Sri Trang Agro-Industry (BKK:STA-R) Cash-to-Debt : 0.25 (As of Mar. 2024)

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What is Sri Trang Agro-Industry 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. Sri Trang Agro-Industry's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.25.

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, Sri Trang Agro-Industry 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 Sri Trang Agro-Industry's Cash-to-Debt or its related term are showing as below:

BKK:STA-R' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.05 Med: 0.14 Max: 0.94
Current: 0.25

During the past 13 years, Sri Trang Agro-Industry's highest Cash to Debt Ratio was 0.94. The lowest was 0.05. And the median was 0.14.

BKK:STA-R's Cash-to-Debt is ranked worse than
73.96% of 1509 companies
in the Chemicals industry
Industry Median: 0.74 vs BKK:STA-R: 0.25

Sri Trang Agro-Industry Cash-to-Debt Historical Data

The historical data trend for Sri Trang Agro-Industry'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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Sri Trang Agro-Industry Cash-to-Debt Chart

Sri Trang Agro-Industry Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.08

0.82

0.56

0.33

Sri Trang Agro-Industry 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															0.56	0.70	0.61	0.33	0.25

Competitive Comparison of Sri Trang Agro-Industry's Cash-to-Debt

For the Specialty Chemicals subindustry, Sri Trang Agro-Industry'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.

Sri Trang Agro-Industry's Cash-to-Debt Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Sri Trang Agro-Industry's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Sri Trang Agro-Industry's Cash-to-Debt falls into.

Sri Trang Agro-Industry 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.

Sri Trang Agro-Industry'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)
	=	12199.365	/	(10305.07	+	27114.616)
	=	0.33

Sri Trang Agro-Industry'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)
	=	11054.611	/	(19599.249	+	24493.513)
	=	0.25

Sri Trang Agro-Industry (BKK:STA-R) 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.

Sri Trang Agro-Industry Cash-to-Debt Related Terms

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

Sri Trang Agro-Industry (BKK:STA-R) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Sri Trang Agro-Industry PLC (BKK:STA-R) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

STA:Thailand NC2:Singapore YTAA:Germany

Address

10 Soi 10, Phetkasem Road, Hat Yai, Songkhla, THA, 90110

Website

https://www.sritranggroup.com

Sri Trang Agro-Industry PLC generates the vast majority of its revenue through the production and distribution of rubber and latex products. These products are used in the tire, automotive, and adhesive industries. The company produces rubber gloves that are used for medical and industrial purposes, while also specializing in high-pressure hydraulic hoses used for industrial and mining operations. Sri Trang Agro-Industry's primary processing facilities operate in Thailand, Indonesia, and Myanmar. The company's products are distributed in several countries including China, Singapore, Thailand, Indonesia, the United States, and Vietnam.

Sri Trang Agro-Industry (BKK:STA-R) Headlines

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