Trade-Van Information Services Co (TPE:6183) Cash-to-Debt : 28.49 (As of Mar. 2024)

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What is Trade-Van Information Services 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. Trade-Van Information Services Co's cash to debt ratio for the quarter that ended in Mar. 2024 was 28.49.

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, Trade-Van Information Services Co 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 Trade-Van Information Services Co's Cash-to-Debt or its related term are showing as below:

TPE:6183' s Cash-to-Debt Range Over the Past 10 Years
Min: 20.57 Med: 206.64 Max: 9347.88
Current: 28.49

During the past 13 years, Trade-Van Information Services Co's highest Cash to Debt Ratio was 9347.88. The lowest was 20.57. And the median was 206.64.

TPE:6183's Cash-to-Debt is ranked better than
85.65% of 1059 companies
in the Business Services industry
Industry Median: 1.01 vs TPE:6183: 28.49

Trade-Van Information Services Co Cash-to-Debt Historical Data

The historical data trend for Trade-Van Information Services 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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Trade-Van Information Services Co Cash-to-Debt Chart

Trade-Van Information Services Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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193.23

21.31

37.31

46.05

55.57

Trade-Van Information Services Co 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															43.84	48.74	51.53	55.57	28.49

Competitive Comparison of Trade-Van Information Services Co's Cash-to-Debt

For the Specialty Business Services subindustry, Trade-Van Information Services 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.

Trade-Van Information Services Co's Cash-to-Debt Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Trade-Van Information Services Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Trade-Van Information Services Co's Cash-to-Debt falls into.

Trade-Van Information Services 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.

Trade-Van Information Services 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)
	=	1570.206	/	(15.92	+	12.339)
	=	55.56

Trade-Van Information Services Co'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)
	=	2148.859	/	(23.72	+	51.715)
	=	28.49

Trade-Van Information Services Co (TPE:6183) 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.

Trade-Van Information Services Co Cash-to-Debt Related Terms

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Trade-Van Information Services Co (TPE:6183) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Trade-Van Information Services Co Ltd (TPE:6183) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 19-13, Sanchong Road, 6th Floor, Nangang District, Taipei, TWN, 115

Website

https://www.trade-van.com

Trade-Van Information Services Co Ltd is a Taiwan-based company. The company has only one reportable segment that is providing electronic data exchanging and related services. The group earns revenue in the form of Electronic data exchanging services, project services, and Equipment managing services.

Trade-Van Information Services Co (TPE:6183) Headlines

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