CHOSUN WELDING POHANG Co (XKRX:120030) Cash-to-Debt : 157.92 (As of Mar. 2024)

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What is CHOSUN WELDING POHANG 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. CHOSUN WELDING POHANG Co's cash to debt ratio for the quarter that ended in Mar. 2024 was 157.92.

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, CHOSUN WELDING POHANG Co could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

The historical rank and industry rank for CHOSUN WELDING POHANG Co's Cash-to-Debt or its related term are showing as below:

XKRX:120030' s Cash-to-Debt Range Over the Past 10 Years
Min: 15.01 Med: 109.27 Max: No Debt
Current: 157.92

During the past 13 years, CHOSUN WELDING POHANG Co's highest Cash to Debt Ratio was No Debt. The lowest was 15.01. And the median was 109.27.

XKRX:120030's Cash-to-Debt is ranked better than
90.89% of 2997 companies
in the Industrial Products industry
Industry Median: 1.23 vs XKRX:120030: 157.92

CHOSUN WELDING POHANG Co Cash-to-Debt Historical Data

The historical data trend for CHOSUN WELDING POHANG 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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CHOSUN WELDING POHANG Co Cash-to-Debt Chart

CHOSUN WELDING POHANG Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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370.84

366.48

102.49

134.29

114.23

CHOSUN WELDING POHANG Co 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															180.61	115.98	151.30	114.23	157.92

Competitive Comparison of CHOSUN WELDING POHANG Co's Cash-to-Debt

For the Tools & Accessories subindustry, CHOSUN WELDING POHANG 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.

CHOSUN WELDING POHANG Co's Cash-to-Debt Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, CHOSUN WELDING POHANG Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where CHOSUN WELDING POHANG Co's Cash-to-Debt falls into.

CHOSUN WELDING POHANG Co 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.

CHOSUN WELDING POHANG Co'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)
	=	100460.189	/	(682.867	+	196.591)
	=	114.23

CHOSUN WELDING POHANG Co'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)
	=	106995.66	/	(567.284	+	110.258)
	=	157.92

CHOSUN WELDING POHANG Co (XKRX:120030) 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.

CHOSUN WELDING POHANG Co Cash-to-Debt Related Terms

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CHOSUN WELDING POHANG Co (XKRX:120030) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » CHOSUN WELDING POHANG Co Ltd (XKRX:120030) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

865 Jangheung-Dong, Nam-Gu, Pohang, KOR

Website

http://www.chosunwelding.com

CHOSUN WELDING POHANG Co Ltd produces and sells welding materials in Korea. It offers covered arc welding electrodes, stick electrodes, submerged arc materials, and solid wires, as well as Mag wires for use in carbon dioxide gas arc welding applications.

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