Value Valves Co (ROCO:4580) Cash-to-Debt : 1.62 (As of Dec. 2023)

View and export this data going back to 2018. Start your Free Trial

What is Value Valves 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. Value Valves Co's cash to debt ratio for the quarter that ended in Dec. 2023 was 1.62.

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, Value Valves Co could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

ROCO:4580' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.25 Med: 0.56 Max: 1.62
Current: 1.62

During the past 9 years, Value Valves Co's highest Cash to Debt Ratio was 1.62. The lowest was 0.25. And the median was 0.56.

ROCO:4580's Cash-to-Debt is ranked better than
55.98% of 3003 companies
in the Industrial Products industry
Industry Median: 1.19 vs ROCO:4580: 1.62

Value Valves Co Cash-to-Debt Historical Data

The historical data trend for Value Valves 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.

Value Valves Co Cash-to-Debt Chart

Value Valves Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.47

0.74

0.87

1.11

1.62

Value Valves Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															1.11	1.28	1.42	1.30	1.62

Competitive Comparison of Value Valves Co's Cash-to-Debt

For the Specialty Industrial Machinery subindustry, Value Valves 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.

Value Valves Co's Cash-to-Debt Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Value Valves Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Value Valves Co's Cash-to-Debt falls into.

Value Valves 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.

Value Valves Co'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)
	=	1111.097	/	(216.788	+	469.222)
	=	1.62

Value Valves Co's Cash to Debt Ratio for the quarter 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)
	=	1111.097	/	(216.788	+	469.222)
	=	1.62

Value Valves Co (ROCO:4580) 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.

Value Valves Co Cash-to-Debt Related Terms

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

Value Valves Co (ROCO:4580) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Value Valves Co Ltd (ROCO:4580) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2, Chung-Shan Road, Tu-Chung Industrial District, New Taipei City, TWN, 236

Website

http://www.valuevalves.com

Value Valves Co Ltd is a Taiwan based company engaged in the development, design, manufacture, inspection and marketing of a different variety of valves. Its product offerings include butterfly valves, check valves, damper valves, ball valves, globe valves, gate valves, gear box control, pneumatic control, hydraulic control, electric control and customized valves. The company exports its products to the United States, Japan, Europe, Oceania and other advanced industrial and regions. Its products are widely used in petroleum and petrochemical products, steel, shipbuilding, energy. water treatment, paper, air-conditioning, electronic and other industrial fields.

Value Valves Co (ROCO:4580) Headlines

No Headlines