Kyung Dong Navien Co (XKRX:009450) Cash-to-Debt : 0.86 (As of Mar. 2024)

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What is Kyung Dong Navien 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. Kyung Dong Navien Co's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.86.

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, Kyung Dong Navien Co couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

XKRX:009450' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.08 Med: 0.25 Max: 0.88
Current: 0.86

During the past 13 years, Kyung Dong Navien Co's highest Cash to Debt Ratio was 0.88. The lowest was 0.08. And the median was 0.25.

XKRX:009450's Cash-to-Debt is ranked worse than
56.49% of 2926 companies
in the Industrial Products industry
Industry Median: 1.22 vs XKRX:009450: 0.86

Kyung Dong Navien Co Cash-to-Debt Historical Data

The historical data trend for Kyung Dong Navien 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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Kyung Dong Navien Co Cash-to-Debt Chart

Kyung Dong Navien Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.26

0.43

0.41

0.38

0.88

Kyung Dong Navien 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															0.63	0.53	0.52	0.88	0.86

Competitive Comparison of Kyung Dong Navien Co's Cash-to-Debt

For the Specialty Industrial Machinery subindustry, Kyung Dong Navien 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.

Kyung Dong Navien Co's Cash-to-Debt Distribution in the Industrial Products Industry

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

* The bar in red indicates where Kyung Dong Navien Co's Cash-to-Debt falls into.

Kyung Dong Navien 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.

Kyung Dong Navien 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)
	=	101613.841	/	(99486.297	+	16075.016)
	=	0.88

Kyung Dong Navien 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)
	=	152246.609	/	(161716.596	+	16038.455)
	=	0.86

Kyung Dong Navien Co (XKRX:009450) 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.

Kyung Dong Navien Co Cash-to-Debt Related Terms

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Kyung Dong Navien Co (XKRX:009450) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Kyung Dong Navien Co Ltd (XKRX:009450) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

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Address

Gukhoe-daero 76-gil, 2nd-7th floors, 22, Yeongdeungpo-gu, Seoul, KOR

Website

https://www.kdnavien.co.kr

Kyung Dong Navien Co Ltd is one of the leading company in home comfort systems. It is mainly engaged in the manufacturing and distribution of boilers and condensing water heating products. Its product portfolio comprises water heater, air conditioning, home network, zone control system, and climate control. The products are exported to the Europe, China, Russia, North America, South America and Asia Continent Countries.

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