Chi Cheng Enterprise Co (ROCO:3095) Cash-to-Debt : 0.18 (As of Dec. 2024)

View and export this data going back to 2005. Start your Free Trial

What is Chi Cheng Enterprise Co 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. Chi Cheng Enterprise Co's cash to debt ratio for the quarter that ended in Dec. 2024 was 0.18.

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, Chi Cheng Enterprise Co couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2024.

The historical rank and industry rank for Chi Cheng Enterprise Co's Cash-to-Debt or its related term are showing as below:

ROCO:3095' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.09 Med: 0.16 Max: 0.25
Current: 0.18

During the past 13 years, Chi Cheng Enterprise Co's highest Cash to Debt Ratio was 0.25. The lowest was 0.09. And the median was 0.16.

ROCO:3095's Cash-to-Debt is ranked worse than
90.32% of 2448 companies
in the Hardware industry
Industry Median: 1.435 vs ROCO:3095: 0.18

Chi Cheng Enterprise Co Cash-to-Debt Historical Data

The historical data trend for Chi Cheng Enterprise Co'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.

Chi Cheng Enterprise Co Cash-to-Debt Chart

Chi Cheng Enterprise Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash-to-Debt

Get a 7-Day Free Trial

0.14

0.09

0.16

0.20

0.18

Chi Cheng Enterprise Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Cash-to-Debt	Get a 7-Day Free Trial															0.20	0.17	0.22	0.15	0.18

Competitive Comparison of Chi Cheng Enterprise Co's Cash-to-Debt

For the Electronic Components subindustry, Chi Cheng Enterprise Co'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.

Chi Cheng Enterprise Co's Cash-to-Debt Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Chi Cheng Enterprise Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Chi Cheng Enterprise Co's Cash-to-Debt falls into.

Save Embed

;

Save Embed

;

Chi Cheng Enterprise Co 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.

Chi Cheng Enterprise Co'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)
	=	116.349	/	(92.845	+	564.279)
	=	0.18

Chi Cheng Enterprise Co's Cash to Debt Ratio for the quarter 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)
	=	116.349	/	(92.845	+	564.279)
	=	0.18

Chi Cheng Enterprise Co (ROCO:3095) 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.

Chi Cheng Enterprise Co Cash-to-Debt Related Terms

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

Chi Cheng Enterprise Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Chi Cheng Enterprise Co Ltd (ROCO:3095) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.111, Jianer Road, Zhonghe District, New Taipei, TWN, 235

Website

https://www.chicheng.com.tw

Chi Cheng Enterprise Co Ltd is a Taiwan-based company that designs, manufactures, and sells structural components of portable products. The products offered by the group include molding parts, precision dies, stamping, plastic molds, battery contact blocks, and lens contact blocks among others. In addition, it also offers communication devices, optical cameras, electronic products, computers, and peripherals. All the activities are geographically operated through the region of Taiwan.

Chi Cheng Enterprise Co Headlines

No Headlines