Ubiquiti (Ubiquiti) Cash-to-Debt

: 0.09 (As of Dec. 2023)

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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. Ubiquiti's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.09.

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

UI' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.09 Med: 0.82 Max: 5.41
Current: 0.09

During the past 13 years, Ubiquiti's highest Cash to Debt Ratio was 5.41. The lowest was 0.09. And the median was 0.82.

UI's Cash-to-Debt is ranked worse than
94.73% of 2469 companies
in the Hardware industry
Industry Median: 1.38 vs UI: 0.09

Ubiquiti Cash-to-Debt Historical Data

The historical data trend for Ubiquiti'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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Ubiquiti Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

0.62

0.21

0.47

0.16

0.10

Ubiquiti 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																0.17	0.13	0.10	0.10	0.09

Competitive Comparison

For the Communication Equipment subindustry, Ubiquiti'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.

Ubiquiti Cash-to-Debt Distribution

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

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

Ubiquiti 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.

Ubiquiti's Cash to Debt Ratio for the fiscal year that ended in Jun. 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)
	=	114.935	/	(50.841	+	1087.433)
	=	0.10

Ubiquiti'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)
	=	97.662	/	(50.925	+	997.789)
	=	0.09

Ubiquiti (NYSE:UI) 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.

Ubiquiti Cash-to-Debt Related Terms

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Ubiquiti (Ubiquiti) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Ubiquiti Inc (NYSE:UI) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

685 Third Avenue, 27th Floor, New York, NY, USA, 10017

Website

https://www.ui.com

Ubiquiti Inc is a wireless and wireline network equipment provider for small Internet service providers and small- and midsize-business integrators. Its product is based on two primary categories namely Service Provider Technology and Enterprise Technology. The company generates maximum revenue from Enterprise Technology. Geographically, it derives a majority of revenue from North America and also has a presence in Europe, the Middle East and Africa; Asia Pacific and South America.

Executives

Ronald Sege	director	350 CAMPUS DRIVE, MARLBOROUGH MA 01752
Brandon Arrindell	director	UBIQUITI INC., 685 THIRD AVENUE, 27TH FLOOR, NEW YORK NY 10017
Benjamin Moore	officer: VP Business Development	91 E. TASMAN DRIVE, SAN JOSE CA 95134
Robert J Pera	director, 10 percent owner, officer: Chief Executive Officer	2580 ORCHARD PARKWAY, SAN JOSE CA 95131
Rafael Torres	director	4359 RED MAPLE CT, SAN JOSE CA 95138
Michael E. Hurlston	director	5300 CALIFORNIA AVENUE, IRVINE CA 92617
Kevin Radigan	officer: Chief Accounting Officer	685 THIRD AVE, 27TH FLOOR, NEW YORK NY 10017
Mark Spragg	officer: Interim CAO	2580 ORCHARD PARKWAY, SAN JOSE CA 95131
John Sanford	officer: Chief Technology Officer	91 E. TASMAN DRIVE, SAN JOSE CA 95134
Steven R Altman	director
Peter Y Chung	director	C/O SUMMIT PARTNERS, 222 BERKELEY STREET, 18TH FLR, BOSTON MA 02116
Summit Partners Private Equity Fund Vii-a, L.p.	10 percent owner	C/O SUMMIT PARTNERS, 222 BERKELEY STREET, 18TH FLOOR, BOSTON MA 02110
Fitzgerald Charles James Jr	director	SUMMIT PARTNERS, 222 BERKELEY STREET, 18TH FLOOR, BOSTON MA 02116
Summit Partners L P	other: Manager of GP of 10% owner.	222 BERKELEY STREET, 18TH FLOOR, BOSTON MA 02116
Jessica Zhou	officer: General Counsel & VP	UBIQUITI NETWORKS, INC., 91 E. TASMAN DRIVE, SAN JOSE CA 95134