Taiwan Ostor (ROCO:8080) Cash-to-Debt : 2.96 (As of Mar. 2024)

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What is Taiwan Ostor 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. Taiwan Ostor's cash to debt ratio for the quarter that ended in Mar. 2024 was 2.96.

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, Taiwan Ostor could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

ROCO:8080' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.31 Med: 1.55 Max: 66040
Current: 2.96

During the past 13 years, Taiwan Ostor's highest Cash to Debt Ratio was 66040.00. The lowest was 0.31. And the median was 1.55.

ROCO:8080's Cash-to-Debt is ranked better than
64.24% of 2472 companies
in the Hardware industry
Industry Median: 1.36 vs ROCO:8080: 2.96

Taiwan Ostor Cash-to-Debt Historical Data

The historical data trend for Taiwan Ostor'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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Taiwan Ostor Cash-to-Debt Chart

Taiwan Ostor Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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2.19

2.76

289.88

0.38

2.68

Taiwan Ostor 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															0.50	0.84	2.00	2.68	2.96

Competitive Comparison of Taiwan Ostor's Cash-to-Debt

For the Electronic Components subindustry, Taiwan Ostor'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.

Taiwan Ostor's Cash-to-Debt Distribution in the Hardware Industry

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

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

Taiwan Ostor 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.

Taiwan Ostor'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)
	=	128.597	/	(47.904	+	0)
	=	2.68

Taiwan Ostor'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)
	=	140.355	/	(47.473	+	0)
	=	2.96

Taiwan Ostor (ROCO:8080) 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.

Taiwan Ostor Cash-to-Debt Related Terms

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

Taiwan Ostor (ROCO:8080) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Taiwan Ostor Corp (ROCO:8080) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Section 4, Zhongxiao East Road, 8th Floor, No. 221, Da'an District, Taipei City, TWN, 105

Website

http://www.ost.com.tw

Taiwan Ostor Corp is a Taiwan-based company engaged in the engaged in general import and export trade business, department store and grocery sales, sales of electronic products and their parts, agency, quotation and bidding business, optical instrument manufacturing, energy technology services, and electronic component manufacturing. , building materials retail, residential and industrial plant development, leasing and sales, investment and construction of public construction, urban renewal and reconstruction, real estate leasing, waste removal, construction surplus earth and stone resource processing and other engineering industries, etc.

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