Asia Fiber PCL (BKK:AFC-F) Cash-to-Debt : 1.41 (As of Mar. 2024)

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What is Asia Fiber 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. Asia Fiber PCL's cash to debt ratio for the quarter that ended in Mar. 2024 was 1.41.

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

BKK:AFC-F' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.4 Med: 946.4 Max: No Debt
Current: 1.41

During the past 13 years, Asia Fiber PCL's highest Cash to Debt Ratio was No Debt. The lowest was 0.40. And the median was 946.40.

BKK:AFC-F's Cash-to-Debt is ranked better than
69.23% of 1027 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.49 vs BKK:AFC-F: 1.41

Asia Fiber PCL Cash-to-Debt Historical Data

The historical data trend for Asia Fiber 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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Asia Fiber PCL Cash-to-Debt Chart

Asia Fiber PCL Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

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1,862.69

4.50

3.15

0.95

1.06

Asia Fiber PCL 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															0.75	1.06	0.87	0.79	1.41

Competitive Comparison of Asia Fiber PCL's Cash-to-Debt

For the Textile Manufacturing subindustry, Asia Fiber 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.

Asia Fiber PCL's Cash-to-Debt Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Asia Fiber PCL's Cash-to-Debt distribution charts can be found below:

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

Asia Fiber PCL 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.

Asia Fiber PCL's Cash to Debt Ratio for the fiscal year that ended in Jun. 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)
	=	104.163	/	(85.519	+	13.172)
	=	1.06

Asia Fiber PCL'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)
	=	88.386	/	(51.505	+	11.292)
	=	1.41

Asia Fiber PCL (BKK:AFC-F) 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.

Asia Fiber PCL Cash-to-Debt Related Terms

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

Asia Fiber PCL (BKK:AFC-F) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Asia Fiber PCL (BKK:AFC-F) » Definitions » Cash-to-Debt

Traded in Other Exchanges

AFC:Thailand

Address

33/133-136 Surawongse Road, 27th Floor, Wall Street Tower, Suriyawongse, Bangrak, Bangkok, THA, 10500

Website

https://www.asiafiber.com

Asia Fiber PCL is a manufacturer of nylon products in Thailand. The company's operating segment include Nylon Chip; Filament yarn; Textured Yarn and Other includes Sale Grey Fabric, Dyed and Finished Fabric, and other services. It generates maximum revenue from the Nylon Chip segment. The company derives a majority of revenue from export business.

Asia Fiber PCL (BKK:AFC-F) Headlines

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