Advanced Information Technology PCL (BKK:AIT-R) Cash-to-Debt : 80.61 (As of Jun. 2024)

View and export this data going back to 2003. Start your Free Trial

What is Advanced Information Technology 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 Information Technology PCL's cash to debt ratio for the quarter that ended in Jun. 2024 was 80.61.

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 Information Technology 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 Information Technology PCL's Cash-to-Debt or its related term are showing as below:

BKK:AIT-R' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.11 Med: 14.94 Max: No Debt
Current: 80.61

During the past 13 years, Advanced Information Technology PCL's highest Cash to Debt Ratio was No Debt. The lowest was 0.11. And the median was 14.94.

BKK:AIT-R's Cash-to-Debt is ranked better than
84.46% of 2800 companies
in the Software industry
Industry Median: 2.34 vs BKK:AIT-R: 80.61

Advanced Information Technology PCL Cash-to-Debt Historical Data

The historical data trend for Advanced Information Technology 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.

* Premium members only.

Advanced Information Technology PCL Cash-to-Debt Chart

Advanced Information Technology PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.48

0.74

48.12

106.48

179.84

Advanced Information Technology 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															77.51	90.70	179.84	193.91	80.61

Competitive Comparison of Advanced Information Technology PCL's Cash-to-Debt

For the Information Technology Services subindustry, Advanced Information Technology 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 Information Technology PCL's Cash-to-Debt Distribution in the Software Industry

For the Software industry and Technology sector, Advanced Information Technology PCL's Cash-to-Debt distribution charts can be found below:

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

Advanced Information Technology 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 Information Technology 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)
	=	1952.157	/	(5.694	+	5.161)
	=	179.84

Advanced Information Technology 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)
	=	1584.492	/	(7.425	+	12.231)
	=	80.61

Advanced Information Technology PCL (BKK:AIT-R) 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 Information Technology PCL Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Advanced Information Technology PCL's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Advanced Information Technology PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Advanced Information Technology PCL (BKK:AIT-R) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

AIT:Thailand

Address

37/2 Suthisarnvinijchai Road, Samsaennok, Huaykwang, Bangkok, THA, 10320

Website

https://www.ait.co.th

Advanced Information Technology PCL is engaged in the sale, design, installation, service, ongoing repair and maintenance, training, lump-sum turnkey for information and communication technology network systems, and the renting of computers and electronic equipment. The company operates in two business segments: Sales and Service and revenue from construction contracts; and Rental of Equipment. The majority of its revenue comes from Sale and Service and Revenue from the construction contracts segment. The company offers its services only to the Thailand region.

Advanced Information Technology PCL Headlines

No Headlines