Casa Systems (Casa Systems) Cash-to-Debt : 0.26 (As of Sep. 2023)

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What is Casa Systems 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. Casa Systems's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.26.

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, Casa Systems couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

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

CASSQ' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.26 Med: 0.56 Max: 11.87
Current: 0.26

During the past 9 years, Casa Systems's highest Cash to Debt Ratio was 11.87. The lowest was 0.26. And the median was 0.56.

CASSQ's Cash-to-Debt is ranked worse than
85.67% of 2470 companies
in the Hardware industry
Industry Median: 1.35 vs CASSQ: 0.26

Casa Systems Cash-to-Debt Historical Data

The historical data trend for Casa Systems'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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Casa Systems Cash-to-Debt Chart

Casa Systems Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

Get a 7-Day Free Trial

0.95

0.39

0.54

0.56

0.55

Casa Systems Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial															0.70	0.55	0.49	0.35	0.26

Competitive Comparison of Casa Systems's Cash-to-Debt

For the Communication Equipment subindustry, Casa Systems'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.

Casa Systems's Cash-to-Debt Distribution in the Hardware Industry

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

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

Casa Systems 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.

Casa Systems's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 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)
	=	126.312	/	(227.201	+	3.416)
	=	0.55

Casa Systems'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)
	=	47.925	/	(7.824	+	177.52)
	=	0.26

Casa Systems (OTCPK:CASSQ) 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.

Casa Systems Cash-to-Debt Related Terms

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Casa Systems (Casa Systems) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Casa Systems Inc (OTCPK:CASSQ) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

6CS:Germany

Address

100 Old River Road, Andover, MA, USA, 01810

Website

https://www.casa-systems.com

Casa Systems Inc is engaged in providing a suite of software-centric infrastructure solutions that allow cable service providers to deliver voice, video and data services over a single platform at multi-gigabit speeds. In addition, the company offers solutions for next-generation distributed and virtualized architectures in cable operator, fixed telecom, and wireless networks. The company focuses on creating a software-centric, multi-service portfolio that enables a broad range of core and access network functions for fixed and wireless networks. The company's product line includes cable networks, IP networks, mobile networks, optical networks, professional and managed services and others. Substantial revenue is generated from North American operations.

Executives

Philip Jr. Paro	officer: Chief Accounting Officer	100 OLD RIVER ROAD, C/O CASA SYSTEMS, INC., ANDOVER MA 01810
Michael Glickman	director, officer: President and CEO	100 OLD RIVER ROAD, ANDOVER MA 01810
Styslinger William C Iii	director	124 ACTON STREET, MAYNARD MA 01754
Edward Durkin	officer: Chief Financial Officer	C/O CASA SYSTEMS, INC., 100 OLD RIVER ROAD, ANDOVER MA 01810
Weidong Chen	officer: Chief Technology Officer	100 OLD RIVER ROAD, SUITE 100, ANDOVER MA 01810
Michael T Hayashi	director	MINDSPEED TECHNOLOGIES, INC., 4000 MACARTHUR BLVD., EAST TOWER, NEWPORT BEACH CA 92660
Lucy Xie	director, officer: SVP of Operations	100 OLD RIVER ROAD, SUITE 100, ANDOVER MA 01810
Daniel S. Mead	director	1095 AVENUE OF THE AMERICAS, 8TH FLOOR, NEW YORK NY 10036
Matthew Slepian	officer: Corporate Controller	CASA SYSTEMS, INC., 100 OLD RIVER ROAD, SUITE 100, ANDOVER MA 01810
Jerry Guo	director, 10 percent owner, officer: President & CEO	100 OLD RIVER ROAD, SUITE 100, ANDOVER MA 01810
Scott Bruckner	officer: Interim CFO	CASA SYSTEMS, INC., 100 OLD RIVER ROAD, SUITE 100, ANDOVER MA 01810
Susana D'emic	director	C/O TIME INC., 225 LIBERTY STREET, NEW YORK NY 10281
Maurizio Nicolelli	officer: Chief Financial Officer	C/O CASA SYSTEMS, 100 OLD RIVER ROAD, SUITE 100, ANDOVER MA 01810
Shaun N. Mccarthy	officer: Interim CFO	100 OLD RIVER ROAD, SUITE 100, ANDOVER MA 01810
Bruce R Evans	director	C/O SUMMIT PARTNERS, 222 BERKELEY STREET, 18TH FLOOR, BOSTON MA 02116