Taiwan Tea (TPE:2913) Cash-to-Debt : 0.01 (As of Dec. 2024)

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What is Taiwan Tea 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 Tea's cash to debt ratio for the quarter that ended in Dec. 2024 was 0.01.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Taiwan Tea couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2024.

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

TPE:2913' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.03 Max: 0.06
Current: 0.01

During the past 13 years, Taiwan Tea's highest Cash to Debt Ratio was 0.06. The lowest was 0.01. And the median was 0.03.

TPE:2913's Cash-to-Debt is ranked worse than
96.96% of 1877 companies
in the Consumer Packaged Goods industry
Industry Median: 0.54 vs TPE:2913: 0.01

Taiwan Tea Cash-to-Debt Historical Data

The historical data trend for Taiwan Tea'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 Tea Cash-to-Debt Chart

Taiwan Tea Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash-to-Debt

Get a 7-Day Free Trial

0.03

0.04

0.03

0.01

Taiwan Tea 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															0.03	0.01	0.02	0.01	0.01

Competitive Comparison of Taiwan Tea's Cash-to-Debt

For the Farm Products subindustry, Taiwan Tea'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 Tea's Cash-to-Debt Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Taiwan Tea's Cash-to-Debt distribution charts can be found below:

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

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Taiwan Tea 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.

Taiwan Tea'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)
	=	54.761	/	(530.942	+	4572.639)
	=	0.01

Taiwan Tea'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)
	=	54.761	/	(530.942	+	4572.639)
	=	0.01

Taiwan Tea (TPE:2913) 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 Tea Cash-to-Debt Related Terms

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Taiwan Tea Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Taiwan Tea Corp (TPE:2913) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 3, Zhonghua Road, Hukou Township, Hsinchu, TWN

Website

https://www.ttch.com.tw

Taiwan Tea Corp plants, cultivates and distributes tea and other tea ingredients. It plants tea trees and cultivates tea plantations. The tea leaves are roasted and processed into tea ingredients, packaged, and distributed to Asia and Australia. The company has a diverse range of customers, including large tea factories and channels such as bubble teashops, breakfast shops, and chain restaurants. Additionally, Taiwan Tea has an engineering division to sell building materials and take on interior fitting projects. It utilizes contracts to help provide stock and customized solutions to customers. The company's operating segments are Trade and department stores; and Assets.

Taiwan Tea Headlines

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