Advanced Connection PCL (BKK:ACC) Cash-to-Debt : 1.31 (As of Jun. 2024)

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What is Advanced Connection PCL 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. Advanced Connection PCL's cash to debt ratio for the quarter that ended in Jun. 2024 was 1.31.

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, Advanced Connection PCL could pay off its debt using the cash in hand for the quarter that ended in Jun. 2024.

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

BKK:ACC' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.04 Med: 0.53 Max: No Debt
Current: 1.31

During the past 13 years, Advanced Connection PCL's highest Cash to Debt Ratio was No Debt. The lowest was 0.04. And the median was 0.53.

BKK:ACC's Cash-to-Debt is ranked better than
69.22% of 536 companies
in the Conglomerates industry
Industry Median: 0.475 vs BKK:ACC: 1.31

Advanced Connection PCL Cash-to-Debt Historical Data

The historical data trend for Advanced Connection PCL'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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Advanced Connection PCL Cash-to-Debt Chart

Advanced Connection PCL Annual Data

Trend

Jul14

Jul15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.44

0.06

0.54

11.24

4.59

Advanced Connection PCL Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Cash-to-Debt	Get a 7-Day Free Trial															7.10	5.70	4.59	2.43	1.31

Competitive Comparison of Advanced Connection PCL's Cash-to-Debt

For the Conglomerates subindustry, Advanced Connection PCL'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.

Advanced Connection PCL's Cash-to-Debt Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Advanced Connection PCL's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Advanced Connection PCL's Cash-to-Debt falls into.

Advanced Connection PCL 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.

Advanced Connection PCL'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)
	=	207.152	/	(16.633	+	28.527)
	=	4.59

Advanced Connection PCL's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	56.269	/	(8.14	+	34.989)
	=	1.30

Advanced Connection PCL (BKK:ACC) 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.

Advanced Connection PCL Cash-to-Debt Related Terms

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Advanced Connection PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Advanced Connection Corp PCL (BKK:ACC) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rama 4 Road, 944 Mitrtown Office Tower, 16th Floor, Wangmai Pathumwan, Bangkok, THA, 10250

Website

https://www.acc-plc.com

Advanced Connection Corp PCL is engaged in manufacturing and distributing ceiling fans, renting property, banquets, and restaurants, property development, investment in alternative energy, and financing. The company's activities are; investment in renewable energy, real estate development, distribution, rental, lending and asset management, construction business, and commercial hemp business. Its business segments are; Construction contracts, Property development, Financing, Alternative energy, Trading, and Hemp and marijuana.