Astera Labs (Astera Labs) Cash-to-Debt : 343.50 (As of Mar. 2024)

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What is Astera Labs 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. Astera Labs's cash to debt ratio for the quarter that ended in Mar. 2024 was 343.50.

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, Astera Labs could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

ALAB' s Cash-to-Debt Range Over the Past 10 Years
Min: 69.26 Med: 102.16 Max: 343.5
Current: 343.5

During the past 2 years, Astera Labs's highest Cash to Debt Ratio was 343.50. The lowest was 69.26. And the median was 102.16.

ALAB's Cash-to-Debt is ranked better than
94.46% of 993 companies
in the Semiconductors industry
Industry Median: 1.79 vs ALAB: 343.50

Astera Labs Cash-to-Debt Historical Data

The historical data trend for Astera Labs'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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Astera Labs Cash-to-Debt Chart

Astera Labs Annual Data

Trend

Dec22

Dec23

Cash-to-Debt

102.16

69.26

Astera Labs Quarterly Data
	Dec22	Mar23	Dec23	Mar24
Cash-to-Debt	102.16	N/A	69.26	343.50

Competitive Comparison of Astera Labs's Cash-to-Debt

For the Semiconductors subindustry, Astera Labs'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.

Astera Labs's Cash-to-Debt Distribution in the Semiconductors Industry

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

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

Astera Labs 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.

Astera Labs'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)
	=	149.313	/	(2.156	+	0)
	=	69.25

Astera Labs's Cash to Debt Ratio for the quarter that ended in Mar. 2024 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)
	=	801.391	/	(2.333	+	0)
	=	343.50

Astera Labs (NAS:ALAB) 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.

Astera Labs Cash-to-Debt Related Terms

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Astera Labs (Astera Labs) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Astera Labs Inc (NAS:ALAB) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

2901 Tasman Drive, Suite 205, Santa Clara, CA, USA, 95054

Website

https://www.asteralabs.com

Astera Labs Inc is a company that offers an Intelligent Connectivity Platform, comprised of Semiconductor-based, high-speed mixed-signal connectivity products that integrate a matrix of microcontrollers and sensors. COSMOS, their software suite which is embedded in its connectivity products and integrated into their customers' systems. The Company delivers critical connectivity performance, enables flexibility and customization, and supports observability and predictive analytics. This approach addresses the data, network, and memory bottlenecks, scalability, and other infrastructure requirements of hyperscalers and system original equipment manufacturers.

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