Cheng Loong (TPE:1904) Cash-to-Debt : 0.24 (As of Dec. 2024)

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What is Cheng Loong 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. Cheng Loong's cash to debt ratio for the quarter that ended in Dec. 2024 was 0.24.

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, Cheng Loong couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2024.

The historical rank and industry rank for Cheng Loong's Cash-to-Debt or its related term are showing as below:

TPE:1904' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.17 Med: 0.23 Max: 0.42
Current: 0.18

During the past 13 years, Cheng Loong's highest Cash to Debt Ratio was 0.42. The lowest was 0.17. And the median was 0.23.

TPE:1904's Cash-to-Debt is ranked worse than
60% of 280 companies
in the Forest Products industry
Industry Median: 0.295 vs TPE:1904: 0.18

Cheng Loong Cash-to-Debt Historical Data

The historical data trend for Cheng Loong'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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Cheng Loong Cash-to-Debt Chart

Cheng Loong Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash-to-Debt

Get a 7-Day Free Trial

0.38

0.29

0.26

0.21

0.24

Cheng Loong Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Cash-to-Debt	Get a 7-Day Free Trial															0.21	0.21	0.21	0.18	0.24

Competitive Comparison of Cheng Loong's Cash-to-Debt

For the Paper & Paper Products subindustry, Cheng Loong'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.

Cheng Loong's Cash-to-Debt Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Cheng Loong's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Cheng Loong's Cash-to-Debt falls into.

Cheng Loong 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.

Cheng Loong's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
	=	7357.995	/	(8320.418	+	22696.624)
	=	0.24

Cheng Loong's Cash to Debt Ratio for the quarter that ended in Dec. 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)
	=	7357.995	/	(8320.418	+	22696.624)
	=	0.24

Cheng Loong (TPE:1904) 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.

Cheng Loong Cash-to-Debt Related Terms

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Cheng Loong Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Cheng Loong Corp (TPE:1904) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1, Section 1, Min Sheng Road, Banqiao District, New Taipei, TWN

Website

https://www.clc.com.tw

Cheng Loong Corp manufactures and sells a variety of paper products. The company is engaged in the manufacturing and sale of paper products, materials for paper products, corrugated cartons, and related products. It is also engaged in building commercial and residential premises for rent and sale in partnership with construction companies. The company generates a majority of its revenue from its paper products business. Its geographical segments are Taiwan which generates key revenue, China, and other parts of Southeast Asia.

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