TRV Rubber Products PCL (BKK:TRV) Cash-to-Debt : 0.70 (As of Mar. 2024)

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What is TRV Rubber Products 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. TRV Rubber Products PCL's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.70.

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, TRV Rubber Products PCL 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 TRV Rubber Products PCL's Cash-to-Debt or its related term are showing as below:

BKK:TRV' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.09 Med: 5.44 Max: 19.4
Current: 0.7

During the past 5 years, TRV Rubber Products PCL's highest Cash to Debt Ratio was 19.40. The lowest was 0.09. And the median was 5.44.

BKK:TRV's Cash-to-Debt is ranked better than
54.58% of 1224 companies
in the Vehicles & Parts industry
Industry Median: 0.58 vs BKK:TRV: 0.70

TRV Rubber Products PCL Cash-to-Debt Historical Data

The historical data trend for TRV Rubber Products 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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TRV Rubber Products PCL Cash-to-Debt Chart

TRV Rubber Products PCL Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

0.28

0.09

4.34

9.07

10.78

TRV Rubber Products PCL Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial											10.51	19.40	11.05	10.78	0.70

Competitive Comparison of TRV Rubber Products PCL's Cash-to-Debt

For the Auto Parts subindustry, TRV Rubber Products 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.

TRV Rubber Products PCL's Cash-to-Debt Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, TRV Rubber Products PCL's Cash-to-Debt distribution charts can be found below:

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

TRV Rubber Products 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.

TRV Rubber Products 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)
	=	114.738	/	(8.571	+	2.072)
	=	10.78

TRV Rubber Products 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)
	=	76.368	/	(107.199	+	1.358)
	=	0.70

TRV Rubber Products PCL (BKK:TRV) 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.

TRV Rubber Products PCL Cash-to-Debt Related Terms

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TRV Rubber Products PCL (BKK:TRV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » TRV Rubber Products PCL (BKK:TRV) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

40,88/8-9 Soi Ekachai 76 split 1-3-1, Khlong Bang Phran, Bang Bon, Bangkok, THA, 10150

Website

https://www.trvrubber.co.th

TRV Rubber Products PCL is a manufacturer and distributor of rubber products for automotive parts and electrical divisions. The business operates in a single segment being manufacturing and selling of o-ring rubber and rubber parts in Thailand.