Qualitech PCL (BKK:QLT-R) Cash-to-Debt : 2.64 (As of Mar. 2025)

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What is Qualitech 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. Qualitech PCL's cash to debt ratio for the quarter that ended in Mar. 2025 was 2.64.

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, Qualitech PCL could pay off its debt using the cash in hand for the quarter that ended in Mar. 2025.

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

BKK:QLT-R' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.33 Med: 14.62 Max: 45.75
Current: 2.64

During the past 13 years, Qualitech PCL's highest Cash to Debt Ratio was 45.75. The lowest was 1.33. And the median was 14.62.

BKK:QLT-R's Cash-to-Debt is ranked better than
63.02% of 1060 companies
in the Business Services industry
Industry Median: 1.12 vs BKK:QLT-R: 2.64

Qualitech PCL Cash-to-Debt Historical Data

The historical data trend for Qualitech 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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Qualitech PCL Cash-to-Debt Chart

Qualitech PCL Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash-to-Debt

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13.62

24.20

2.45

1.33

2.44

Qualitech PCL Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Cash-to-Debt	Get a 7-Day Free Trial															1.41	1.45	1.38	2.44	2.64

Competitive Comparison of Qualitech PCL's Cash-to-Debt

For the Specialty Business Services subindustry, Qualitech 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.

Qualitech PCL's Cash-to-Debt Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Qualitech PCL's Cash-to-Debt distribution charts can be found below:

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

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Qualitech 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.

Qualitech PCL's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
	=	54.145	/	(5.775	+	16.429)
	=	2.44

Qualitech PCL's Cash to Debt Ratio for the quarter that ended in Mar. 2025 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)
	=	54.679	/	(5.741	+	14.965)
	=	2.64

Qualitech PCL (BKK:QLT-R) 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.

Qualitech PCL Cash-to-Debt Related Terms

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

Qualitech PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Qualitech PCL (BKK:QLT-R) » Definitions » Cash-to-Debt

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QLT:Thailand

Address

21/3 Banplong Road, Maptaput Sub-District, Muang District, Rayong, THA, 21150

Website

https://www.qualitechplc.com

Qualitech PCL provides the technical services testing, inspection, and certification for operation safety of industry equipment, pressure vessels, industrial boilers, piping, and steel structures which is important for the production process, storage, and transport of the products in power generation, petrochemical, and construction industry. Along with its subsidiaries, the company's core operations include; nondestructive testing and inspection, testing and certification of welding work, metal work, and equipment; sale of material and equipment used in inspection engineering services; and generating and distributing electricity current from solar or alternative energy. Maximum revenue is generated from the provision of Non-Destructive Testing services.

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