Elmos Semiconductor SE (Elmos Semiconductor SE) Cash-to-Debt : No Debt ⁽¹⁾ (As of Mar. 2024)

View and export this data going back to 2019. Start your Free Trial

What is Elmos Semiconductor SE 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. Elmos Semiconductor SE's cash to debt ratio for the quarter that ended in Mar. 2024 was No Debt ⁽¹⁾.

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, Elmos Semiconductor SE could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

(1) 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.

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

ELTTF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.34 Med: No Debt Max: No Debt
Current: 0.46

During the past 13 years, Elmos Semiconductor SE's highest Cash to Debt Ratio was No Debt. The lowest was 0.34. And the median was No Debt.

ELTTF's Cash-to-Debt is ranked worse than
76.39% of 991 companies
in the Semiconductors industry
Industry Median: 1.78 vs ELTTF: 0.46

Elmos Semiconductor SE Cash-to-Debt Historical Data

The historical data trend for Elmos Semiconductor SE'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.

* Premium members only.

Elmos Semiconductor SE Cash-to-Debt Chart

Elmos Semiconductor SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

2.39

0.97

0.34

0.56

0.84

Elmos Semiconductor SE Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	0.84	No Debt

Competitive Comparison of Elmos Semiconductor SE's Cash-to-Debt

For the Semiconductors subindustry, Elmos Semiconductor SE'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.

Elmos Semiconductor SE's Cash-to-Debt Distribution in the Semiconductors Industry

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

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

Elmos Semiconductor SE 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.

Elmos Semiconductor SE'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)
	=	106.762	/	(18.935	+	108.265)
	=	0.84

Elmos Semiconductor SE's Cash to Debt Ratio for the quarter that ended in Mar. 2024 is calculated as:

Elmos Semiconductor SE had no debt ⁽¹⁾.

Elmos Semiconductor SE (OTCPK:ELTTF) 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.

Elmos Semiconductor SE Cash-to-Debt Related Terms

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

Elmos Semiconductor SE (Elmos Semiconductor SE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Elmos Semiconductor SE (OTCPK:ELTTF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

0N9K:UK ELG:Germany

Address

Heinrich-Hertz-Strasse 1, Dortmund, NW, DEU, 44227

Website

https://www.elmos.com

Elmos Semiconductor SE is a company engaged in the technology sector. It caters to the semiconductor industry with the supply of integrated, application-specific microelectronic circuits, optical sensors, and voltage supply components. The company's operations are divided into Semiconductor business. The bulk of the company's revenue is earned through the semiconductor segment, which focuses purely on the automotive industry by providing integrated circuits and semiconductor chips in mixed-signal technologies. It caters to Germany, United States, Asia-Pacific which contribute the highest revenue, among other countries.

Elmos Semiconductor SE (Elmos Semiconductor SE) Headlines

From GuruFocus

Elmos Semiconductors: Automotive Optimism Is Overpriced

By Soid Ahmad Soid Ahmad • 04-10-2017

Elmos Registers Impressive Earnings Growth

By Soid Ahmad Soid Ahmad • 08-03-2017

Elmos Semiconductor SE (Elmos Semiconductor SE) Cash-to-Debt : No Debt (1) (As of Mar. 2024)