Quanta Computer (Quanta Computer) Cash-to-Debt : 1.32 (As of Dec. 2023)

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What is Quanta Computer 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. Quanta Computer's cash to debt ratio for the quarter that ended in Dec. 2023 was 1.32.

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

QUCCF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.85 Med: 1.04 Max: 1.32
Current: 1.32

During the past 13 years, Quanta Computer's highest Cash to Debt Ratio was 1.32. The lowest was 0.85. And the median was 1.04.

QUCCF's Cash-to-Debt is ranked worse than
50.16% of 2470 companies
in the Hardware industry
Industry Median: 1.34 vs QUCCF: 1.32

Quanta Computer Cash-to-Debt Historical Data

The historical data trend for Quanta Computer'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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Quanta Computer Cash-to-Debt Chart

Quanta Computer Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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1.06

1.22

0.94

0.85

1.32

Quanta Computer Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.85	0.98	1.04	1.10	1.32

Competitive Comparison of Quanta Computer's Cash-to-Debt

For the Computer Hardware subindustry, Quanta Computer'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.

Quanta Computer's Cash-to-Debt Distribution in the Hardware Industry

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

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

Quanta Computer 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.

Quanta Computer'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)
	=	7085.601	/	(5118.1	+	249.65)
	=	1.32

Quanta Computer'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)
	=	7085.601	/	(5118.1	+	249.65)
	=	1.32

Quanta Computer (OTCPK:QUCCF) 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.

Quanta Computer Cash-to-Debt Related Terms

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Quanta Computer (Quanta Computer) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Quanta Computer Inc (OTCPK:QUCCF) » Definitions » Cash-to-Debt

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2382:Taiwan

Address

No. 188, Wenhua 2nd Road, Guishan District, Taoyuan, TWN, 33377

Website

https://www.quantatw.com

Quanta Computer Inc is an original design manufacturer of notebook computers and electronic hardware for use in communication, networking, consumer electronics, auto electronics, and cloud computing solutions. Its products include enterprise network systems, home entertainment systems, rack-mount servers, data center networking switches, high-density storage solutions, encoding cameras, and smart home devices. Most of the firm's revenue is generated in the American region, with the rest coming from countries across the world.

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