Syscom Computer Engineering Co (TPE:2453) Cash-to-Debt : 1.44 (As of Sep. 2024)

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What is Syscom Computer Engineering 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. Syscom Computer Engineering Co's cash to debt ratio for the quarter that ended in Sep. 2024 was 1.44.

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, Syscom Computer Engineering Co could pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

The historical rank and industry rank for Syscom Computer Engineering Co's Cash-to-Debt or its related term are showing as below:

TPE:2453' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.41 Med: 3.34 Max: 7.04
Current: 1.44

During the past 13 years, Syscom Computer Engineering Co's highest Cash to Debt Ratio was 7.04. The lowest was 0.41. And the median was 3.34.

TPE:2453's Cash-to-Debt is ranked worse than
57.45% of 2797 companies
in the Software industry
Industry Median: 2.33 vs TPE:2453: 1.44

Syscom Computer Engineering Co Cash-to-Debt Historical Data

The historical data trend for Syscom Computer Engineering 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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Syscom Computer Engineering Co Cash-to-Debt Chart

Syscom Computer Engineering Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

1.30

4.24

4.36

3.78

3.87

Syscom Computer Engineering Co 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															2.36	3.87	3.91	3.65	1.44

Competitive Comparison of Syscom Computer Engineering Co's Cash-to-Debt

For the Information Technology Services subindustry, Syscom Computer Engineering 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.

Syscom Computer Engineering Co's Cash-to-Debt Distribution in the Software Industry

For the Software industry and Technology sector, Syscom Computer Engineering Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Syscom Computer Engineering Co's Cash-to-Debt falls into.

Syscom Computer Engineering 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.

Syscom Computer Engineering 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)
	=	1110.555	/	(237.161	+	49.503)
	=	3.87

Syscom Computer Engineering Co'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)
	=	958.946	/	(643.572	+	23.863)
	=	1.44

Syscom Computer Engineering Co (TPE:2453) 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.

Syscom Computer Engineering Co Cash-to-Debt Related Terms

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Syscom Computer Engineering Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Syscom Computer Engineering Co (TPE:2453) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 115, Emei Street, 6th Floor, Wanhua District, Taipei, TWN, 108

Website

https://www.syscom.com.tw

Syscom Computer Engineering Co is an information technology service-providing company. The company offers solutions for financial institutions, the public sector, securities companies, telecommunications, and educational institutions. The company provides cloud computing solutions, a comprehensive core banking system, e-healthcare solutions, and vulnerability scanning services. The company is engaged in the lease and sale of computer systems, design engineering of computer software systems, computer hardware maintenance, and computer information system integration. The company operates in geographical areas of Taiwan, China, the U.S.A., and Southeast Asia.

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