Acer Gadget (TPE:2432) Cash-to-Debt : 1,034.95 (As of Dec. 2024)

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What is Acer Gadget 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. Acer Gadget's cash to debt ratio for the quarter that ended in Dec. 2024 was 1,034.95.

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, Acer Gadget could pay off its debt using the cash in hand for the quarter that ended in Dec. 2024.

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

TPE:2432' s Cash-to-Debt Range Over the Past 10 Years
Min: 4.59 Med: 162.5 Max: 1034.95
Current: 1034.95

During the past 6 years, Acer Gadget's highest Cash to Debt Ratio was 1034.95. The lowest was 4.59. And the median was 162.50.

TPE:2432's Cash-to-Debt is ranked better than
95.87% of 2444 companies
in the Hardware industry
Industry Median: 1.45 vs TPE:2432: 1034.95

Acer Gadget Cash-to-Debt Historical Data

The historical data trend for Acer Gadget'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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Acer Gadget Cash-to-Debt Chart

Acer Gadget Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash-to-Debt

Get a 7-Day Free Trial

12.53

77.46

739.34

247.53

1,034.95

Acer Gadget Quarterly Data
	Dec19	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Cash-to-Debt	Get a 7-Day Free Trial										247.53	183.54	312.82	452.76	1,034.95

Competitive Comparison of Acer Gadget's Cash-to-Debt

For the Computer Hardware subindustry, Acer Gadget'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.

Acer Gadget's Cash-to-Debt Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Acer Gadget's Cash-to-Debt distribution charts can be found below:

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

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Acer Gadget 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.

Acer Gadget'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)
	=	1107.398	/	(1.07	+	0)
	=	1,034.95

Acer Gadget'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)
	=	1107.398	/	(1.07	+	0)
	=	1,034.95

Acer Gadget (TPE:2432) 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.

Acer Gadget Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Acer Gadget's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Acer Gadget Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Acer Gadget Inc (TPE:2432) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 369, Fuxing North Road, 5th Floor, 7th Floor, Songshan District, Taipei City, TWN, 10541

Website

https://www.acergadget.com

Acer Gadget Inc is mainly engaged in telecom value-added network business, computer hardware, and software applications Use system design, sales, rental, and sales of computer innovation peripheral products and life smart products, and other related businesses. Smart device products, smart wearables, value-added business and smart solution are the company's reportable segments. It earns the majority of its revenue from the Smart device products segment.

Acer Gadget Headlines

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