Salee Colour (BKK:COLOR) Cash-to-Debt : 0.05 (As of Mar. 2024)

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What is Salee Colour 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. Salee Colour's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.05.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Salee Colour couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

BKK:COLOR' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.05 Max: 0.13
Current: 0.05

During the past 13 years, Salee Colour's highest Cash to Debt Ratio was 0.13. The lowest was 0.02. And the median was 0.05.

BKK:COLOR's Cash-to-Debt is ranked worse than
93.37% of 1509 companies
in the Chemicals industry
Industry Median: 0.74 vs BKK:COLOR: 0.05

Salee Colour Cash-to-Debt Historical Data

The historical data trend for Salee Colour'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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Salee Colour Cash-to-Debt Chart

Salee Colour Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.03

0.08

0.04

0.05

0.13

Salee Colour 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															0.08	0.08	0.08	0.13	0.05

Competitive Comparison of Salee Colour's Cash-to-Debt

For the Specialty Chemicals subindustry, Salee Colour'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.

Salee Colour's Cash-to-Debt Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Salee Colour's Cash-to-Debt distribution charts can be found below:

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

Salee Colour 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.

Salee Colour'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)
	=	54.985	/	(340.117	+	89.158)
	=	0.13

Salee Colour's Cash to Debt Ratio for the quarter that ended in Mar. 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)
	=	18.67	/	(310.9	+	50.682)
	=	0.05

Salee Colour (BKK:COLOR) 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.

Salee Colour Cash-to-Debt Related Terms

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

Salee Colour (BKK:COLOR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Salee Colour PLC (BKK:COLOR) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 858 Moo 2 Soi 1C/1, Bangpu Industrial Estate, Bangpumai, Muang Samutprakan, Samutprakan, THA, 10280

Website

https://www.saleecolour.com

Salee Colour PLC is principally engaged in the manufacture and distribution of pigment pellets and pigment powders. It manufactures high concentration color and additive masterbatch, ready to use the compound for serving all thermoplastic processes and applications. The company's operating segment includes Manufacturing and distribution of masterbatch and compound; Services render of manufacturing of masterbatch and compound; Manufacturing and distribution of fabricated plastic; Distribution of solar energy system parts and Solar energy system installation service.

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