Asia Precision PCL (BKK:APCS) Cash-to-Debt : 0.24 (As of Dec. 2023)

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What is Asia Precision PCL 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. Asia Precision PCL's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.24.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Asia Precision PCL couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

BKK:APCS' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.23 Med: 1.26 Max: 2.78
Current: 0.24

During the past 13 years, Asia Precision PCL's highest Cash to Debt Ratio was 2.78. The lowest was 0.23. And the median was 1.26.

BKK:APCS's Cash-to-Debt is ranked worse than
81.71% of 3002 companies
in the Industrial Products industry
Industry Median: 1.185 vs BKK:APCS: 0.24

Asia Precision PCL Cash-to-Debt Historical Data

The historical data trend for Asia Precision PCL'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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Asia Precision PCL Cash-to-Debt Chart

Asia Precision PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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1.43

1.14

1.63

0.23

0.24

Asia Precision PCL 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															0.23	0.16	0.30	0.16	0.24

Competitive Comparison of Asia Precision PCL's Cash-to-Debt

For the Metal Fabrication subindustry, Asia Precision PCL'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.

Asia Precision PCL's Cash-to-Debt Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Asia Precision PCL's Cash-to-Debt distribution charts can be found below:

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

Asia Precision PCL 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.

Asia Precision PCL'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)
	=	213.18	/	(856.914	+	32.914)
	=	0.24

Asia Precision PCL'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)
	=	213.18	/	(856.914	+	32.914)
	=	0.24

Asia Precision PCL (BKK:APCS) 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.

Asia Precision PCL Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Asia Precision PCL's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Asia Precision PCL (BKK:APCS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Asia Precision PCL (BKK:APCS) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Amata Nakorn Industrial Estate, 700/331 Moo 6, Tambol Donhualor, Muang Chonburi, Chonburi, THA, 20000

Website

https://www.apcs.co.th

Asia Precision PCL, along with its subsidiaries, is principally engaged in engineering and construction (EPC) businesses both domestically and internationally. It is also involved in the parts manufacturing and water distribution business. The operating segments of the group are Mining, High Precision Part and Component, EPC, Sales of building materials and administration, and Water resource management. The company has main revenues from the EPC business. Geographically, the group operates in Thailand and Vietnam, of which prime revenue is earned in Thailand.

Asia Precision PCL (BKK:APCS) Headlines

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