Tien Phong Securities (STC:ORS) Cash-to-Debt : 0.67 (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Tien Phong Securities 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. Tien Phong Securities's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.67.

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, Tien Phong Securities 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 Tien Phong Securities's Cash-to-Debt or its related term are showing as below:

STC:ORS' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.56 Med: 1.03 Max: No Debt
Current: 0.67

During the past 6 years, Tien Phong Securities's highest Cash to Debt Ratio was No Debt. The lowest was 0.56. And the median was 1.03.

STC:ORS's Cash-to-Debt is ranked worse than
69.34% of 773 companies
in the Capital Markets industry
Industry Median: 1.98 vs STC:ORS: 0.67

Tien Phong Securities Cash-to-Debt Historical Data

The historical data trend for Tien Phong Securities'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.

Tien Phong Securities Cash-to-Debt Chart

Tien Phong Securities Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

8.07

1.45

0.97

0.59

0.85

Tien Phong Securities Quarterly Data
	Mar18	Dec18	Mar19	Dec19	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															0.64	1.02	1.05	0.85	0.67

Competitive Comparison of Tien Phong Securities's Cash-to-Debt

For the Capital Markets subindustry, Tien Phong Securities'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.

Tien Phong Securities's Cash-to-Debt Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Tien Phong Securities's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Tien Phong Securities's Cash-to-Debt falls into.

Tien Phong Securities 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.

Tien Phong Securities'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)
	=	3560385.773	/	(1182163.6	+	3000000)
	=	0.85

Tien Phong Securities'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)
	=	4325071.85	/	(3448163.6	+	3000000)
	=	0.67

Tien Phong Securities (STC:ORS) 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.

Tien Phong Securities Cash-to-Debt Related Terms

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

Tien Phong Securities (STC:ORS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Tien Phong Securities Corp (STC:ORS) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

75-77 Nguyen Thai Binh street, District 1, Ho Chi Minh, VNM

Website

https://tpbs.com.vn

Tien Phong Securities Corp is a Vietnam-based provider of investment services. It is engaged in the provision of financial advisory, brokerage services for individual and institutional clients. The Company is also involved in securities dealing.

Tien Phong Securities (STC:ORS) Headlines

No Headlines