Bangkok Land PCL (BKK:BLAND) Cash-to-Debt : 0.95 (As of Mar. 2024)

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What is Bangkok Land 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. Bangkok Land PCL's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.95.

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, Bangkok Land PCL couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

BKK:BLAND' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.43 Med: 1.44 Max: 2.57
Current: 0.91

During the past 13 years, Bangkok Land PCL's highest Cash to Debt Ratio was 2.57. The lowest was 0.43. And the median was 1.44.

BKK:BLAND's Cash-to-Debt is ranked better than
72.76% of 1788 companies
in the Real Estate industry
Industry Median: 0.25 vs BKK:BLAND: 0.91

Bangkok Land PCL Cash-to-Debt Historical Data

The historical data trend for Bangkok Land 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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Bangkok Land PCL Cash-to-Debt Chart

Bangkok Land PCL Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

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1.55

1.50

1.35

1.04

0.95

Bangkok Land PCL 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															1.04	1.02	0.85	0.91	0.95

Competitive Comparison of Bangkok Land PCL's Cash-to-Debt

For the Real Estate - Diversified subindustry, Bangkok Land 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.

Bangkok Land PCL's Cash-to-Debt Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Bangkok Land PCL's Cash-to-Debt distribution charts can be found below:

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

Bangkok Land 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.

Bangkok Land PCL's Cash to Debt Ratio for the fiscal year 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)
	=	3684.497	/	(3874.707	+	20.374)
	=	0.95

Bangkok Land PCL'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)
	=	3684.497	/	(3874.707	+	20.374)
	=	0.95

Bangkok Land PCL (BKK:BLAND) 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.

Bangkok Land PCL Cash-to-Debt Related Terms

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

Bangkok Land PCL (BKK:BLAND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Bangkok Land PCL (BKK:BLAND) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Popular 3 Road, Tambol Bannmai, Amphur Pakkred, 10th Floor, New Geneva Industry Condominium, 47/569 - 576 Moo 3, Nonthaburi, THA

Website

https://www.bangkokland.co.th

Bangkok Land is a Thailand-based property holding company. The principal business of the Company and its subsidiaries comprise real estate development, exhibition and convention, food and beverage, investment in hotels, and education. The real estate, which is involved in developing residential and commercial properties for sale and rental; exhibition center, which provides a broad range of facilities and services for customers to hold activities and functions.

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