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Bangkok Life Assurance PCL (BKK:BLA) Cash-to-Debt : No Debt (1) (As of Mar. 2024)


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What is Bangkok Life Assurance 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. Bangkok Life Assurance PCL'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, Bangkok Life Assurance PCL 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 Bangkok Life Assurance PCL's Cash-to-Debt or its related term are showing as below:

BKK:BLA' s Cash-to-Debt Range Over the Past 10 Years
Min: No Debt   Med: No Debt   Max: No Debt
Current: No Debt

During the past 13 years, Bangkok Life Assurance PCL's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

BKK:BLA's Cash-to-Debt is ranked better than
99.58% of 478 companies
in the Insurance industry
Industry Median: 1.885 vs BKK:BLA: No Debt

Bangkok Life Assurance PCL Cash-to-Debt Historical Data

The historical data trend for Bangkok Life Assurance 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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Bangkok Life Assurance PCL Cash-to-Debt Chart

Bangkok Life Assurance PCL 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

Bangkok Life Assurance PCL 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 Bangkok Life Assurance PCL's Cash-to-Debt

For the Insurance - Life subindustry, Bangkok Life Assurance 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.


Bangkok Life Assurance PCL's Cash-to-Debt Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Bangkok Life Assurance PCL's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Bangkok Life Assurance PCL's Cash-to-Debt falls into.



Bangkok Life Assurance PCL Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents 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.

Bangkok Life Assurance PCL's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Bangkok Life Assurance PCL had no debt (1).

Bangkok Life Assurance PCL's Cash to Debt Ratio for the quarter that ended in Mar. 2024 is calculated as:

Bangkok Life Assurance PCL 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.


Bangkok Life Assurance PCL  (BKK:BLA) 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.


Bangkok Life Assurance PCL Cash-to-Debt Related Terms

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


Bangkok Life Assurance PCL (BKK:BLA) Business Description

Traded in Other Exchanges
Address
No. 1415, Krungthep - Nonthaburi Road, Wongsawang, Bangsue District, Bangkok, THA, 10800
Bangkok Life Assurance PCL is a Thai financial services group engaged in life insurance services. Its product portfolio contains life insurance, general insurance, mutual funds, home loans, and bancassurance products. The company serves both individuals and corporates. Life insurance offers the following services: tax planning, income protection, saving and investment, retirement plans, healthcare plans, and risk protection plans. The general insurance includes personal insurance and business all-risks insurance. The bancassurance products include credit protection insurance and retirement insurance. The mutual fund segment is quite diverse: equity fund, long-term equity fund, mixed fund, foreign investment fund, fixed-income fund, ETF, money market fund, and others.

Bangkok Life Assurance PCL (BKK:BLA) Headlines

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