Hanwha (XKRX:000880) Cash-to-Debt : 0.27 (As of Dec. 2023)

View and export this data going back to 1976. Start your Free Trial

What is Hanwha 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. Hanwha's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.27.

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

XKRX:000880' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.14 Med: 0.28 Max: 0.44
Current: 0.27

During the past 13 years, Hanwha's highest Cash to Debt Ratio was 0.44. The lowest was 0.14. And the median was 0.28.

XKRX:000880's Cash-to-Debt is ranked worse than
64.75% of 522 companies
in the Conglomerates industry
Industry Median: 0.49 vs XKRX:000880: 0.27

Hanwha Cash-to-Debt Historical Data

The historical data trend for Hanwha'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.

* Premium members only.

Hanwha Cash-to-Debt Chart

Hanwha Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.29

0.32

0.41

0.44

0.27

Hanwha 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															0.44	0.35	0.33	0.31	0.27

Competitive Comparison of Hanwha's Cash-to-Debt

For the Conglomerates subindustry, Hanwha'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.

Hanwha's Cash-to-Debt Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Hanwha's Cash-to-Debt distribution charts can be found below:

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

Hanwha 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.

Hanwha'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)
	=	5315890	/	(9671863	+	9815600)
	=	0.27

Hanwha'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)
	=	5315890	/	(9671863	+	9815600)
	=	0.27

Hanwha (XKRX:000880) 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.

Hanwha Cash-to-Debt Related Terms

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

Hanwha (XKRX:000880) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Hanwha Corp (XKRX:000880) » Definitions » Cash-to-Debt

Traded in Other Exchanges

00088K:Korea 000885:Korea

Address

1 Janggyo-dong, Jung-gu, Seoul, KOR, 100-797

Website

https://www.hanwhacorp.co.kr

Hanwha Corp is a global manufacturing and trading company. The company operates in four business areas - Explosives, Defense, Trading, and Machinery. Explosives Division offers a wide range of explosives products and services via three business units: chemical unit, cladding unit, and the fireworks promotion unit. Trading Division engages in trading various products ranging from raw materials to consumer goods, wood pallet manufacturing, landfill gas generation, solar power systems, and other new and renewable energy businesses. Machinery Division offers machine tools, factory automation and plant and machinery. Under its Defense Division, it offers precision-guided munitions, advanced ammunition, and unmanned systems and underwater surveillance equipment.

Hanwha (XKRX:000880) Headlines

No Headlines