Thanachart Capital PCL (BKK:TCAP) Cash-to-Debt : 0.07 (As of Dec. 2023)

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What is Thanachart Capital PCL 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. Thanachart Capital PCL's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.07.

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, Thanachart Capital PCL 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 Thanachart Capital PCL's Cash-to-Debt or its related term are showing as below:

BKK:TCAP' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.07 Med: 0.51 Max: 2.09
Current: 0.07

During the past 13 years, Thanachart Capital PCL's highest Cash to Debt Ratio was 2.09. The lowest was 0.07. And the median was 0.51.

BKK:TCAP's Cash-to-Debt is ranked worse than
80.97% of 557 companies
in the Diversified Financial Services industry
Industry Median: 2.43 vs BKK:TCAP: 0.07

Thanachart Capital PCL Cash-to-Debt Historical Data

The historical data trend for Thanachart Capital PCL'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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Thanachart Capital PCL Cash-to-Debt Chart

Thanachart Capital PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.12

0.16

0.18

0.08

0.07

Thanachart Capital PCL 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															0.08	0.06	0.06	0.06	0.07

Competitive Comparison of Thanachart Capital PCL's Cash-to-Debt

For the Financial Conglomerates subindustry, Thanachart Capital PCL'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.

Thanachart Capital PCL's Cash-to-Debt Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Thanachart Capital PCL's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Thanachart Capital PCL's Cash-to-Debt falls into.

Thanachart Capital PCL Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents 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.

Thanachart Capital PCL's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	4224.572	/	(0	+	65108)
	=	0.06

Thanachart Capital PCL's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	4224.572	/	(0	+	65108)
	=	0.06

Thanachart Capital PCL (BKK:TCAP) 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.

Thanachart Capital PCL Cash-to-Debt Related Terms

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

Thanachart Capital PCL (BKK:TCAP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Thanachart Capital PCL (BKK:TCAP) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

NFPH:Germany

Address

Phayathai Road, 444, 16-17th Floor, MBK Tower, Wangmai, Pathumwan, Bangkok, THA, 10330

Website

https://www.thanachart.co.th

Thanachart Capital PCL is an investment holding company domiciled in Thailand. Through its subsidiaries, the company offers banking products such as deposits and credit cards; personal, housing, business and corporate loans; funds transfer and Western Union services; and transaction accounts. Thanachart Capital provides securities services such as brokerage, proprietary trading, security borrowing, and lending and investment advisory services. In addition to banking and securities services, the company provides life insurance, health protection, and general insurance products to individuals, institutions, and organizations. The company derives almost all of its revenue domestically.

Thanachart Capital PCL (BKK:TCAP) Headlines

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