UG Healthcare (SGX:8K7) Cash-to-Debt : 1.59 (As of Dec. 2023)

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What is UG Healthcare 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. UG Healthcare's cash to debt ratio for the quarter that ended in Dec. 2023 was 1.59.

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, UG Healthcare could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

SGX:8K7' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.1 Med: 0.53 Max: 6.06
Current: 1.59

During the past 10 years, UG Healthcare's highest Cash to Debt Ratio was 6.06. The lowest was 0.10. And the median was 0.53.

SGX:8K7's Cash-to-Debt is ranked worse than
52.49% of 863 companies
in the Medical Devices & Instruments industry
Industry Median: 1.91 vs SGX:8K7: 1.59

UG Healthcare Cash-to-Debt Historical Data

The historical data trend for UG Healthcare'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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UG Healthcare Cash-to-Debt Chart

UG Healthcare Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

Get a 7-Day Free Trial

0.13

0.26

4.09

5.57

1.98

UG Healthcare Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															6.06	5.57	3.28	1.98	1.59

Competitive Comparison of UG Healthcare's Cash-to-Debt

For the Medical Instruments & Supplies subindustry, UG Healthcare'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.

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

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

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

UG Healthcare 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.

UG Healthcare's Cash to Debt Ratio for the fiscal year that ended in Jun. 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)
	=	61.745	/	(16.719	+	14.408)
	=	1.98

UG Healthcare'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)
	=	45.128	/	(13.854	+	14.605)
	=	1.59

UG Healthcare (SGX:8K7) 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.

UG Healthcare Cash-to-Debt Related Terms

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UG Healthcare (SGX:8K7) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » UG Healthcare Corp Ltd (SGX:8K7) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 North Bridge Road, No 06-15 High Street Centre, Singapore, SGP, 179094

Website

https://www.ughealthcarecorporation.com

UG Healthcare Corp Ltd is a rubber gloves manufacturer. The company manufactures and distributes products under the Unigloves brand as well as Original Equipment Manufacturer (OEM). The company's business segments are latex examination gloves, nitrile examination gloves, and other ancillary products. It also offers vinyl gloves, surgical gloves and cleanroom gloves, face masks, and other medical disposables. It has two manufacturing plants located in Seremban, Malaysia. Its gloves are used in medical and healthcare, food and beverage, R&D, Industrials and beauty industry. It has a geographical presence with the majority of the revenue generated from Europe.

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