Firich Enterprises Co (ROCO:8076) Cash-to-Debt : 0.72 (As of Mar. 2024)

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What is Firich Enterprises 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. Firich Enterprises Co's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.72.

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, Firich Enterprises Co couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

ROCO:8076' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.38 Med: 0.64 Max: 1.05
Current: 0.72

During the past 13 years, Firich Enterprises Co's highest Cash to Debt Ratio was 1.05. The lowest was 0.38. And the median was 0.64.

ROCO:8076's Cash-to-Debt is ranked worse than
64.24% of 2374 companies
in the Hardware industry
Industry Median: 1.34 vs ROCO:8076: 0.72

Firich Enterprises Co Cash-to-Debt Historical Data

The historical data trend for Firich Enterprises 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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Firich Enterprises Co Cash-to-Debt Chart

Firich Enterprises Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.82

0.94

0.63

0.61

0.72

Firich Enterprises Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															0.55	0.73	0.75	0.72	0.72

Competitive Comparison of Firich Enterprises Co's Cash-to-Debt

For the Computer Hardware subindustry, Firich Enterprises 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.

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

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

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

Firich Enterprises 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.

Firich Enterprises 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)
	=	1281.892	/	(1222.102	+	565.708)
	=	0.72

Firich Enterprises Co's Cash to Debt Ratio for the quarter that ended in Mar. 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)
	=	1380.987	/	(1352.216	+	562.136)
	=	0.72

Firich Enterprises Co (ROCO:8076) 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.

Firich Enterprises Co Cash-to-Debt Related Terms

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Firich Enterprises Co (ROCO:8076) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Firich Enterprises Co Ltd (ROCO:8076) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sec. 1 Hsin Tai Wu Road, Sec. 1, 10th Floor, No. 75, Sijhih District, New Taipei City, TWN, 221

Website

https://www.fecpos.com

Firich Enterprises Co Ltd operates in the assembly, manufacture, import, and export of business-oriented computers and their peripheral equipment. It is engaged in the POS systems business, generating solid and consistent growth. FEC provides a range of POS products, including all-in-one touch terminals, box PCs, monitors, and related peripherals. The group is divided into two reportable segments: Computers and their peripherals, which design, manufacture, and sell POS system hardware and software as well as related after-sales and maintenance services; and Other, which deals in the wholesale of alcoholic beverages. The majority of the revenue is generated from Computers and their peripherals segment.

Firich Enterprises Co (ROCO:8076) Headlines

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