Hwa Fong Rubber (Thailand) PCL (BKK:HFT-R) Cash-to-Debt : 80.50 (As of Mar. 2024)

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What is Hwa Fong Rubber (Thailand) 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. Hwa Fong Rubber (Thailand) PCL's cash to debt ratio for the quarter that ended in Mar. 2024 was 80.50.

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, Hwa Fong Rubber (Thailand) PCL could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

(1) 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.

The historical rank and industry rank for Hwa Fong Rubber (Thailand) PCL's Cash-to-Debt or its related term are showing as below:

BKK:HFT-R' s Cash-to-Debt Range Over the Past 10 Years
Min: 2.72 Med: 3490.75 Max: 15498.61
Current: 80.5

During the past 13 years, Hwa Fong Rubber (Thailand) PCL's highest Cash to Debt Ratio was 15498.61. The lowest was 2.72. And the median was 3490.75.

BKK:HFT-R's Cash-to-Debt is ranked better than
93.2% of 1295 companies
in the Vehicles & Parts industry
Industry Median: 0.58 vs BKK:HFT-R: 80.50

Hwa Fong Rubber (Thailand) PCL Cash-to-Debt Historical Data

The historical data trend for Hwa Fong Rubber (Thailand) 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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Hwa Fong Rubber (Thailand) PCL Cash-to-Debt Chart

Hwa Fong Rubber (Thailand) PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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5.99

137.18

904.70

2,811.86

No Debt

Hwa Fong Rubber (Thailand) 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															4,169.64	5,966.66	15,498.61	No Debt	80.50

Competitive Comparison of Hwa Fong Rubber (Thailand) PCL's Cash-to-Debt

For the Auto Parts subindustry, Hwa Fong Rubber (Thailand) 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.

Hwa Fong Rubber (Thailand) PCL's Cash-to-Debt Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Hwa Fong Rubber (Thailand) PCL's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Hwa Fong Rubber (Thailand) PCL's Cash-to-Debt falls into.

Hwa Fong Rubber (Thailand) 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.

Hwa Fong Rubber (Thailand) PCL's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Hwa Fong Rubber (Thailand) PCL had no debt ⁽¹⁾.

Hwa Fong Rubber (Thailand) 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)
	=	1264.139	/	(15.704	+	0)
	=	80.50

Hwa Fong Rubber (Thailand) PCL (BKK:HFT-R) 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.

Hwa Fong Rubber (Thailand) PCL Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Hwa Fong Rubber (Thailand) PCL's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Hwa Fong Rubber (Thailand) PCL (BKK:HFT-R) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Hwa Fong Rubber (Thailand) PCL (BKK:HFT-R) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

HFT:Thailand

Address

No. 317 Moo 4, Soi 6C, Bangpoo Industrial Estate, Praksa, Muang Samut Prakan, Samut Prakarn, THA, 10280

Website

https://www.duro.co.th

Hwa Fong Rubber (Thailand) PCL is engaged in the manufacturing and distribution of tires and tubes for bicycles, motorcycles and small logistics vehicles such as trolley forklift, golf cart, and hiking cart. The company operates in two segments: Sale of goods and Investment. Geographically the business is spread across Asia, Europe, America, and others.

Hwa Fong Rubber (Thailand) PCL (BKK:HFT-R) Headlines

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