KT Medical Service PCL (BKK:KTMS) Cash-to-Debt : 2.42 (As of Sep. 2023)

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What is KT Medical Service 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. KT Medical Service PCL's cash to debt ratio for the quarter that ended in Sep. 2023 was 2.42.

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, KT Medical Service PCL could pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

The historical rank and industry rank for KT Medical Service PCL's Cash-to-Debt or its related term are showing as below:

BKK:KTMS' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.06 Med: 2.28 Max: 2.98
Current: 2.42

During the past 3 years, KT Medical Service PCL's highest Cash to Debt Ratio was 2.98. The lowest was 0.06. And the median was 2.28.

BKK:KTMS's Cash-to-Debt is ranked better than
70.78% of 664 companies
in the Healthcare Providers & Services industry
Industry Median: 0.69 vs BKK:KTMS: 2.42

KT Medical Service PCL Cash-to-Debt Historical Data

The historical data trend for KT Medical Service 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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KT Medical Service PCL Cash-to-Debt Chart

KT Medical Service PCL Annual Data

Trend

Dec20

Dec21

Dec22

Cash-to-Debt

0.06

0.88

2.98

KT Medical Service PCL Quarterly Data
	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial					0.48	2.98	2.76	2.28	2.42

Competitive Comparison of KT Medical Service PCL's Cash-to-Debt

For the Medical Care Facilities subindustry, KT Medical Service 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.

KT Medical Service PCL's Cash-to-Debt Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, KT Medical Service PCL's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where KT Medical Service PCL's Cash-to-Debt falls into.

KT Medical Service 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.

KT Medical Service PCL's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 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)
	=	268.827	/	(21.731	+	68.448)
	=	2.98

KT Medical Service PCL's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	128.474	/	(19.167	+	33.968)
	=	2.42

KT Medical Service PCL (BKK:KTMS) 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.

KT Medical Service PCL Cash-to-Debt Related Terms

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

KT Medical Service PCL (BKK:KTMS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » KT Medical Service PCL (BKK:KTMS) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

95 Soi Ram Intra 117 Ram Intra Road, Khwaeng Minburi, Khet Minburi, Bangkok, THA, 10510

Website

https://www.ktms.co.th

KT Medical Service PCL is engaged in hemodialysis center, design, assembly and installation of pure water treatment system and service preventive maintenance of pure water treatment system for commercial and residential sector, industrial and original equipment manufacturing of water system sector and medical service sector. It has three segments which are Service of hemodialysis, Service of design and installation of pure water treatment system and service preventive maintenance of pure water treatment system for medical service and Services of design and installation of pneumatic tube system of equipment for medical service. The Group operates in Thailand.

KT Medical Service PCL (BKK:KTMS) Headlines

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