Long Bon Development Co (TPE:2514) Cash-to-Debt : 1.38 (As of Dec. 2024)

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What is Long Bon Development 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. Long Bon Development Co's cash to debt ratio for the quarter that ended in Dec. 2024 was 1.38.

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, Long Bon Development Co 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 Long Bon Development Co's Cash-to-Debt or its related term are showing as below:

TPE:2514' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.25 Med: 1.4 Max: 2.45
Current: 1.38

During the past 13 years, Long Bon Development Co's highest Cash to Debt Ratio was 2.45. The lowest was 0.25. And the median was 1.40.

TPE:2514's Cash-to-Debt is ranked better than
64.31% of 1709 companies
in the Construction industry
Industry Median: 0.63 vs TPE:2514: 1.38

Long Bon Development Co Cash-to-Debt Historical Data

The historical data trend for Long Bon Development 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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Long Bon Development Co Cash-to-Debt Chart

Long Bon Development Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash-to-Debt

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0.98

0.37

0.25

0.65

1.38

Long Bon Development Co 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															0.65	0.87	0.91	1.15	1.38

Competitive Comparison of Long Bon Development Co's Cash-to-Debt

For the Engineering & Construction subindustry, Long Bon Development 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.

Long Bon Development Co's Cash-to-Debt Distribution in the Construction Industry

For the Construction industry and Industrials sector, Long Bon Development Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Long Bon Development Co's Cash-to-Debt falls into.

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Long Bon Development 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.

Long Bon Development Co'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)
	=	8125.648	/	(4403.18	+	1484.547)
	=	1.38

Long Bon Development Co'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)
	=	8125.648	/	(4403.18	+	1484.547)
	=	1.38

Long Bon Development Co (TPE:2514) 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.

Long Bon Development Co Cash-to-Debt Related Terms

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Long Bon Development Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Long Bon Development Co Ltd (TPE:2514) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Zhongxiao West Road, 9th Floor, No. 50, Section 1, Zhongzheng District, Taipei, TWN, 100

Website

http://www.longbon.com.tw

Long Bon Development Co Ltd is a Taiwan-based company with operations in commercial property and car-park leasing, property developments, hotel management, and online shopping services. The company is also engaged in the management of the Qiaoyuan clubhouse, including guest rooms, conference rooms, and education and training rooms. Investment, Funeral, and Recreation were the group's four segments. Construction projects are the focus of the construction segment. The investment segment invests in financial instruments, while the funeral division provides funeral services and other services. Sports facilities are provided by the recreation segment. The majority of the revenue of the group is from the construction segment.

Long Bon Development Co Headlines

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