Well Graded Engineering PCL (BKK:WGE) Cash-to-Debt : 0.25 (As of Mar. 2024)

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What is Well Graded Engineering 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. Well Graded Engineering PCL'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, Well Graded Engineering PCL 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 Well Graded Engineering PCL's Cash-to-Debt or its related term are showing as below:

BKK:WGE' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.26 Med: 1.57 Max: 6.02
Current: 0.26

During the past 5 years, Well Graded Engineering PCL's highest Cash to Debt Ratio was 6.02. The lowest was 0.26. And the median was 1.57.

BKK:WGE's Cash-to-Debt is ranked worse than
70.87% of 1675 companies
in the Construction industry
Industry Median: 0.63 vs BKK:WGE: 0.26

Well Graded Engineering PCL Cash-to-Debt Historical Data

The historical data trend for Well Graded Engineering 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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Well Graded Engineering PCL Cash-to-Debt Chart

Well Graded Engineering PCL Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

5.44

6.02

1.57

0.45

0.26

Well Graded Engineering PCL Quarterly Data
	Jun19	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														0.43	0.48	0.72	0.26	0.25

Competitive Comparison of Well Graded Engineering PCL's Cash-to-Debt

For the Engineering & Construction subindustry, Well Graded Engineering 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.

Well Graded Engineering PCL's Cash-to-Debt Distribution in the Construction Industry

For the Construction industry and Industrials sector, Well Graded Engineering PCL's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Well Graded Engineering PCL's Cash-to-Debt falls into.

Well Graded Engineering 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.

Well Graded Engineering 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)
	=	104.282	/	(355.646	+	49.813)
	=	0.26

Well Graded Engineering 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)
	=	105.52	/	(418.979	+	8.538)
	=	0.25

Well Graded Engineering PCL (BKK:WGE) 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.

Well Graded Engineering PCL Cash-to-Debt Related Terms

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Well Graded Engineering PCL (BKK:WGE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Well Graded Engineering PCL (BKK:WGE) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

50/1203 Moo 9, Bangpood, Pakkred, Nonthaburi, THA, 11120

Website

https://www.well-graded.com

Well Graded Engineering PCL is an engineering and construction company. The company is engaged in the business of construction work services and consultants for the design and supervision of construction, engineering, and architecture works. Its projects portfolio includes High Rise Condo; Low Rise Condo; Office Building; Hospital; Sales Gallery; Community Mall; an Interior; Factory; Public Utility System; and Renovate.

Well Graded Engineering PCL (BKK:WGE) Headlines

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