Acer Medical (ROCO:6857) Cash-to-Debt : 55,006.50 (As of Dec. 2023)

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What is Acer Medical 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. Acer Medical's cash to debt ratio for the quarter that ended in Dec. 2023 was 55,006.50.

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

ROCO:6857' s Cash-to-Debt Range Over the Past 10 Years
Min: 315.25 Med: No Debt Max: 55006.5
Current: 55006.5

During the past 5 years, Acer Medical's highest Cash to Debt Ratio was 55006.50. The lowest was 315.25. And the median was No Debt.

ROCO:6857's Cash-to-Debt is ranked better than
99.85% of 665 companies
in the Healthcare Providers & Services industry
Industry Median: 0.69 vs ROCO:6857: 55006.50

Acer Medical Cash-to-Debt Historical Data

The historical data trend for Acer Medical'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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Acer Medical Cash-to-Debt Chart

Acer Medical Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

315.25

No Debt

55,006.50

Acer Medical Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial				No Debt	5,347.45	No Debt	No Debt	55,006.50

Competitive Comparison of Acer Medical's Cash-to-Debt

For the Health Information Services subindustry, Acer Medical'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.

Acer Medical's Cash-to-Debt Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Acer Medical's Cash-to-Debt distribution charts can be found below:

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

Acer Medical 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.

Acer Medical'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)
	=	220.026	/	(0.004	+	0)
	=	55,006.50

Acer Medical'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)
	=	220.026	/	(0.004	+	0)
	=	55,006.50

Acer Medical (ROCO:6857) 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.

Acer Medical Cash-to-Debt Related Terms

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

Acer Medical (ROCO:6857) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Acer Medical Inc (ROCO:6857) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Xintai 5th Rd, 7th Floor, No. 86, Section 1, Xizhi District, New Taipei, TWN

Website

https://www.acer-medical.com

Acer Medical Inc focuses on improving human health and well-being through artificial intelligence. It focuses on applying artificial intelligence and big data to the area of healthcare. Acer Medical is capable of designing, developing, commercializing, as well as implementing AI solutions into medical institutions.

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