Mobiletron Electronics Co (TPE:1533) Cash-to-Debt : 0.31 (As of Mar. 2024)

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What is Mobiletron Electronics 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. Mobiletron Electronics Co's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.31.

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, Mobiletron Electronics 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 Mobiletron Electronics Co's Cash-to-Debt or its related term are showing as below:

TPE:1533' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.22 Med: 0.76 Max: 1
Current: 0.31

During the past 13 years, Mobiletron Electronics Co's highest Cash to Debt Ratio was 1.00. The lowest was 0.22. And the median was 0.76.

TPE:1533's Cash-to-Debt is ranked worse than
65.85% of 1300 companies
in the Vehicles & Parts industry
Industry Median: 0.58 vs TPE:1533: 0.31

Mobiletron Electronics Co Cash-to-Debt Historical Data

The historical data trend for Mobiletron Electronics 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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Mobiletron Electronics Co Cash-to-Debt Chart

Mobiletron Electronics Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.69

0.61

0.49

0.28

0.26

Mobiletron Electronics 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															0.28	0.22	0.22	0.26	0.31

Competitive Comparison of Mobiletron Electronics Co's Cash-to-Debt

For the Auto Parts subindustry, Mobiletron Electronics 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.

Mobiletron Electronics Co's Cash-to-Debt Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Mobiletron Electronics Co's Cash-to-Debt distribution charts can be found below:

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

Mobiletron Electronics 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.

Mobiletron Electronics 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)
	=	1214.594	/	(1675.766	+	3030.716)
	=	0.26

Mobiletron Electronics 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)
	=	1557.275	/	(3203.039	+	1827.145)
	=	0.31

Mobiletron Electronics Co (TPE:1533) 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.

Mobiletron Electronics Co Cash-to-Debt Related Terms

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Mobiletron Electronics Co (TPE:1533) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Mobiletron Electronics Co Ltd (TPE:1533) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Number 85 , Section 4, Zhongqing Road, Daya District, Taichung Hsien, TWN

Website

http://www.more.com.tw

Mobiletron Electronics Co Ltd is a Taiwan based company, engages in the manufacturing of power & industrial tools, automotive parts and components such as automotive engine transmission control system (electronic igniter, voltage regulator and rectifier) and vehicle safety system (TPMS, rear view mirror back up camera, night vision system. Its products include electronic control components, automobile security systems and industrial and automobile tools. Its products are mainly used in the manufacturing of automobile engines, automobile and engine igniters, automobile rectifiers and regulators, thick film mixed integrated circuits (ICs), automobile engine sensors and around view monitors (AVMs).

Mobiletron Electronics Co (TPE:1533) Headlines

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