Tan Tao Investment Industry (STC:ITA) Cash-to-Debt : 0.30 (As of Mar. 2024)

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What is Tan Tao Investment Industry 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. Tan Tao Investment Industry's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.30.

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, Tan Tao Investment Industry couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

The historical rank and industry rank for Tan Tao Investment Industry's Cash-to-Debt or its related term are showing as below:

STC:ITA' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.07 Max: 4.36
Current: 0.3

During the past 10 years, Tan Tao Investment Industry's highest Cash to Debt Ratio was 4.36. The lowest was 0.01. And the median was 0.07.

STC:ITA's Cash-to-Debt is ranked better than
54.43% of 1793 companies
in the Real Estate industry
Industry Median: 0.25 vs STC:ITA: 0.30

Tan Tao Investment Industry Cash-to-Debt Historical Data

The historical data trend for Tan Tao Investment Industry'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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Tan Tao Investment Industry Cash-to-Debt Chart

Tan Tao Investment Industry Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

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0.06

0.23

0.27

1.70

0.54

Tan Tao Investment Industry Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															0.54	0.36	0.27	0.94	0.30

Competitive Comparison of Tan Tao Investment Industry's Cash-to-Debt

For the Real Estate Services subindustry, Tan Tao Investment Industry'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.

Tan Tao Investment Industry's Cash-to-Debt Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Tan Tao Investment Industry's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Tan Tao Investment Industry's Cash-to-Debt falls into.

Tan Tao Investment Industry 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.

Tan Tao Investment Industry's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 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)
	=	17572.687	/	(23916.701	+	8365.006)
	=	0.54

Tan Tao Investment Industry'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)
	=	14395.419	/	(42324.803	+	5068.348)
	=	0.30

Tan Tao Investment Industry (STC:ITA) 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.

Tan Tao Investment Industry Cash-to-Debt Related Terms

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