Multi-Fineline Electronix (Multi-Fineline Electronix) Cash-to-Debt : No Debt ⁽¹⁾ (As of Mar. 2016)

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What is Multi-Fineline Electronix 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. Multi-Fineline Electronix's cash to debt ratio for the quarter that ended in Mar. 2016 was No Debt ⁽¹⁾.

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, Multi-Fineline Electronix could pay off its debt using the cash in hand for the quarter that ended in Mar. 2016.

(1) 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.

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

MFLX's Cash-to-Debt is not ranked ^*
in the Hardware industry.
Industry Median: 1.38
* Ranked among companies with meaningful Cash-to-Debt only.

Multi-Fineline Electronix Cash-to-Debt Historical Data

The historical data trend for Multi-Fineline Electronix'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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Multi-Fineline Electronix Cash-to-Debt Chart

Multi-Fineline Electronix Annual Data

Trend

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Cash-to-Debt

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No Debt

Multi-Fineline Electronix Quarterly Data
	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Multi-Fineline Electronix's Cash-to-Debt

For the Electronic Components subindustry, Multi-Fineline Electronix'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.

Multi-Fineline Electronix's Cash-to-Debt Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Multi-Fineline Electronix's Cash-to-Debt distribution charts can be found below:

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

Multi-Fineline Electronix 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.

Multi-Fineline Electronix's Cash to Debt Ratio for the fiscal year that ended in Dec. 2015 is calculated as:

Multi-Fineline Electronix had no debt ⁽¹⁾.

Multi-Fineline Electronix's Cash to Debt Ratio for the quarter that ended in Mar. 2016 is calculated as:

Multi-Fineline Electronix had no debt ⁽¹⁾.

Multi-Fineline Electronix (NAS:MFLX) 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.

Multi-Fineline Electronix Cash-to-Debt Related Terms

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Multi-Fineline Electronix (Multi-Fineline Electronix) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Multi-Fineline Electronix Inc (NAS:MFLX) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

Website

http://www.mflex.com

Multi-Fineline Electronix Inc was incorporated in October 1984 in the State of California and reincorporated in the state of Delaware on June 4, 2004. The Company is engaged in the engineering, design and manufacture of flexible printed circuit boards along with related component assemblies. With facilities in Irvine, California; Suzhou, China; Chengdu, China; Cambridge, England; Korea; Taiwan; and Singapore, it offers service and support base for the sale, design and manufacture of flexible interconnect solutions. It is also a provider of technologically, flexible printed circuits and value-added component assembly solutions to the electronics industry. Current application products include mobile phones, smartphones, tablets, personal computers, consumer products, portable bar code scanners, computer/data storage and medical devices. The Company provides solutions to original equipment manufacturers (OEMs), such as Apple Inc., and to electronic manufacturing services ("EMS") providers such as Foxconn Electronics, Inc. The Company's business model and the way it approaches the markets which it serves, is based on value added engineering and providing technology solutions to its customers, facilitating the miniaturization of portable electronics. The Company is a provider of single, double-sided, multi-layer and air-gapped flexible printed circuit technology, component assemblies and rigid-flex circuits. Its customers include OEMs and EMS providers in a sector of the electronics industry. It competes with a number of Asian providers, such as Nippon Mektron Ltd., Interflex Co. Ltd., Zhen Ding Technology Holding Ltd., HI-P (Shanghai) Technology Co. Ltd., Career Technology (MFG) Co. Ltd., Flexium Interconnect, Inc., Sumitomo Electric Industries Ltd., and Fujikura Ltd.

Executives

Thomas D Kampfer	officer: EVP & Chief Financial Officer	C/O COHU, INC., 12367 CROSTHWAITE CIRCLE, POWAY CA 92128
Philippe Lemaitre	director	7456 16TH STREET EAST, SARASOTA FL 34243
Donald K Schwanz	director	414 SILVER AVE SW MS 1275, ALBUQUERQUE NM 87102-3289
Thomas Liguori	officer: EVP & CFO	ADVANCED ENERGY INDUSTRIES, INC., 1625 SHARP POINT DRIVE, FORT COLLINS CO 80525
Benjamin Duster	director	200 E. 84ST, 8TH FLOOR, NEW YORK NY 10028
Michael Roth	10 percent owner	3600 SOUTH LAKE DRIVE, ST. FRANCIS WI 53235
Brian Jay Stark	10 percent owner	3600 SOUTH LAKE DRIVE, ST. FRANCIS WI 53235
Peter Blackmore	director	UTSTARCOM, INC., 1275 HARBOR BAY PARKWAY, ALAMEDA CA 94502