Kijcharoen Engineering Electric PCL (BKK:KJL) Cash-to-Debt : 0.39 (As of Mar. 2024)

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What is Kijcharoen Engineering Electric 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. Kijcharoen Engineering Electric PCL's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.39.

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, Kijcharoen Engineering Electric 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 Kijcharoen Engineering Electric PCL's Cash-to-Debt or its related term are showing as below:

BKK:KJL' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.42 Max: 1.29
Current: 0.39

During the past 4 years, Kijcharoen Engineering Electric PCL's highest Cash to Debt Ratio was 1.29. The lowest was 0.00. And the median was 0.42.

BKK:KJL's Cash-to-Debt is ranked worse than
73.07% of 2900 companies
in the Industrial Products industry
Industry Median: 1.23 vs BKK:KJL: 0.39

Kijcharoen Engineering Electric PCL Cash-to-Debt Historical Data

The historical data trend for Kijcharoen Engineering Electric 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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Kijcharoen Engineering Electric PCL Cash-to-Debt Chart

Kijcharoen Engineering Electric PCL Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

0.02

0.01

1.23

0.42

Kijcharoen Engineering Electric PCL Quarterly Data
	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial							1.29	0.74	0.54	0.42	0.39

Competitive Comparison of Kijcharoen Engineering Electric PCL's Cash-to-Debt

For the Metal Fabrication subindustry, Kijcharoen Engineering Electric 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.

Kijcharoen Engineering Electric PCL's Cash-to-Debt Distribution in the Industrial Products Industry

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

* The bar in red indicates where Kijcharoen Engineering Electric PCL's Cash-to-Debt falls into.

Kijcharoen Engineering Electric 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.

Kijcharoen Engineering Electric 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)
	=	52.592	/	(68.412	+	58.44)
	=	0.41

Kijcharoen Engineering Electric 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)
	=	51.132	/	(87.432	+	44.417)
	=	0.39

Kijcharoen Engineering Electric PCL (BKK:KJL) 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.

Kijcharoen Engineering Electric PCL Cash-to-Debt Related Terms

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

Kijcharoen Engineering Electric PCL (BKK:KJL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Kijcharoen Engineering Electric PCL (BKK:KJL) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

61 and 61/5 Moo 8 Soi Wirunrat Setthakit Road, Thamai, Krathum Baen, Samut Sakhon, THA, 74110

Website

https://www.kjl.co.th

Kijcharoen Engineering Electric PCL is engaged in production and distribution of electrical cabinets, wireway and all kinds of wiring devices.

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