GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Angel Robotics Co Ltd (XKRX:455900) » Definitions » Cash-to-Debt

Angel Robotics Co (XKRX:455900) Cash-to-Debt : 43.00 (As of Mar. 2024)


View and export this data going back to 2024. Start your Free Trial

What is Angel Robotics 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. Angel Robotics Co's cash to debt ratio for the quarter that ended in Mar. 2024 was 43.00.

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

During the past 4 years, Angel Robotics Co's highest Cash to Debt Ratio was 21.58. The lowest was 0.00. And the median was 20.03.

XKRX:455900's Cash-to-Debt is not ranked *
in the Hardware industry.
Industry Median: 1.335
* Ranked among companies with meaningful Cash-to-Debt only.

Angel Robotics Co Cash-to-Debt Historical Data

The historical data trend for Angel Robotics 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.

* Premium members only.

Angel Robotics Co Cash-to-Debt Chart

Angel Robotics Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Cash-to-Debt
No Debt 14.49 10.82 21.58

Angel Robotics Co Quarterly Data
Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Cash-to-Debt Get a 7-Day Free Trial 10.82 N/A 20.03 21.58 43.00

Competitive Comparison of Angel Robotics Co's Cash-to-Debt

For the Computer Hardware subindustry, Angel Robotics 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.

Angel Robotics Co's Cash-to-Debt Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Angel Robotics Co's Cash-to-Debt distribution charts can be found below:

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


Angel Robotics 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.

Angel Robotics 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)
=14604.252 / (489.494 + 187.354)
=21.58

Angel Robotics 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)
=38420.64 / (595.462 + 298.059)
=43.00

* 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.

Angel Robotics Co  (XKRX:455900) 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.

Angel Robotics Co Cash-to-Debt Related Terms

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

Angel Robotics Co (XKRX:455900) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Angel Robotics Co Ltd (XKRX:455900) » Definitions » Cash-to-Debt
Comparable Companies
Traded in Other Exchanges
N/A
Address
37, Seongsui-ro 22-gil, Seongdong-gu, Rooms 1405-1407, 14th floor, Seoul, KOR
Website
https://www.angel-robotics.com
Angel Robotics Co Ltd is a company which is engaged in the business of researching, developing, manufacturing, and selling intelligent wearable robots. It manufactures and sell their core products, angel MEDI (wearable robot specializing in rehabilitation medicine), angel GEAR (industrial wearable robot), angel SUIT (wearable robot for daily life assistance), and angel KIT (core robot parts such as motor drivers and smart actuators). The company is engaged in business such as research and development services for wearable robots for defense purposes.

Angel Robotics Co (XKRX:455900) Headlines

No Headlines