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AVATEC Co (XKRX:149950) Cash-to-Debt : No Debt (1) (As of Mar. 2024)


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What is AVATEC 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. AVATEC Co's cash to debt ratio for the quarter that ended in Mar. 2024 was No Debt (1).

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, AVATEC Co could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

(1) 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.

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

XKRX:149950' s Cash-to-Debt Range Over the Past 10 Years
Min: 11.64   Med: No Debt   Max: No Debt
Current: No Debt

During the past 12 years, AVATEC Co's highest Cash to Debt Ratio was No Debt. The lowest was 11.64. And the median was No Debt.

XKRX:149950's Cash-to-Debt is ranked better than
99.75% of 2374 companies
in the Hardware industry
Industry Median: 1.34 vs XKRX:149950: No Debt

AVATEC Co Cash-to-Debt Historical Data

The historical data trend for AVATEC 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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AVATEC Co Cash-to-Debt Chart

AVATEC Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt No Debt

AVATEC 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of AVATEC Co's Cash-to-Debt

For the Electronic Components subindustry, AVATEC 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.


AVATEC Co's Cash-to-Debt Distribution in the Hardware Industry

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

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



AVATEC 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.

AVATEC Co's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

AVATEC Co had no debt (1).

AVATEC Co's Cash to Debt Ratio for the quarter that ended in Mar. 2024 is calculated as:

AVATEC Co had no debt (1).

* 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.


AVATEC Co  (XKRX:149950) 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.


AVATEC Co Cash-to-Debt Related Terms

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AVATEC Co (XKRX:149950) Business Description

Traded in Other Exchanges
N/A
Address
100 Dalseodaero 85-gil, Dalseo-gu, Daegu, KOR, 704-240
AVATEC Co Ltd is engaged in manufacturing of electronic components and liquid crystal display components. It has etching/ITO coating, tempered glass, touch panel, and coating businesses. Its products include tempered glasses, thin film coating products, anti-reflection, and AF coating glass products, automotive window/room mirror coating; EMI filter glass products; high reflection mirrors, copy machines, and scanners or optics related components; and low emissivity glass products.

AVATEC Co (XKRX:149950) Headlines

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