Lien Hwa Industrial Holding (TPE:1229) Cash-to-Debt : 0.46 (As of Mar. 2024)

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What is Lien Hwa Industrial Holding 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. Lien Hwa Industrial Holding's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.46.

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, Lien Hwa Industrial Holding 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 Lien Hwa Industrial Holding's Cash-to-Debt or its related term are showing as below:

TPE:1229' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.13 Med: 0.26 Max: 0.46
Current: 0.46

During the past 13 years, Lien Hwa Industrial Holding's highest Cash to Debt Ratio was 0.46. The lowest was 0.13. And the median was 0.26.

TPE:1229's Cash-to-Debt is ranked worse than
51.52% of 526 companies
in the Conglomerates industry
Industry Median: 0.485 vs TPE:1229: 0.46

Lien Hwa Industrial Holding Cash-to-Debt Historical Data

The historical data trend for Lien Hwa Industrial Holding'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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Lien Hwa Industrial Holding Cash-to-Debt Chart

Lien Hwa Industrial Holding Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

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0.14

0.35

0.27

0.30

0.28

Lien Hwa Industrial Holding Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															0.28	0.35	0.39	0.40	0.46

Competitive Comparison of Lien Hwa Industrial Holding's Cash-to-Debt

For the Conglomerates subindustry, Lien Hwa Industrial Holding'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.

Lien Hwa Industrial Holding's Cash-to-Debt Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Lien Hwa Industrial Holding's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Lien Hwa Industrial Holding's Cash-to-Debt falls into.

Lien Hwa Industrial Holding 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.

Lien Hwa Industrial Holding's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 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)
	=	3438.051	/	(8466.651	+	3629.628)
	=	0.28

Lien Hwa Industrial Holding'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)
	=	5812.008	/	(8925.488	+	3651.289)
	=	0.46

Lien Hwa Industrial Holding (TPE:1229) 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.

Lien Hwa Industrial Holding Cash-to-Debt Related Terms

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Lien Hwa Industrial Holding (TPE:1229) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Lien Hwa Industrial Holding Corp (TPE:1229) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 44, Section 1, Chengde Road, 6th Floor, Datong District, Taipei, TWN

Website

https://www.lhicholdings.com

Lien Hwa Industrial Holding Corp is engaged in flour production and sale, real estate rental, integrated system service, automatic system, and other electronic businesses. The company has five reportable segments. The rental business provides real property rental and development services. The noodle business manufactures and sells all kinds of noodles and processed foods. The noodle business overseas is a noodles manufacturing and sale company. The system integration service business provides the system integration service, automatic system, applied software design, and sale of industrial computers. The administrative resource center is responsible for the management of domestic/foreign investment business.

Lien Hwa Industrial Holding (TPE:1229) Headlines

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