Foxtron Vehicle Technologies Co (TPE:2258) Cash-to-Debt : 25.78 (As of Mar. 2024)

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What is Foxtron Vehicle Technologies 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. Foxtron Vehicle Technologies Co's cash to debt ratio for the quarter that ended in Mar. 2024 was 25.78.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Foxtron Vehicle Technologies Co could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

(1) 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.

The historical rank and industry rank for Foxtron Vehicle Technologies Co's Cash-to-Debt or its related term are showing as below:

TPE:2258' s Cash-to-Debt Range Over the Past 10 Years
Min: 13.02 Med: 5101.67 Max: No Debt
Current: 25.78

During the past 2 years, Foxtron Vehicle Technologies Co's highest Cash to Debt Ratio was No Debt. The lowest was 13.02. And the median was 5101.67.

TPE:2258's Cash-to-Debt is ranked better than
90.55% of 1301 companies
in the Vehicles & Parts industry
Industry Median: 0.58 vs TPE:2258: 25.78

Foxtron Vehicle Technologies Co Cash-to-Debt Historical Data

The historical data trend for Foxtron Vehicle Technologies 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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Foxtron Vehicle Technologies Co Cash-to-Debt Chart

Foxtron Vehicle Technologies Co Annual Data

Trend

Dec21

Dec22

Cash-to-Debt

No Debt

Foxtron Vehicle Technologies Co Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial				No Debt	No Debt	203.34	13.02	25.78

Competitive Comparison of Foxtron Vehicle Technologies Co's Cash-to-Debt

For the Auto Manufacturers subindustry, Foxtron Vehicle Technologies 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.

Foxtron Vehicle Technologies Co's Cash-to-Debt Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Foxtron Vehicle Technologies Co's Cash-to-Debt falls into.

Foxtron Vehicle Technologies 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.

Foxtron Vehicle Technologies Co's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 is calculated as:

Foxtron Vehicle Technologies Co had no debt ⁽¹⁾.

Foxtron Vehicle Technologies 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)
	=	7920.462	/	(60.612	+	246.648)
	=	25.78

Foxtron Vehicle Technologies Co (TPE:2258) 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.

Foxtron Vehicle Technologies Co Cash-to-Debt Related Terms

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Foxtron Vehicle Technologies Co (TPE:2258) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Foxtron Vehicle Technologies Co Ltd (TPE:2258) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Zhongxing Road, No. 3, Sector 3, 8th Floor, Xindian District, New Taipei, TWN

Website

https://www.foxtronev.com

Foxtron Vehicle Technologies Co Ltd is an automobile company. The services provided by the company are Product planning, styling, Engineering design, Trail production, and vehicle test verification.

Foxtron Vehicle Technologies Co (TPE:2258) Headlines

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