Thai Wacoal PCL (BKK:WACOAL) Cash-to-Debt : 4.90 (As of Mar. 2024)

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What is Thai Wacoal 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. Thai Wacoal PCL's cash to debt ratio for the quarter that ended in Mar. 2024 was 4.90.

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

BKK:WACOAL' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.86 Med: 16.38 Max: No Debt
Current: 4.9

During the past 13 years, Thai Wacoal PCL's highest Cash to Debt Ratio was No Debt. The lowest was 0.86. And the median was 16.38.

BKK:WACOAL's Cash-to-Debt is ranked better than
81.22% of 1033 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.48 vs BKK:WACOAL: 4.90

Thai Wacoal PCL Cash-to-Debt Historical Data

The historical data trend for Thai Wacoal 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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Thai Wacoal PCL Cash-to-Debt Chart

Thai Wacoal PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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No Debt

12.67

10.45

21.81

4.20

Thai Wacoal 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															17.16	5.17	4.25	4.20	4.90

Competitive Comparison of Thai Wacoal PCL's Cash-to-Debt

For the Apparel Manufacturing subindustry, Thai Wacoal 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.

Thai Wacoal PCL's Cash-to-Debt Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Thai Wacoal PCL's Cash-to-Debt distribution charts can be found below:

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

Thai Wacoal 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.

Thai Wacoal 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)
	=	252.002	/	(14.157	+	45.799)
	=	4.20

Thai Wacoal 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)
	=	284.249	/	(13.921	+	44.092)
	=	4.90

Thai Wacoal PCL (BKK:WACOAL) 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.

Thai Wacoal PCL Cash-to-Debt Related Terms

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

Thai Wacoal PCL (BKK:WACOAL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Thai Wacoal PCL (BKK:WACOAL) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

132 Soi Charoenrat 7, Bangkholaem District, Khwang Bangkhlo, Bangkok, THA, 10120

Website

https://www.wacoal.co.th

Thai Wacoal PCL is a Thailand-based garment manufacturing company. It manufactures and sells finished garment products, consisting of Ladies lingerie. The key revenue driver product of the company is Ladies lingerie, which is sold under the brand names of Wacoal. The company's operating segment is based on domestic sales and export sales of which a majority of the revenue is generated from domestic sales.

Thai Wacoal PCL (BKK:WACOAL) Headlines

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