Hydro Lithium (XKRX:101670) Cash-to-Debt : 0.41 (As of Dec. 2023)

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What is Hydro Lithium 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. Hydro Lithium's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.41.

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

XKRX:101670' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.41 Med: No Debt Max: No Debt
Current: 0.41

During the past 13 years, Hydro Lithium's highest Cash to Debt Ratio was No Debt. The lowest was 0.41. And the median was No Debt.

XKRX:101670's Cash-to-Debt is ranked worse than
50.57% of 615 companies
in the Steel industry
Industry Median: 0.43 vs XKRX:101670: 0.41

Hydro Lithium Cash-to-Debt Historical Data

The historical data trend for Hydro Lithium'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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Hydro Lithium Cash-to-Debt Chart

Hydro Lithium Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

0.47

1.34

0.41

Hydro Lithium 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															1.34	1.12	0.57	0.49	0.41

Competitive Comparison of Hydro Lithium's Cash-to-Debt

For the Steel subindustry, Hydro Lithium'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.

Hydro Lithium's Cash-to-Debt Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Hydro Lithium's Cash-to-Debt distribution charts can be found below:

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

Hydro Lithium 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.

Hydro Lithium'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)
	=	11355.655	/	(406.925	+	27607.639)
	=	0.41

Hydro Lithium'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)
	=	11355.655	/	(406.925	+	27607.639)
	=	0.41

Hydro Lithium (XKRX:101670) 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.

Hydro Lithium Cash-to-Debt Related Terms

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

Hydro Lithium (XKRX:101670) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Hydro Lithium Inc (XKRX:101670) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

744-27 Moonhyung-ri, Opo-eup, Gyangju, KOR, 464-894

Website

http://www.korease.co.kr

Hydro Lithium Inc is a Korea-based company mainly engaged in the manufacture of construction supplies. The company's products include permanent anchors, which are used for slope reinforcement; tie cables, which are used for falsework protection; caisson lift lugs, which are used for caisson manufacturing; bridge stay cables, which are used for overhead walkways, as well as prestressed anchor panel (PAP) retaining walls, which are used for slope reinforcement.

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