Health Empire (BKK:HEALTH) Cash-to-Debt : 5.64 (As of Mar. 2024)

View and export this data going back to 2004. Start your Free Trial

What is Health Empire 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. Health Empire's cash to debt ratio for the quarter that ended in Mar. 2024 was 5.64.

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, Health Empire could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

BKK:HEALTH' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.03 Med: 0.92 Max: No Debt
Current: 5.64

During the past 13 years, Health Empire's highest Cash to Debt Ratio was No Debt. The lowest was 0.03. And the median was 0.92.

BKK:HEALTH's Cash-to-Debt is ranked better than
85.28% of 1107 companies
in the Retail - Cyclical industry
Industry Median: 0.46 vs BKK:HEALTH: 5.64

Health Empire Cash-to-Debt Historical Data

The historical data trend for Health Empire'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.

Health Empire Cash-to-Debt Chart

Health Empire Annual Data

Trend

Dec13

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

3.53

0.05

0.72

0.20

0.12

Health Empire 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															0.14	0.08	0.13	0.12	5.64

Competitive Comparison of Health Empire's Cash-to-Debt

For the Specialty Retail subindustry, Health Empire'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.

Health Empire's Cash-to-Debt Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Health Empire's Cash-to-Debt distribution charts can be found below:

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

Health Empire 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.

Health Empire'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)
	=	3.395	/	(16.908	+	10.804)
	=	0.12

Health Empire'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)
	=	153.644	/	(19.998	+	7.243)
	=	5.64

Health Empire (BKK:HEALTH) 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.

Health Empire Cash-to-Debt Related Terms

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

Health Empire (BKK:HEALTH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Health Empire Corp PLC (BKK:HEALTH) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rama 9 Road, 20th Floor, Room No., Office 2, No. 51 Major Tower Rama 9 - Ramkhamhaeng, Hua Mak Sub-District, Bangkapi District, Bangkok, THA, 10240

Website

https://www.hempcorp.co.th

Health Empire Corp PLC, formerly MPG Corporation PCL is engaged in wholesale, retail, distribution, import, export, production, contract production, and distribution of medication, modern medicine, traditional medicine, Thai traditional medicine, herbal medicine, herbal products, chemicals, medical supplies, pharmaceutical products, cosmeceutical products, medical equipment, health and beauty products, cosmetics, beauty products, personal hygiene products, dietary supplements, vitamins, minerals, food and beverage for dietary. Geographically, all the operations function through the regions of Thailand.

Health Empire (BKK:HEALTH) Headlines

No Headlines