Apro Co (XKRX:262260) Cash-to-Debt : 0.14 (As of Mar. 2024)

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What is Apro 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. Apro Co's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.14.

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

XKRX:262260' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.14 Med: 22.3 Max: 85.9
Current: 0.14

During the past 7 years, Apro Co's highest Cash to Debt Ratio was 85.90. The lowest was 0.14. And the median was 22.30.

XKRX:262260's Cash-to-Debt is ranked worse than
79.29% of 140 companies
in the Industrial Distribution industry
Industry Median: 0.575 vs XKRX:262260: 0.14

Apro Co Cash-to-Debt Historical Data

The historical data trend for Apro 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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Apro Co Cash-to-Debt Chart

Apro Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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6.03

51.48

55.03

17.05

0.36

Apro 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															1.80	2.94	0.45	0.36	0.14

Competitive Comparison of Apro Co's Cash-to-Debt

For the Industrial Distribution subindustry, Apro 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.

Apro Co's Cash-to-Debt Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Apro Co's Cash-to-Debt distribution charts can be found below:

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

Apro 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.

Apro 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)
	=	14764.279	/	(30444.068	+	10505.085)
	=	0.36

Apro 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)
	=	13744.951	/	(48540.964	+	46632.938)
	=	0.14

Apro Co (XKRX:262260) 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.

Apro Co Cash-to-Debt Related Terms

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Apro Co (XKRX:262260) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Apro Co Ltd (XKRX:262260) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

60, LS-ro 115beon-gil, Gyeonggi-do, Gunpo-si, KOR

Website

http://www.aproele.com

Apro Co Ltd is a supplier of battery manufacturing equipment for secondary batteries. The company provides integrated solutions for battery applications such as electric vehicles and e-mobilities based on power conversion and control technology.

Apro Co (XKRX:262260) Headlines

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