Calix (ASX:CXL) Cash-to-Debt : 19.93 (As of Dec. 2023)

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What is Calix 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. Calix's cash to debt ratio for the quarter that ended in Dec. 2023 was 19.93.

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, Calix could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

ASX:CXL' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.97 Med: 16.97 Max: 137.42
Current: 19.93

During the past 6 years, Calix's highest Cash to Debt Ratio was 137.42. The lowest was 0.97. And the median was 16.97.

ASX:CXL's Cash-to-Debt is ranked better than
86.28% of 1553 companies
in the Chemicals industry
Industry Median: 0.74 vs ASX:CXL: 19.93

Calix Cash-to-Debt Historical Data

The historical data trend for Calix'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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Calix Cash-to-Debt Chart

Calix Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

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1.64

16.20

11.77

16.97

56.54

Calix Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial								22.90	16.97	81.13	56.54	19.93

Competitive Comparison of Calix's Cash-to-Debt

For the Specialty Chemicals subindustry, Calix'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.

Calix's Cash-to-Debt Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Calix's Cash-to-Debt distribution charts can be found below:

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

Calix 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.

Calix's Cash to Debt Ratio for the fiscal year that ended in Jun. 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)
	=	74.466	/	(0.673	+	0.644)
	=	56.54

Calix's Cash to Debt Ratio for the quarter 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)
	=	47.799	/	(1.099	+	1.299)
	=	19.93

Calix (ASX:CXL) 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.

Calix Cash-to-Debt Related Terms

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Calix (ASX:CXL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Calix Ltd (ASX:CXL) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

CLXLF:USA

Address

9-11 Bridge Street, Level 1, Pymble, Sydney, NSW, AUS, 2073

Website

https://www.calix.global

Calix Ltd Australian technology company. It has developed a patent-protected, platform technology that produces new materials and processes, targeted at solving global challenges in water and wastewater treatment, sustainable food Biotech, CO2 mitigation, and advanced battery development. Its core technology platform includes the Calix Flash Calciner (CFC). It has operations in Australia, New Zealand, Asia, Europe, and the United States of America.

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