Taiwan Life Insurance Co (TPE:2833A.PFD) Cash-to-Debt : 28.46 (As of Jun. 2015)

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What is Taiwan Life Insurance 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. Taiwan Life Insurance Co's cash to debt ratio for the quarter that ended in Jun. 2015 was 28.46.

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, Taiwan Life Insurance Co could pay off its debt using the cash in hand for the quarter that ended in Jun. 2015.

The historical rank and industry rank for Taiwan Life Insurance Co's Cash-to-Debt or its related term are showing as below:

TPE:2833A.PFD' s Cash-to-Debt Range Over the Past 10 Years
Min: 3.69 Med: 16.75 Max: N/A
Current: 28.46

During the past 6 years, Taiwan Life Insurance Co's highest Cash to Debt Ratio was N/A. The lowest was 3.69. And the median was 16.75.

TPE:2833A.PFD's Cash-to-Debt is not ranked
in the Insurance industry.
Industry Median: 1.915 vs TPE:2833A.PFD: 28.46

Taiwan Life Insurance Co Cash-to-Debt Historical Data

The historical data trend for Taiwan Life Insurance 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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Taiwan Life Insurance Co Cash-to-Debt Chart

Taiwan Life Insurance Co Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Cash-to-Debt

Get a 7-Day Free Trial

10.37

10.55

8.41

22.54

28.90

Taiwan Life Insurance Co Quarterly Data
	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15
Cash-to-Debt	Get a 7-Day Free Trial															33.37	35.07	28.90	35.59	28.46

Competitive Comparison of Taiwan Life Insurance Co's Cash-to-Debt

For the Insurance - Life subindustry, Taiwan Life Insurance 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.

Taiwan Life Insurance Co's Cash-to-Debt Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Taiwan Life Insurance Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Taiwan Life Insurance Co's Cash-to-Debt falls into.

Taiwan Life Insurance Co Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents 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.

Taiwan Life Insurance Co's Cash to Debt Ratio for the fiscal year that ended in Dec. 2014 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	27456.281	/	(0	+	950)
	=	28.90

Taiwan Life Insurance Co's Cash to Debt Ratio for the quarter that ended in Jun. 2015 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	27038.623	/	(0	+	950)
	=	28.46

Taiwan Life Insurance Co (TPE:2833A.PFD) 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.

Taiwan Life Insurance Co Cash-to-Debt Related Terms

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

Taiwan Life Insurance Co (TPE:2833A.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Taiwan Life Insurance Co Ltd (TPE:2833A.PFD) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.twlife.com.tw

Taiwan Life Insurance Co., Ltd. provides a range of life insurance product and services, including life, healthcare, investment insurance, as well as dividend policy products. It also offers investment trust, asset management and financing services.

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