Abstract: The high speed intelligent cable provided herein is multifunctional, lightweight, flexible and re-configurable. The cable assembly includes a low profile ribbon cable of multiple conductors. Built-in health indicators provide user assessment of, for example, connectivity. Active electronics and embedded intelligent firmware provide various functions, to include built-in test performance capability. Ready cable reconfiguration for system integration, or for other needs, is facilitated by logic and switching circuitry. Still further, built-in automatic multi-functional cable testing may include automatic reconfiguration. Testing and reconfiguration can be remotely activated. The cable described herein can reduce time and manhours needed for testing, installation, and maintenance. The lightweight multi-functional cable makes a positive contribution to the function/mass payload ratio in complex and mass-sensitive applications.