Carilex Medical (ROCO:7726) Cash-to-Debt : 2.80 (As of Jun. 2024)

View and export this data going back to 2024. Start your Free Trial

What is Carilex Medical 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. Carilex Medical's cash to debt ratio for the quarter that ended in Jun. 2024 was 2.80.

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, Carilex Medical could pay off its debt using the cash in hand for the quarter that ended in Jun. 2024.

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

ROCO:7726' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.41 Med: 1.51 Max: 2.8
Current: 2.8

During the past 4 years, Carilex Medical's highest Cash to Debt Ratio was 2.80. The lowest was 1.41. And the median was 1.51.

ROCO:7726's Cash-to-Debt is ranked better than
57.01% of 856 companies
in the Medical Devices & Instruments industry
Industry Median: 1.73 vs ROCO:7726: 2.80

Carilex Medical Cash-to-Debt Historical Data

The historical data trend for Carilex Medical'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.

Carilex Medical Cash-to-Debt Chart

Carilex Medical Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

1.46

1.41

1.48

2.39

Carilex Medical Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Cash-to-Debt	Get a 7-Day Free Trial			N/A	1.48	1.53	2.39	2.80

Competitive Comparison of Carilex Medical's Cash-to-Debt

For the Medical Devices subindustry, Carilex Medical'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.

Carilex Medical's Cash-to-Debt Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Carilex Medical's Cash-to-Debt distribution charts can be found below:

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

Save Embed

;

Save Embed

;

Carilex Medical 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.

Carilex Medical'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)
	=	173.156	/	(65.161	+	7.249)
	=	2.39

Carilex Medical's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	192.228	/	(66.399	+	2.156)
	=	2.80

Carilex Medical (ROCO:7726) 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.

Carilex Medical Cash-to-Debt Related Terms

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

Carilex Medical Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Carilex Medical Inc (ROCO:7726) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.77, Keji 1st Road, Guishan District, Taoyuan, TWN, 33383

Website

https://www.carilexmedical.com

Carilex Medical Inc is a company engaged in the wound care industry by developing leading-edge technology in the prevention and treatment of wounds. Their expertise is in research and development, manufacturing, and quality control and assurance allow us to provide unparalleled products in wound care management in the form of comprehensive product lines proven to prevent and manage pressure sores and wounds. They offer products in the form of Support Surfaces, Chair Cushion and Negative Pressure Wound Therapy.

Carilex Medical Headlines

No Headlines