TKC Metals (PHS:T) Cash-to-Debt : 0.00 (As of Sep. 2024)

View and export this data going back to 2001. Start your Free Trial

What is TKC Metals 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. TKC Metals's cash to debt ratio for the quarter that ended in Sep. 2024 was 0.00.

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, TKC Metals couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

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

During the past 13 years, TKC Metals's highest Cash to Debt Ratio was 0.12. The lowest was 0.00. And the median was 0.04.

PHS:T's Cash-to-Debt is not ranked ^*
in the Steel industry.
Industry Median: 0.395
* Ranked among companies with meaningful Cash-to-Debt only.

TKC Metals Cash-to-Debt Historical Data

The historical data trend for TKC Metals'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.

* Premium members only.

TKC Metals Cash-to-Debt Chart

TKC Metals Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.03

0.09

0.02

0.04

0.01

TKC Metals Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial															0.01	0.01	0.01	0.01	-

Competitive Comparison of TKC Metals's Cash-to-Debt

For the Steel subindustry, TKC Metals'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.

TKC Metals's Cash-to-Debt Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, TKC Metals's Cash-to-Debt distribution charts can be found below:

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

Save Embed

;

Save Embed

;

TKC Metals 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.

TKC Metals'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)
	=	2.853	/	(297.27	+	0)
	=	0.01

TKC Metals's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	1.167	/	(297.27	+	0)
	=	0.00

TKC Metals (PHS:T) 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.

TKC Metals Cash-to-Debt Related Terms

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

TKC Metals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » TKC Metals Corp (PHS:T) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

39th Street, St.North Bonifacio Triangle, 2nd Floor W Tower Condominium, Bonifacio Global City, Taguig, PHL, 1630

Website

https://www.tkcmetals.com.ph

TKC Metals Corp is an investment holding company, which engages in marketing and selling of purlins and galvanized iron (GI) sheets. It also manufactures steel billets, which in turn become the raw materials of downstream steel products such as bars, wire rods, and sections. The company's reportable segments are TKC and Treasure.