Giantec Semiconductor (SHSE:688123) Cash-to-Debt : 94.20 (As of Mar. 2024)

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What is Giantec Semiconductor 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. Giantec Semiconductor's cash to debt ratio for the quarter that ended in Mar. 2024 was 94.20.

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, Giantec Semiconductor 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 Giantec Semiconductor's Cash-to-Debt or its related term are showing as below:

SHSE:688123' s Cash-to-Debt Range Over the Past 10 Years
Min: 85.73 Med: 154.6 Max: No Debt
Current: 94.2

During the past 8 years, Giantec Semiconductor's highest Cash to Debt Ratio was No Debt. The lowest was 85.73. And the median was 154.60.

SHSE:688123's Cash-to-Debt is ranked better than
88.85% of 969 companies
in the Semiconductors industry
Industry Median: 1.81 vs SHSE:688123: 94.20

Giantec Semiconductor Cash-to-Debt Historical Data

The historical data trend for Giantec Semiconductor'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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Giantec Semiconductor Cash-to-Debt Chart

Giantec Semiconductor Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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597.17

97.19

154.60

116.45

107.27

Giantec Semiconductor 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															130.88	93.54	85.73	107.27	94.20

Competitive Comparison of Giantec Semiconductor's Cash-to-Debt

For the Semiconductors subindustry, Giantec Semiconductor'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.

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

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

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

Giantec Semiconductor 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.

Giantec Semiconductor'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)
	=	1309.102	/	(7.111	+	5.093)
	=	107.27

Giantec Semiconductor'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)
	=	1303.649	/	(8.677	+	5.162)
	=	94.20

Giantec Semiconductor (SHSE:688123) 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.

Giantec Semiconductor Cash-to-Debt Related Terms

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Giantec Semiconductor (SHSE:688123) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Giantec Semiconductor Corp (SHSE:688123) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.12, Lane 647, Songtao Road, Zhangjiang Hi-Tech Park, Pudong New Area, Shanghai, CHN

Website

http://www.giantec-semi.com

Giantec Semiconductor Corp is engaged in research and development, design and sales of integrated circuit products, and provides application solutions and technical support services. The company has four product lines, EEPROM, MCU/Smart Card, VCM Driver and OPA. It provides products to various industries including electronics, networking, telecommunication, home electronic applications, computers, smart energy meters, medical, automotive, transportation.

Executives

Xia Tian	Core technical personnel
Zhou Zhong	Core technical personnel
Wang Shang	Core technical personnel

Giantec Semiconductor (SHSE:688123) Headlines

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