Foxconn Technology Co (Foxconn Technology Co) Cash-to-Debt : 5.30 (As of Dec. 2023)

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What is Foxconn Technology 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. Foxconn Technology Co's cash to debt ratio for the quarter that ended in Dec. 2023 was 5.30.

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, Foxconn Technology Co 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 Foxconn Technology Co's Cash-to-Debt or its related term are showing as below:

FXCOF' s Cash-to-Debt Range Over the Past 10 Years
Min: 2.55 Med: 4.88 Max: 256.49
Current: 5.3

During the past 13 years, Foxconn Technology Co's highest Cash to Debt Ratio was 256.49. The lowest was 2.55. And the median was 4.88.

FXCOF's Cash-to-Debt is ranked better than
71.35% of 2471 companies
in the Hardware industry
Industry Median: 1.38 vs FXCOF: 5.30

Foxconn Technology Co Cash-to-Debt Historical Data

The historical data trend for Foxconn Technology 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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Foxconn Technology Co Cash-to-Debt Chart

Foxconn Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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4.61

4.68

3.65

7.99

5.30

Foxconn Technology Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															7.99	7.52	7.95	5.52	5.30

Competitive Comparison of Foxconn Technology Co's Cash-to-Debt

For the Electronics & Computer Distribution subindustry, Foxconn Technology 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.

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

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

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

Foxconn Technology 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.

Foxconn Technology 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)
	=	1847.035	/	(337.155	+	11.54)
	=	5.30

Foxconn Technology Co'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)
	=	1847.035	/	(337.155	+	11.54)
	=	5.30

Foxconn Technology Co (OTCPK:FXCOF) 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.

Foxconn Technology Co Cash-to-Debt Related Terms

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Foxconn Technology Co (Foxconn Technology Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Foxconn Technology Co Ltd (OTCPK:FXCOF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

2354:Taiwan

Address

No. 3-2, Zhongshan Road, Tucheng District, Taipei, TWN

Website

https://www.foxconntech.com.tw

Foxconn Technology Co Ltd along with its subsidiaries is engaged in manufacturing, processing, and sales of case, heat dissipation modules, and consumer electronics products. The firm's operating segments include Trading services of electronic products and Manufacturing and sales of mechanical components. It generates a majority of its revenue from the Electronic product trading segment. Geographically, the company operates in China, Japan, Taiwan, USA, and others. It generates a majority of its revenue from Japan followed by China.