Oriental Union Chemical (TPE:1710) Cash-to-Debt : 0.11 (As of Sep. 2024)

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What is Oriental Union Chemical 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. Oriental Union Chemical's cash to debt ratio for the quarter that ended in Sep. 2024 was 0.11.

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, Oriental Union Chemical 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 Oriental Union Chemical's Cash-to-Debt or its related term are showing as below:

TPE:1710' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.08 Med: 0.16 Max: 0.25
Current: 0.11

During the past 13 years, Oriental Union Chemical's highest Cash to Debt Ratio was 0.25. The lowest was 0.08. And the median was 0.16.

TPE:1710's Cash-to-Debt is ranked worse than
86.43% of 1547 companies
in the Chemicals industry
Industry Median: 0.69 vs TPE:1710: 0.11

Oriental Union Chemical Cash-to-Debt Historical Data

The historical data trend for Oriental Union Chemical'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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Oriental Union Chemical Cash-to-Debt Chart

Oriental Union Chemical Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.23

0.17

0.19

0.15

0.13

Oriental Union Chemical 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															0.13	0.13	0.11	0.13	0.11

Competitive Comparison of Oriental Union Chemical's Cash-to-Debt

For the Chemicals subindustry, Oriental Union Chemical'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.

Oriental Union Chemical's Cash-to-Debt Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Oriental Union Chemical's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Oriental Union Chemical's Cash-to-Debt falls into.

Oriental Union Chemical 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.

Oriental Union Chemical'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)
	=	1983.611	/	(6485.223	+	9029.23)
	=	0.13

Oriental Union Chemical'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)
	=	1532.466	/	(6209.309	+	8095.573)
	=	0.11

Oriental Union Chemical (TPE:1710) 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.

Oriental Union Chemical Cash-to-Debt Related Terms

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Oriental Union Chemical Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Oriental Union Chemical Corp (TPE:1710) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 101, Fu-Hsing North Road, 13th Floor, Taipei, TWN, 105

Website

https://www.oucc.com.tw

Oriental Union Chemical Corp is a Taiwan-based manufacturer and distributor of chemicals and plastic products. The firm is organized into four main segments: ethylene glycols, special chemicals, gas, and investment and others. The ethylene glycol segment, which generates the majority of the firm's revenue, sells chemicals used in the production of polyester, antifreeze, brake fluid, and plastic food and beverage containers. The special chemicals segment sells chemicals used in the production of textiles, personal care products, leather products, rubber, and construction and building materials. The gas segment sells oxygen, nitrogen, and argon. The vast majority of the company's revenue comes from Asia.

Oriental Union Chemical Headlines

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