VeriSilicon Microelectronics Shanghai Co (SHSE:688521) Cash-to-Debt : 0.87 (As of Mar. 2024)

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What is VeriSilicon Microelectronics Shanghai Co 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. VeriSilicon Microelectronics Shanghai Co's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.87.

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, VeriSilicon Microelectronics Shanghai Co couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

The historical rank and industry rank for VeriSilicon Microelectronics Shanghai Co's Cash-to-Debt or its related term are showing as below:

SHSE:688521' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.5 Med: 13.63 Max: 82.45
Current: 0.87

During the past 8 years, VeriSilicon Microelectronics Shanghai Co's highest Cash to Debt Ratio was 82.45. The lowest was 0.50. And the median was 13.63.

SHSE:688521's Cash-to-Debt is ranked worse than
64.25% of 993 companies
in the Semiconductors industry
Industry Median: 1.76 vs SHSE:688521: 0.87

VeriSilicon Microelectronics Shanghai Co Cash-to-Debt Historical Data

The historical data trend for VeriSilicon Microelectronics Shanghai Co'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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VeriSilicon Microelectronics Shanghai Co Cash-to-Debt Chart

VeriSilicon Microelectronics Shanghai Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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21.39

42.88

20.87

1.97

1.28

VeriSilicon Microelectronics Shanghai Co 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															1.20	1.15	1.13	1.28	0.87

Competitive Comparison of VeriSilicon Microelectronics Shanghai Co's Cash-to-Debt

For the Semiconductors subindustry, VeriSilicon Microelectronics Shanghai Co'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.

VeriSilicon Microelectronics Shanghai Co's Cash-to-Debt Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, VeriSilicon Microelectronics Shanghai Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where VeriSilicon Microelectronics Shanghai Co's Cash-to-Debt falls into.

VeriSilicon Microelectronics Shanghai Co 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.

VeriSilicon Microelectronics Shanghai Co'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)
	=	1088.91	/	(167.211	+	681.877)
	=	1.28

VeriSilicon Microelectronics Shanghai Co'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)
	=	859.214	/	(275.529	+	711.352)
	=	0.87

VeriSilicon Microelectronics Shanghai Co (SHSE:688521) 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.

VeriSilicon Microelectronics Shanghai Co Cash-to-Debt Related Terms

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VeriSilicon Microelectronics Shanghai Co (SHSE:688521) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » VeriSilicon Microelectronics Shanghai Co Ltd (SHSE:688521) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.289, Chunxiao Road, 20A, Zhangjiang Building, China (Shanghai) Pilot Free Trade Zone, Shanghai, CHN, 201203

Website

http://www.verisilicon.com

VeriSilicon Microelectronics Shanghai Co Ltd provides its customers with platform-based, all-round, one-stop custom silicon services and semiconductor IP licensing services leveraging its in-house semiconductor IP. The company provides a variety of customized silicon solutions, including high-definition video, high-definition audio and voice, In-Vehicle Infotainment, video surveillance, IoT connectivity, data center. In addition, VeriSilicon has five types of in-house processor IPs, namely GPU IP, NPU IP, VPU, DSP IP and ISP IP, and more than 1,400 analog and mixed signal IPs and RF IPs.

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