Ever-Clear Environmental Eng (ROCO:6624) Cash-to-Debt : 0.64 (As of Dec. 2024)

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What is Ever-Clear Environmental Eng 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. Ever-Clear Environmental Eng's cash to debt ratio for the quarter that ended in Dec. 2024 was 0.64.

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, Ever-Clear Environmental Eng 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 Ever-Clear Environmental Eng's Cash-to-Debt or its related term are showing as below:

ROCO:6624' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.14 Med: 0.29 Max: 2.99
Current: 0.64

During the past 12 years, Ever-Clear Environmental Eng's highest Cash to Debt Ratio was 2.99. The lowest was 0.14. And the median was 0.29.

ROCO:6624's Cash-to-Debt is ranked better than
62.1% of 248 companies
in the Waste Management industry
Industry Median: 0.39 vs ROCO:6624: 0.64

Ever-Clear Environmental Eng Cash-to-Debt Historical Data

The historical data trend for Ever-Clear Environmental Eng'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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Ever-Clear Environmental Eng Cash-to-Debt Chart

Ever-Clear Environmental Eng Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash-to-Debt

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0.14

0.18

0.29

0.14

0.64

Ever-Clear Environmental Eng 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															0.14	0.14	0.20	0.44	0.64

Competitive Comparison of Ever-Clear Environmental Eng's Cash-to-Debt

For the Waste Management subindustry, Ever-Clear Environmental Eng'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.

Ever-Clear Environmental Eng's Cash-to-Debt Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Ever-Clear Environmental Eng's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Ever-Clear Environmental Eng's Cash-to-Debt falls into.

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Ever-Clear Environmental Eng 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.

Ever-Clear Environmental Eng'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)
	=	125.596	/	(24.088	+	171.729)
	=	0.64

Ever-Clear Environmental Eng'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)
	=	125.596	/	(24.088	+	171.729)
	=	0.64

Ever-Clear Environmental Eng (ROCO:6624) 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.

Ever-Clear Environmental Eng Cash-to-Debt Related Terms

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Ever-Clear Environmental Eng Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Ever-Clear Environmental Eng Corp (ROCO:6624) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 261, Section 5, Longfu Road, Xitun District, Taichung, TWN, 407

Website

https://www.ever-clear.com.tw

Ever-Clear Environmental Eng Corp is a Taiwan-based wastewater management company. It engages in the evaluation, planning, and design of industrial wastewater, sewage, sludge, supply water, underground water, and organic gas emission treatment processes.

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