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Cypress Semiconductor (Cypress Semiconductor) Debt-to-EBITDA : 1.75 (As of Dec. 2019)


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What is Cypress Semiconductor Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

Cypress Semiconductor's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2019 was $27 Mil. Cypress Semiconductor's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2019 was $744 Mil. Cypress Semiconductor's annualized EBITDA for the quarter that ended in Dec. 2019 was $441 Mil. Cypress Semiconductor's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2019 was 1.75.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Cypress Semiconductor's Debt-to-EBITDA or its related term are showing as below:

CY's Debt-to-EBITDA is not ranked *
in the Semiconductors industry.
Industry Median: 1.595
* Ranked among companies with meaningful Debt-to-EBITDA only.

Cypress Semiconductor Debt-to-EBITDA Historical Data

The historical data trend for Cypress Semiconductor's Debt-to-EBITDA 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.

* Premium members only.

Cypress Semiconductor Debt-to-EBITDA Chart

Cypress Semiconductor Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -8.05 -3.58 2.83 1.98 1.83

Cypress Semiconductor Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.35 2.11 2.68 1.82 1.75

Competitive Comparison of Cypress Semiconductor's Debt-to-EBITDA

For the Semiconductors subindustry, Cypress Semiconductor's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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.


Cypress Semiconductor's Debt-to-EBITDA Distribution in the Semiconductors Industry

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

* The bar in red indicates where Cypress Semiconductor's Debt-to-EBITDA falls into.



Cypress Semiconductor Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Cypress Semiconductor's Debt-to-EBITDA for the fiscal year that ended in Dec. 2019 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(27.307 + 743.72) / 422.087
=1.83

Cypress Semiconductor's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2019 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(27.307 + 743.72) / 441.28
=1.75

* 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.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Dec. 2019) EBITDA data.


Cypress Semiconductor  (NAS:CY) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Cypress Semiconductor Debt-to-EBITDA Related Terms

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


Cypress Semiconductor (Cypress Semiconductor) Business Description

Traded in Other Exchanges
N/A
Address
198 Champion Court, San Jose, CA, USA, 95134
Cypress Semiconductor is a provider of advanced embedded systems used in a variety of markets, including industrial, consumer, data communications, and automotive.
Executives
Camillo Martino director 60 SOUTH MARKET STREET, STE 750, SAN JOSE CA 95113
Catherine P Lego director C/O GUIDEWIRE SOFTWARE, INC., 970 PARK PL, SUITE 200, SAN MATEO CA 94403
Michael S Wishart director SPANSION INC., 915 DEGUIGNE DRIVE, SUNNYVALE CA 94085-3836
W Steve Albrecht director 3901 NO FIRST ST, SAN JOSE CA 95134
Jeannine P Sargent director C/O VEECO INSTRUMENTS INC., 100 SUNNYSIDE BOULEVARD SUITE B, WOODBURY NY 11797
Pamela L. Tondreau officer: EVP, Chief Legal Officer & HR 198 CHAMPION COURT, SAN JOSE CA 95134
Jeffrey J Owens director 5725 DELPHI DRIVE, TROY MI 48098
J Daniel Mccranie director C/O ENOVIX CORPORATION, 3501 W. WARREN AVENUE, FREMONT CA 94538
Eric Benhamou director 350 CAMPUS DRIVE, MARLBOROUGH MA 01752
H Raymond Bingham director, officer: Executive Chairman 2655 SEELY AVE, SAN JOSE CA 95134
Thurman J Rodgers director 535 EASTVIEW WAY, WOODSIDE CA 94062
John H Kispert director
Mao Robert Yu Lang director 2218 JACKSON AVENUE, APT 718, LONG ISLAND NY 11101
J Donald Sherman director C/O CITRIX SYSTEMS, INC., 851 WEST CYPRESS CREEK ROAD, FORT LAUDERDALE FL 33309
Badrinarayanan Kothandaraman officer: Executive Vice President ENPHASE ENERGY INC., 1420 NORTH MCDOWELL BLVD, PETALUMA CA 94954