Fic Global (TPE:3701) Cash-to-Debt : 2.77 (As of Mar. 2024)

View and export this data going back to 2004. Start your Free Trial

What is Fic Global 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. Fic Global's cash to debt ratio for the quarter that ended in Mar. 2024 was 2.77.

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

TPE:3701' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.47 Med: 1.06 Max: 2.77
Current: 2.77

During the past 13 years, Fic Global's highest Cash to Debt Ratio was 2.77. The lowest was 0.47. And the median was 1.06.

TPE:3701's Cash-to-Debt is ranked better than
63.18% of 2474 companies
in the Hardware industry
Industry Median: 1.34 vs TPE:3701: 2.77

Fic Global Cash-to-Debt Historical Data

The historical data trend for Fic Global'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.

Fic Global Cash-to-Debt Chart

Fic Global Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

1.36

1.66

1.56

1.57

2.52

Fic Global 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															1.57	1.30	1.78	2.52	2.77

Competitive Comparison of Fic Global's Cash-to-Debt

For the Computer Hardware subindustry, Fic Global'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.

Fic Global's Cash-to-Debt Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Fic Global's Cash-to-Debt distribution charts can be found below:

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

Fic Global 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.

Fic Global'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)
	=	2976.997	/	(262.964	+	919.945)
	=	2.52

Fic Global'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)
	=	3196.144	/	(273.332	+	879.434)
	=	2.77

Fic Global (TPE:3701) 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.

Fic Global Cash-to-Debt Related Terms

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

Fic Global (TPE:3701) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Fic Global Inc (TPE:3701) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-9f., No.300, Sunshine Street, Neihu district, Taipei, TWN

Website

https://www.ficg.com.tw

Fic Global Inc is an investment holding company. It focuses on three industries such as EMS, Information Technology, and System Integration. The company is engaged in the manufacturing of motherboards, graphics cards notebooks, peripherals as well as PCBs and PCB assemblies.

Fic Global (TPE:3701) Headlines

No Headlines