Walrus Pump Co (ROCO:6982) Cash-to-Debt : 0.25 (As of Dec. 2023)

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What is Walrus Pump 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. Walrus Pump Co's cash to debt ratio for the quarter that ended in Dec. 2023 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, Walrus Pump Co couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

The historical rank and industry rank for Walrus Pump Co's Cash-to-Debt or its related term are showing as below:

ROCO:6982' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.17 Med: 0.22 Max: 0.25
Current: 0.25

During the past 3 years, Walrus Pump Co's highest Cash to Debt Ratio was 0.25. The lowest was 0.17. And the median was 0.22.

ROCO:6982's Cash-to-Debt is ranked worse than
81.45% of 2997 companies
in the Industrial Products industry
Industry Median: 1.23 vs ROCO:6982: 0.25

Walrus Pump Co Cash-to-Debt Historical Data

The historical data trend for Walrus Pump 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.

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Walrus Pump Co Cash-to-Debt Chart

Walrus Pump Co Annual Data

Trend

Dec21

Dec22

Dec23

Cash-to-Debt

0.17

0.22

0.25

Walrus Pump Co Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	0.17	N/A	0.22	0.32	0.25

Competitive Comparison of Walrus Pump Co's Cash-to-Debt

For the Specialty Industrial Machinery subindustry, Walrus Pump 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.

Walrus Pump Co's Cash-to-Debt Distribution in the Industrial Products Industry

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

* The bar in red indicates where Walrus Pump Co's Cash-to-Debt falls into.

Walrus Pump 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.

Walrus Pump 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)
	=	272.363	/	(513.087	+	581.054)
	=	0.25

Walrus Pump Co's Cash to Debt Ratio for the quarter 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)
	=	272.363	/	(513.087	+	581.054)
	=	0.25

Walrus Pump Co (ROCO:6982) 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.

Walrus Pump Co Cash-to-Debt Related Terms

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Walrus Pump Co (ROCO:6982) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Walrus Pump Co Ltd (ROCO:6982) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 83-14, Dapiantou, Sanzhi District, New Taipei, TWN, 252002

Website

https://www.walruspump.com

Walrus Pump Co Ltd is a company engaged in the design, research and development, manufacturing, sales and services in the field of water pumps. It has manufacturing bases in Taipei and Kaohsiung, Taiwan, and Suzhou, China.

Walrus Pump Co (ROCO:6982) Headlines

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