Trio Industrial Electronics Group (HKSE:01710) Cash-to-Debt : 0.50 (As of Dec. 2023)

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What is Trio Industrial Electronics Group 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. Trio Industrial Electronics Group's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.50.

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, Trio Industrial Electronics Group 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 Trio Industrial Electronics Group's Cash-to-Debt or its related term are showing as below:

HKSE:01710' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.09 Med: 1.48 Max: 8.15
Current: 0.5

During the past 10 years, Trio Industrial Electronics Group's highest Cash to Debt Ratio was 8.15. The lowest was 0.09. And the median was 1.48.

HKSE:01710's Cash-to-Debt is ranked worse than
67.7% of 2994 companies
in the Industrial Products industry
Industry Median: 1.23 vs HKSE:01710: 0.50

Trio Industrial Electronics Group Cash-to-Debt Historical Data

The historical data trend for Trio Industrial Electronics Group'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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Trio Industrial Electronics Group Cash-to-Debt Chart

Trio Industrial Electronics Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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2.79

2.91

2.39

0.58

0.50

Trio Industrial Electronics Group Semi-Annual Data
	Dec14	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial												2.39	0.46	0.58	0.47	0.50

Competitive Comparison of Trio Industrial Electronics Group's Cash-to-Debt

For the Electrical Equipment & Parts subindustry, Trio Industrial Electronics Group'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.

Trio Industrial Electronics Group's Cash-to-Debt Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Trio Industrial Electronics Group's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Trio Industrial Electronics Group's Cash-to-Debt falls into.

Trio Industrial Electronics Group 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.

Trio Industrial Electronics Group'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)
	=	61.207	/	(27.773	+	95.633)
	=	0.50

Trio Industrial Electronics Group'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)
	=	61.207	/	(27.773	+	95.633)
	=	0.50

Trio Industrial Electronics Group (HKSE:01710) 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.

Trio Industrial Electronics Group Cash-to-Debt Related Terms

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Trio Industrial Electronics Group (HKSE:01710) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Trio Industrial Electronics Group Ltd (HKSE:01710) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

51 Man Yue Street, Block J, 5th Floor, Kaiser Estate, Phase 2, Hunghom, Kowloon, Hong Kong, HKG

Website

https://www.trio-ieg.com

Trio Industrial Electronics Group Ltd is an electronics manufacturing services (EMS) provider. It specializes in the manufacturing and sales of customized industrial electronic components and products, with offices in Hong Kong, the Republic of Ireland (Ireland), and Thailand, and production facilities in the People's Republic of China (the PRC), Ireland, and Thailand. Geographically, the group has a business presence in Europe, North America, the PRC, Southeast Asia, and others.

Executives

Esseiva Alain
Alpadis Group Holding Ag
Alpadis Trust (hk) Limited
Teo Wei Lee	2202 Interest of your spouse
Jmc Investment Holdings Limited	2201 Interest of corporation controlled by you
Heer Krinya	2202 Interest of your spouse
Heer Dominik Philipp	2201 Interest of corporation controlled by you
Mac Carthy Joseph	2307 Founder of a discretionary trust who can infl
Esseiva Alain	2201 Interest of corporation controlled by you
Lo Ka Kei Jun	2201 Interest of corporation controlled by you
Eastville Enterprises Limited	2201 Interest of corporation controlled by you
Kwan Chan Kwong	2202 Interest of your spouse
Wong So Nui Amy	2201 Interest of corporation controlled by you
Tai Leung Lam	2201 Interest of corporation controlled by you
Kwan Tak Sum Stanley	2201 Interest of corporation controlled by you

Trio Industrial Electronics Group (HKSE:01710) Headlines

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