Advanced Micro-fabrication Equipment (SHSE:688012) Cash-to-Debt : 14.86 (As of Mar. 2024)

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What is Advanced Micro-fabrication Equipment 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. Advanced Micro-fabrication Equipment's cash to debt ratio for the quarter that ended in Mar. 2024 was 14.86.

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, Advanced Micro-fabrication Equipment 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 Advanced Micro-fabrication Equipment's Cash-to-Debt or its related term are showing as below:

SHSE:688012' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.53 Med: 39.31 Max: No Debt
Current: 14.86

During the past 8 years, Advanced Micro-fabrication Equipment's highest Cash to Debt Ratio was No Debt. The lowest was 0.53. And the median was 39.31.

SHSE:688012's Cash-to-Debt is ranked better than
77.06% of 994 companies
in the Semiconductors industry
Industry Median: 1.765 vs SHSE:688012: 14.86

Advanced Micro-fabrication Equipment Cash-to-Debt Historical Data

The historical data trend for Advanced Micro-fabrication Equipment'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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Advanced Micro-fabrication Equipment Cash-to-Debt Chart

Advanced Micro-fabrication Equipment Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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No Debt

251.47

669.71

19.60

17.01

Advanced Micro-fabrication Equipment 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															18.41	18.73	16.75	17.01	14.86

Competitive Comparison of Advanced Micro-fabrication Equipment's Cash-to-Debt

For the Semiconductor Equipment & Materials subindustry, Advanced Micro-fabrication Equipment'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.

Advanced Micro-fabrication Equipment's Cash-to-Debt Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Advanced Micro-fabrication Equipment's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Advanced Micro-fabrication Equipment's Cash-to-Debt falls into.

Advanced Micro-fabrication Equipment 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.

Advanced Micro-fabrication Equipment'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)
	=	8959.334	/	(509.815	+	16.789)
	=	17.01

Advanced Micro-fabrication Equipment'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)
	=	7805.576	/	(510.022	+	15.251)
	=	14.86

Advanced Micro-fabrication Equipment (SHSE:688012) 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.

Advanced Micro-fabrication Equipment Cash-to-Debt Related Terms

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Advanced Micro-fabrication Equipment (SHSE:688012) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Advanced Micro-fabrication Equipment Inc (SHSE:688012) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

No. 188, Taihua Road, Jinqiao Export Processing Zone (South District), Pudong New Area, Shanghai, CHN, 201201

Website

http://www.amec-inc.com

Advanced Micro-fabrication Equipment Inc is engaged in the development, production and sales of equipment such as plasma etching equipment, deep silicon etching equipment and MOCVD equipment for microelectronic devices such as integrated circuits and LED chips.

Advanced Micro-fabrication Equipment (SHSE:688012) Headlines

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