Largan Precision Co (TPE:3008) Cash-to-Debt : 455.33 (As of Mar. 2025)

View and export this data going back to 2002. Start your Free Trial

What is Largan Precision 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. Largan Precision Co's cash to debt ratio for the quarter that ended in Mar. 2025 was 455.33.

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, Largan Precision Co could pay off its debt using the cash in hand for the quarter that ended in Mar. 2025.

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

TPE:3008' s Cash-to-Debt Range Over the Past 10 Years
Min: 133.37 Med: 439.84 Max: No Debt
Current: 455.33

During the past 13 years, Largan Precision Co's highest Cash to Debt Ratio was No Debt. The lowest was 133.37. And the median was 439.84.

TPE:3008's Cash-to-Debt is ranked better than
94.92% of 2441 companies
in the Hardware industry
Industry Median: 1.47 vs TPE:3008: 455.33

Largan Precision Co Cash-to-Debt Historical Data

The historical data trend for Largan Precision 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.

* Premium members only.

Largan Precision Co Cash-to-Debt Chart

Largan Precision Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash-to-Debt

Get a 7-Day Free Trial

246.73

631.96

758.68

1,452.59

439.82

Largan Precision Co Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Cash-to-Debt	Get a 7-Day Free Trial															1,323.89	1,377.28	508.57	439.82	455.33

Competitive Comparison of Largan Precision Co's Cash-to-Debt

For the Electronic Components subindustry, Largan Precision 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.

Largan Precision Co's Cash-to-Debt Distribution in the Hardware Industry

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

* The bar in red indicates where Largan Precision Co's Cash-to-Debt falls into.

Save Embed

;

Save Embed

;

Largan Precision 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.

Largan Precision 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)
	=	128006.474	/	(251.021	+	40.02)
	=	439.82

Largan Precision Co's Cash to Debt Ratio for the quarter that ended in Mar. 2025 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)
	=	139238.03	/	(251.629	+	54.168)
	=	455.33

Largan Precision Co (TPE:3008) 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.

Largan Precision Co Cash-to-Debt Related Terms

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

Largan Precision Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Largan Precision Co Ltd (TPE:3008) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 11, Jingke Road, Nantun District, Taichung, TWN, 40852

Website

https://www.largan.com.tw

Largan Precision is the leader in optical lens technology and the world's largest handset lensmaker by value. The company boasts almost 30 years of experience in the production of optical lenses, namely plastic aspherical lenses, which are widely used to manufacture smartphone cameras. It is a major supplier of high-end handset camera lenses to global smartphone brands such as Apple and Samsung. The firm also produces optical lenses for various applications such as for automobiles, digital cameras, and extended reality headsets. Largan was co-founded in 1987 by Scott Lin, whose son Adam Lin serves as the current CEO and chair. Largan is headquartered and mainly operates in Taichung City, Taiwan, and employs around 8,000 people.

Largan Precision Co Headlines

No Headlines