MagnaChip Semiconductor (STU:SMG) Cash-to-Debt : 4.99 (As of Mar. 2024)

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What is MagnaChip 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. MagnaChip Semiconductor's cash to debt ratio for the quarter that ended in Mar. 2024 was 4.99.

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

STU:SMG' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.31 Med: 0.48 Max: 82.4
Current: 4.99

During the past 13 years, MagnaChip Semiconductor's highest Cash to Debt Ratio was 82.40. The lowest was 0.31. And the median was 0.48.

STU:SMG's Cash-to-Debt is ranked better than
65.96% of 993 companies
in the Semiconductors industry
Industry Median: 1.79 vs STU:SMG: 4.99

MagnaChip Semiconductor Cash-to-Debt Historical Data

The historical data trend for MagnaChip 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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MagnaChip Semiconductor Cash-to-Debt Chart

MagnaChip Semiconductor Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.50

3.18

65.38

41.08

32.86

MagnaChip 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															37.75	31.93	34.00	32.86	4.99

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

For the Semiconductors subindustry, MagnaChip 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.

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

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

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

MagnaChip 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.

MagnaChip 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)
	=	144.97	/	(1.755	+	2.657)
	=	32.86

MagnaChip 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)
	=	157.874	/	(1.733	+	29.907)
	=	4.99

MagnaChip Semiconductor (STU:SMG) 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.

MagnaChip Semiconductor Cash-to-Debt Related Terms

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MagnaChip Semiconductor (STU:SMG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » MagnaChip Semiconductor Corp (STU:SMG) » Definitions » Cash-to-Debt

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Traded in Other Exchanges

MX:USA SMG:Germany

Address

76 Jikji-daero 436beon-gil, Heungdeok-gu, 15th Floor, Chungcheongbuk-do, Cheongju-si, KOR, 28581

Website

http://www.magnachip.com

MagnaChip Semiconductor Corp designs and manufactures analog and mixed-signal semiconductor platform solutions for communications, Internet of Things applications, consumer, industrial and automotive applications. The company's product portfolio consists of large display solutions, mobile display solutions, sensor solutions, LED solutions, mobile solutions, and power conversions. The company operates in two segments namely Transitional Fab 3 foundry services and Standard products business.