Acer Synergy Manpower (ROCO:7706) Cash-to-Debt : 10,349.38 (As of Dec. 2023)

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What is Acer Synergy Manpower 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 Synergy Manpower's cash to debt ratio for the quarter that ended in Dec. 2023 was 10,349.38.

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 Synergy Manpower 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 Synergy Manpower's Cash-to-Debt or its related term are showing as below:

ROCO:7706' s Cash-to-Debt Range Over the Past 10 Years
Min: 1716.25 Med: No Debt Max: 10349.38
Current: 10349.38

During the past 4 years, Acer Synergy Manpower's highest Cash to Debt Ratio was 10349.38. The lowest was 1716.25. And the median was No Debt.

ROCO:7706's Cash-to-Debt is ranked better than
99.81% of 1064 companies
in the Business Services industry
Industry Median: 0.97 vs ROCO:7706: 10349.38

Acer Synergy Manpower Cash-to-Debt Historical Data

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

Acer Synergy Manpower Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

No Debt

1,716.25

10,349.38

Acer Synergy Manpower Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial			No Debt	N/A	1,716.25	13,666.56	10,349.38

Competitive Comparison of Acer Synergy Manpower's Cash-to-Debt

For the Staffing & Employment Services subindustry, Acer Synergy Manpower'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 Synergy Manpower's Cash-to-Debt Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Acer Synergy Manpower's Cash-to-Debt distribution charts can be found below:

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

Acer Synergy Manpower 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 Synergy Manpower'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)
	=	82.795	/	(0.008	+	0)
	=	10,349.38

Acer Synergy Manpower'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)
	=	82.795	/	(0.008	+	0)
	=	10,349.38

Acer Synergy Manpower (ROCO:7706) 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 Synergy Manpower Cash-to-Debt Related Terms

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Acer Synergy Manpower (ROCO:7706) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Acer Synergy Manpower Corp (ROCO:7706) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Huanke 1st Road, 2, Floor 6, Hsinchu County, Zhubei City, TWN, 302

Website

https://www.acer-asm.com

Acer Synergy Manpower Corp provides competitive and comprehensive human resources solutions to help corporate customers enhance their competitive advantages and become long-term human resources strategic partners, becoming a global professional human resources service consultant.

Acer Synergy Manpower (ROCO:7706) Headlines

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