Ampire Co (ROCO:8049) Cash-to-Debt : 35.54 (As of Jun. 2024)

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What is Ampire 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. Ampire Co's cash to debt ratio for the quarter that ended in Jun. 2024 was 35.54.

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, Ampire Co 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 Ampire Co's Cash-to-Debt or its related term are showing as below:

ROCO:8049' s Cash-to-Debt Range Over the Past 10 Years
Min: 2.89 Med: 18.41 Max: 7284.96
Current: 35.54

During the past 13 years, Ampire Co's highest Cash to Debt Ratio was 7284.96. The lowest was 2.89. And the median was 18.41.

ROCO:8049's Cash-to-Debt is ranked better than
87.58% of 2456 companies
in the Hardware industry
Industry Median: 1.31 vs ROCO:8049: 35.54

Ampire Co Cash-to-Debt Historical Data

The historical data trend for Ampire 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.

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Ampire Co Cash-to-Debt Chart

Ampire Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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63.10

8.52

9.85

12.73

21.83

Ampire Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Cash-to-Debt	Get a 7-Day Free Trial															20.75	16.48	21.83	27.46	35.54

Competitive Comparison of Ampire Co's Cash-to-Debt

For the Electronic Components subindustry, Ampire 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.

Ampire Co's Cash-to-Debt Distribution in the Hardware Industry

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

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

Ampire 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.

Ampire 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)
	=	942.574	/	(21.529	+	21.659)
	=	21.82

Ampire Co'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)
	=	1186.196	/	(21.965	+	11.41)
	=	35.54

Ampire Co (ROCO:8049) 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.

Ampire Co Cash-to-Debt Related Terms

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Ampire Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Ampire Co Ltd (ROCO:8049) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 116, Sec. 1, Xintai 5th Road, 4th Floor, Xizhi District, New Taipei City, TWN, 221

Website

https://www.ampire.com.tw

Ampire Co Ltd produces and sells various types of electronic equipment, including data storage and processing equipment, electronic parts and components, and other electrical and electronic machinery. It also sells office equipment, machines, and other apparatus. Geographically company generates the majority of its revenue from Europe and also operates in Oceania, Taiwan, Asia, Africa, and America.

Ampire Co Headlines

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