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FarGlory Life Insurance Co (ROCO:5859) Cash-to-Debt : 64.68 (As of Dec. 2023)


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What is FarGlory Life Insurance Co 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. FarGlory Life Insurance Co's cash to debt ratio for the quarter that ended in Dec. 2023 was 64.68.

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, FarGlory Life Insurance Co 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 FarGlory Life Insurance Co's Cash-to-Debt or its related term are showing as below:

ROCO:5859' s Cash-to-Debt Range Over the Past 10 Years
Min: 14.32   Med: 65.75   Max: 160.78
Current: 64.68

During the past 13 years, FarGlory Life Insurance Co's highest Cash to Debt Ratio was 160.78. The lowest was 14.32. And the median was 65.75.

ROCO:5859's Cash-to-Debt is ranked better than
78.98% of 490 companies
in the Insurance industry
Industry Median: 1.84 vs ROCO:5859: 64.68

FarGlory Life Insurance Co Cash-to-Debt Historical Data

The historical data trend for FarGlory Life Insurance Co'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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FarGlory Life Insurance Co Cash-to-Debt Chart

FarGlory Life Insurance Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 160.78 66.82 69.41 95.32 64.68

FarGlory Life Insurance Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 69.41 79.65 95.32 44.84 64.68

Competitive Comparison of FarGlory Life Insurance Co's Cash-to-Debt

For the Insurance - Life subindustry, FarGlory Life Insurance Co'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.


FarGlory Life Insurance Co's Cash-to-Debt Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, FarGlory Life Insurance Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where FarGlory Life Insurance Co's Cash-to-Debt falls into.



FarGlory Life Insurance Co Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents 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.

FarGlory Life Insurance Co's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

FarGlory Life Insurance Co's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

* 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.


FarGlory Life Insurance Co  (ROCO:5859) 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.


FarGlory Life Insurance Co Cash-to-Debt Related Terms

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


FarGlory Life Insurance Co (ROCO:5859) Business Description

Traded in Other Exchanges
N/A
Address
No.1, Songgao Road, 28th Floor, Taipei, TWN
FarGlory Life Insurance Co Ltd is a Taiwan based life insurance company. The company offers products including personal life insurance, personal health insurance, personal accident insurance, annuity insurance, group insurance and investment-type insurance.

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