KCE Electronics PCL (BKK:KCE) Cash-to-Debt : 1.49 (As of Mar. 2024)

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What is KCE Electronics 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. KCE Electronics PCL's cash to debt ratio for the quarter that ended in Mar. 2024 was 1.49.

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, KCE Electronics PCL 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 KCE Electronics PCL's Cash-to-Debt or its related term are showing as below:

BKK:KCE' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.08 Med: 0.39 Max: 1
Current: 0.79

During the past 13 years, KCE Electronics PCL's highest Cash to Debt Ratio was 1.00. The lowest was 0.08. And the median was 0.39.

BKK:KCE's Cash-to-Debt is ranked worse than
62.7% of 2472 companies
in the Hardware industry
Industry Median: 1.36 vs BKK:KCE: 0.79

KCE Electronics PCL Cash-to-Debt Historical Data

The historical data trend for KCE Electronics 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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KCE Electronics PCL Cash-to-Debt Chart

KCE Electronics PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.47

1.00

0.68

0.30

0.79

KCE Electronics 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															0.54	0.43	0.49	0.79	1.49

Competitive Comparison of KCE Electronics PCL's Cash-to-Debt

For the Electronic Components subindustry, KCE Electronics 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.

KCE Electronics PCL's Cash-to-Debt Distribution in the Hardware Industry

For the Hardware industry and Technology sector, KCE Electronics PCL's Cash-to-Debt distribution charts can be found below:

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

KCE Electronics 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.

KCE Electronics 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)
	=	1766.784	/	(1712.127	+	515.1)
	=	0.79

KCE Electronics PCL'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)
	=	2054.876	/	(933.642	+	447.762)
	=	1.49

KCE Electronics PCL (BKK:KCE) 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.

KCE Electronics PCL Cash-to-Debt Related Terms

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KCE Electronics PCL (BKK:KCE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » KCE Electronics PCL (BKK:KCE) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

KCEA:Germany

Address

No. 72-72/1-3 Soi Chalongkrung 31, Kwang Lumplatew, Khet Lat Krabang, Bangkok, THA, 10520

Website

https://www.kce.co.th

KCE Electronics PCL and its subsidiaries manufacture and distribute printed circuit boards. The company is based in Thailand but earns most of its revenue internationally. The company manufactures printed circuit boards that are used in a variety of industries, including automotive, computer, industrial, and telecommunications systems. The company also manufactures and distributes chemicals and laminate products. The majority of the company's revenue is earned in Europe.