Formosa Oilseed Processing Co (TPE:1225) Cash-to-Debt : 0.34 (As of Sep. 2024)

View and export this data going back to 1993. Start your Free Trial

What is Formosa Oilseed Processing 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. Formosa Oilseed Processing Co's cash to debt ratio for the quarter that ended in Sep. 2024 was 0.34.

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, Formosa Oilseed Processing Co couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

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

TPE:1225' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.09 Med: 0.25 Max: 0.57
Current: 0.34

During the past 13 years, Formosa Oilseed Processing Co's highest Cash to Debt Ratio was 0.57. The lowest was 0.09. And the median was 0.25.

TPE:1225's Cash-to-Debt is ranked worse than
59.2% of 1875 companies
in the Consumer Packaged Goods industry
Industry Median: 0.55 vs TPE:1225: 0.34

Formosa Oilseed Processing Co Cash-to-Debt Historical Data

The historical data trend for Formosa Oilseed Processing 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.

* Premium members only.

Formosa Oilseed Processing Co Cash-to-Debt Chart

Formosa Oilseed Processing Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.53

0.42

0.27

0.21

0.23

Formosa Oilseed Processing Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial															0.25	0.23	0.22	0.23	0.34

Competitive Comparison of Formosa Oilseed Processing Co's Cash-to-Debt

For the Packaged Foods subindustry, Formosa Oilseed Processing 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.

Formosa Oilseed Processing Co's Cash-to-Debt Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Formosa Oilseed Processing Co's Cash-to-Debt distribution charts can be found below:

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

Save Embed

;

Save Embed

;

Formosa Oilseed Processing 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.

Formosa Oilseed Processing 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)
	=	945.308	/	(2622.411	+	1541.64)
	=	0.23

Formosa Oilseed Processing Co's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	1412.104	/	(3100.664	+	1109.898)
	=	0.34

Formosa Oilseed Processing Co (TPE:1225) 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.

Formosa Oilseed Processing Co Cash-to-Debt Related Terms

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

Formosa Oilseed Processing Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Formosa Oilseed Processing Co Ltd (TPE:1225) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 453, Section 1, Shatian Road, Dadu District, Taichung, TWN

Website

https://www.fopco.com.tw

Formosa Oilseed Processing Co Ltd is a company principally engaged in the manufacturing and distribution of oil products and feedstuff. Its businesses include the manufacturing and the selling of soybean oil, soy flour, flour, oatmeal, corn, pet food, and import and export transactions. Its feedstuff products include soybean powder, wheat powder, wheat bran, barley, and mixed feedstuff, among others. The company no longer engages in the production of flour.

Formosa Oilseed Processing Co Headlines

No Headlines