XAC Automation (ROCO:5490) Cash-to-Debt : 22.96 (As of Mar. 2024)

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What is XAC Automation 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. XAC Automation's cash to debt ratio for the quarter that ended in Mar. 2024 was 22.96.

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, XAC Automation 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 XAC Automation's Cash-to-Debt or its related term are showing as below:

ROCO:5490' s Cash-to-Debt Range Over the Past 10 Years
Min: 12.11 Med: 43.7 Max: No Debt
Current: 22.96

During the past 13 years, XAC Automation's highest Cash to Debt Ratio was No Debt. The lowest was 12.11. And the median was 43.70.

ROCO:5490's Cash-to-Debt is ranked better than
83.43% of 3006 companies
in the Industrial Products industry
Industry Median: 1.175 vs ROCO:5490: 22.96

XAC Automation Cash-to-Debt Historical Data

The historical data trend for XAC Automation'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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XAC Automation Cash-to-Debt Chart

XAC Automation Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

30.33

33.59

12.11

17.29

21.01

XAC Automation 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															17.76	20.35	21.66	21.01	22.96

Competitive Comparison of XAC Automation's Cash-to-Debt

For the Business Equipment & Supplies subindustry, XAC Automation'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.

XAC Automation's Cash-to-Debt Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, XAC Automation's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where XAC Automation's Cash-to-Debt falls into.

XAC Automation 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.

XAC Automation'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)
	=	871.777	/	(11.864	+	29.621)
	=	21.01

XAC Automation'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)
	=	900.858	/	(11.998	+	27.245)
	=	22.96

XAC Automation (ROCO:5490) 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.

XAC Automation Cash-to-Debt Related Terms

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XAC Automation (ROCO:5490) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » XAC Automation Corp (ROCO:5490) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

4F., No. 30 Industry E. Road IX, Science-Based Industrial Park, Hsin-Chu, TWN, 300

Website

https://www.xac.com.tw

XAC Automation Corp is a research and development, and manufacturing company. It focuses on delivering commerce specific solutions to the payment industry. The company develops, manufactures and markets transaction automation products. Its key products include EFTPOS terminal, pinpad, mPOS, customer facing device, integrated POS for handheld and desktop use cases, and for unattended outdoor payment modules.

XAC Automation (ROCO:5490) Headlines

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