S&S Healthcare Holding (ROCO:4198) Cash-to-Debt : 1.77 (As of Mar. 2024)

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What is S&S Healthcare Holding 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. S&S Healthcare Holding's cash to debt ratio for the quarter that ended in Mar. 2024 was 1.77.

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, S&S Healthcare Holding 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 S&S Healthcare Holding's Cash-to-Debt or its related term are showing as below:

ROCO:4198' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.25 Med: 1.32 Max: 13.55
Current: 1.77

During the past 13 years, S&S Healthcare Holding's highest Cash to Debt Ratio was 13.55. The lowest was 0.25. And the median was 1.32.

ROCO:4198's Cash-to-Debt is ranked worse than
51.25% of 839 companies
in the Medical Devices & Instruments industry
Industry Median: 1.98 vs ROCO:4198: 1.77

S&S Healthcare Holding Cash-to-Debt Historical Data

The historical data trend for S&S Healthcare Holding'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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S&S Healthcare Holding Cash-to-Debt Chart

S&S Healthcare Holding Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.56

0.68

0.98

0.61

2.26

S&S Healthcare Holding 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															0.43	0.51	0.52	2.26	1.77

Competitive Comparison of S&S Healthcare Holding's Cash-to-Debt

For the Medical Devices subindustry, S&S Healthcare Holding'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.

S&S Healthcare Holding's Cash-to-Debt Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, S&S Healthcare Holding's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where S&S Healthcare Holding's Cash-to-Debt falls into.

S&S Healthcare Holding 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.

S&S Healthcare Holding'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)
	=	198.989	/	(11.528	+	76.549)
	=	2.26

S&S Healthcare Holding'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)
	=	165.275	/	(21.347	+	72.318)
	=	1.76

S&S Healthcare Holding (ROCO:4198) 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.

S&S Healthcare Holding Cash-to-Debt Related Terms

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S&S Healthcare Holding (ROCO:4198) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » S&S Healthcare Holding Ltd (ROCO:4198) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

7th Floor, Number 89, Xinhu 1st Road, Taipei, TWN, 114

Website

http://www.swissray.com

S&S Healthcare Holding Ltd, formerly Swissray Global Healthcare Holding Ltd is involved in providing DR systems designed for any application in general radiography. The product divisions of the company cover Swissray DDR systems, Novadaq, and EZ2GO. The main business projects of the company and its subsidiaries are the research and development, manufacturing, sales, and maintenance services of high-end medical equipment and the manufacturing and sales of basic medical equipment.

S&S Healthcare Holding (ROCO:4198) Headlines

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