Chiang Mai Ram Medical Business PCL (BKK:CMR) Cash-to-Debt : 0.08 (As of Dec. 2023)

View and export this data going back to 1994. Start your Free Trial

What is Chiang Mai Ram Medical Business 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. Chiang Mai Ram Medical Business PCL's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.08.

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, Chiang Mai Ram Medical Business 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 Chiang Mai Ram Medical Business PCL's Cash-to-Debt or its related term are showing as below:

BKK:CMR' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.06 Med: 0.11 Max: 0.2
Current: 0.08

During the past 13 years, Chiang Mai Ram Medical Business PCL's highest Cash to Debt Ratio was 0.20. The lowest was 0.06. And the median was 0.11.

BKK:CMR's Cash-to-Debt is ranked worse than
84.34% of 664 companies
in the Healthcare Providers & Services industry
Industry Median: 0.69 vs BKK:CMR: 0.08

Chiang Mai Ram Medical Business PCL Cash-to-Debt Historical Data

The historical data trend for Chiang Mai Ram Medical Business 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.

* Premium members only.

Chiang Mai Ram Medical Business PCL Cash-to-Debt Chart

Chiang Mai Ram Medical Business PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.17

0.07

0.09

0.06

0.08

Chiang Mai Ram Medical Business 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															0.06	0.07	0.11	0.08	0.08

Competitive Comparison of Chiang Mai Ram Medical Business PCL's Cash-to-Debt

For the Medical Care Facilities subindustry, Chiang Mai Ram Medical Business 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.

Chiang Mai Ram Medical Business PCL's Cash-to-Debt Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Chiang Mai Ram Medical Business PCL's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Chiang Mai Ram Medical Business PCL's Cash-to-Debt falls into.

Chiang Mai Ram Medical Business 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.

Chiang Mai Ram Medical Business PCL'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)
	=	285.429	/	(2204.023	+	1527.941)
	=	0.08

Chiang Mai Ram Medical Business PCL's Cash to Debt Ratio for the quarter 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)
	=	285.429	/	(2204.023	+	1527.941)
	=	0.08

Chiang Mai Ram Medical Business PCL (BKK:CMR) 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.

Chiang Mai Ram Medical Business PCL Cash-to-Debt Related Terms

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

Chiang Mai Ram Medical Business PCL (BKK:CMR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Chiang Mai Ram Medical Business PCL (BKK:CMR) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

1, Sukkasem Road, Nakhon Ping Sub-district, Patan Subdistrict, Mueang District, Chiangmai, THA, 50300

Website

https://www.lanna-hospital.com

Chiang Mai Ram Medical Business PCL is a Thailand-based company. It provides medical services in the nature of General Hospital, Hospital in Social Security, and the national health security office systems. It offers various medical services including a Dental center, X-Ray Mobile for a checkup, CT Multislice, Cardiac Catheterization Center, Back pain center, Gynecologic Cancer center Physical therapy, Operating theatres, Laboratory, Ambulance Services, and Health checkup center, among others. It provides medical services through the Lanna Hospital.

Chiang Mai Ram Medical Business PCL (BKK:CMR) Headlines

No Headlines