Westell Technologies (Westell Technologies) Cash-to-Debt

: 14.62 (As of Sep. 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. Westell Technologies's cash to debt ratio for the quarter that ended in Sep. 2023 was 14.62.

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, Westell Technologies could pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

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

WSTL' s Cash-to-Debt Range Over the Past 10 Years
Min: 4.24 Med: No Debt Max: No Debt
Current: 14.62

During the past 13 years, Westell Technologies's highest Cash to Debt Ratio was No Debt. The lowest was 4.24. And the median was No Debt.

WSTL's Cash-to-Debt is ranked better than
81.13% of 2469 companies
in the Hardware industry
Industry Median: 1.38 vs WSTL: 14.62

Westell Technologies Cash-to-Debt Historical Data

The historical data trend for Westell 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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Westell Technologies Annual Data

Trend

Mar12

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Cash-to-Debt

No Debt

35.43

4.24

Westell Technologies Semi-Annual Data
	Sep12	Mar13	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep22	Sep23
Cash-to-Debt																35.43	5.19	4.24	N/A	14.62

Competitive Comparison

For the Communication Equipment subindustry, Westell 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.

Westell Technologies Cash-to-Debt Distribution

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

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

Westell 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.

Westell Technologies's Cash to Debt Ratio for the fiscal year that ended in Mar. 2021 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)
	=	16.884	/	(0.45	+	3.533)
	=	4.24

Westell Technologies's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	16.066	/	(0.54	+	0.559)
	=	14.62

Westell Technologies (OTCPK:WSTL) 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.

Westell Technologies Cash-to-Debt Related Terms

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Westell Technologies (Westell Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Westell Technologies Inc (OTCPK:WSTL) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

750 North Commons Drive, Aurora, IL, USA, 60504

Website

https://www.westell.com

Westell Technologies Inc is a provider of wireless network infrastructure solutions. It is organized into the following operating segments, In-Building Wireless (IBW), Intelligent Site Management (ISM), and Communications Network Solutions (CNS). IBW segment solutions enable cellular and public safety coverage in stadiums, arenas, malls, buildings, and other indoor areas not served well or at all by the existing macro outdoor cellular network. ISM segment solutions include a suite of remote units, which provide machine-to-machine communications that enable operators to remotely monitor, manage, and control physical site infrastructure and support systems. The majority of revenue is derived from the CNS segment Geographically, it derives a majority of revenue from the USA.

Executives

Cary B Wood	director	425 NORTH MARTINGALE ROAD, SUITE 1000, SCHAUMBURG IL 60173
Mark A Zorko	director	9265 FAWN LAKE DR, RALEIGH NC 27617
Penny Robert C Iii	director, 10 percent owner	750 NORTH COMMONS DRIVE AURORA IL 60504
Scott C Chandler	director	9635 MAROON CIRCLE SUITE 400 ENGLEWOOD CO 80112
Robert W Foskett	director, 10 percent owner	750 NORTH COMMONS DRIVE AURORA IL 60504
Kirk R Brannock	director	750 NORTH COMMONS DRIVE AURORA IL 60504
Timothy L Duitsman	director, officer: President & CEO	750 N COMMONS DR AURORA IL 60504
Jeniffer L Jaynes	officer: Interim CFO	750 N COMMONS DRIVE AURORA IL 60504
Jesse Swartwood	officer: SVP, Worldwide Sales	750 N. COMMONS DRIVE AURORA IL 60504
Alfred S John	officer: President & CEO	750 N COMMONS DRIVE AURORA IL 60504
Thomas P. Minichiello	officer: SVP,CFO,Treasurer,Secretary	750 N. COMMONS DRIVE, AURORA IL 60504
Dennis O Harris	director	750 NORTH COMMONS DRIVE AURORA IL 60504
Matthew B Brady	officer: President & CEO	750 N COMMONS DR, AURORA IL 60504
Michael T Moran	officer: SVP, IBW	750 N COMMONS DRIVE AURORA IL 60504
Jeannie Diefenderfer	director	C/O MRV COMMUNICATIONS, INC., 20415 NORDHOFF STREET, CHATSWORTH CA 91311