconductor Manufacturing'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)
	=	42402.884	/	(7343.933	+	48513.664)
	=	0.76

Powerchip Semiconductor Manufacturing (TPE:6770) 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.

Powerchip Semiconductor Manufacturing Cash-to-Debt Related Terms

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Powerchip Semiconductor Manufacturing (TPE:6770) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Powerchip Semiconductor Manufacturing Corp (TPE:6770) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 18, Li-Hsin Road 1, Hsinchu Science Park, Hsinchu, TWN, 300

Website

https://www.powerchip.com

Powerchip Semiconductor Manufacturing Corp is engaged in the business of manufacturing and distributing memory components. The company produces power integrated circuits, discrete components, memory chips, image sensors, and other related products. Geographically, the majority is from Taiwan.

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