Taiwan Kong King Co (ROCO:3093) Cash-to-Debt : 215.59 (As of Mar. 2024)

View and export this data going back to 2005. Start your Free Trial

What is Taiwan Kong King Co 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. Taiwan Kong King Co's cash to debt ratio for the quarter that ended in Mar. 2024 was 215.59.

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, Taiwan Kong King Co 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 Taiwan Kong King Co's Cash-to-Debt or its related term are showing as below:

ROCO:3093' s Cash-to-Debt Range Over the Past 10 Years
Min: 7.49 Med: 659.5 Max: 29907.13
Current: 215.59

During the past 13 years, Taiwan Kong King Co's highest Cash to Debt Ratio was 29907.13. The lowest was 7.49. And the median was 659.50.

ROCO:3093's Cash-to-Debt is ranked better than
94.06% of 2473 companies
in the Hardware industry
Industry Median: 1.35 vs ROCO:3093: 215.59

Taiwan Kong King Co Cash-to-Debt Historical Data

The historical data trend for Taiwan Kong King Co'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.

Taiwan Kong King Co Cash-to-Debt Chart

Taiwan Kong King Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

128.03

668.06

30.94

136.67

248.78

Taiwan Kong King Co 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															106.30	166.47	74.02	248.78	215.59

Competitive Comparison of Taiwan Kong King Co's Cash-to-Debt

For the Electronic Components subindustry, Taiwan Kong King Co'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.

Taiwan Kong King Co's Cash-to-Debt Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Taiwan Kong King Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Taiwan Kong King Co's Cash-to-Debt falls into.

Taiwan Kong King Co 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.

Taiwan Kong King Co'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)
	=	961.765	/	(2.402	+	1.464)
	=	248.78

Taiwan Kong King Co'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)
	=	870.555	/	(3.192	+	0.846)
	=	215.59

Taiwan Kong King Co (ROCO:3093) 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.

Taiwan Kong King Co Cash-to-Debt Related Terms

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

Taiwan Kong King Co (ROCO:3093) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Taiwan Kong King Co Ltd (ROCO:3093) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

5F.-1, No.66, Nan Kan Road, Sec. 2, Luzhu District, Taoyuan, TWN, 338

Website

https://www.tkk.com.tw

Taiwan Kong King Co Ltd is an agent for electronics-related manufacturers in Taiwan and China. The company's products include PCB, SMT, semiconductor, solar, LED, optoelectronic communication, and chemical material, and also provides equipment technical services. The company operates in four segments; Customer Service Segment, Electronics Segment, PCB Segment, and Production Segment. PCB segment involves marketing for PCB equipment and materials, market research, business activities, market development plans, and implementation and contributes to the majority of the company's revenue.

Taiwan Kong King Co (ROCO:3093) Headlines

No Headlines