Emerging Display Technologies (TPE:3038) Cash-to-Debt : 5.08 (As of Dec. 2024)

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

What is Emerging Display Technologies 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. Emerging Display Technologies's cash to debt ratio for the quarter that ended in Dec. 2024 was 5.08.

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, Emerging Display Technologies 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 Emerging Display Technologies's Cash-to-Debt or its related term are showing as below:

TPE:3038' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.64 Med: 2.06 Max: 5.08
Current: 5.08

During the past 13 years, Emerging Display Technologies's highest Cash to Debt Ratio was 5.08. The lowest was 1.64. And the median was 2.06.

TPE:3038's Cash-to-Debt is ranked better than
71.3% of 2446 companies
in the Hardware industry
Industry Median: 1.4 vs TPE:3038: 5.08

Emerging Display Technologies Cash-to-Debt Historical Data

The historical data trend for Emerging Display Technologies'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.

Emerging Display Technologies Cash-to-Debt Chart

Emerging Display Technologies Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash-to-Debt

Get a 7-Day Free Trial

1.90

2.34

2.30

4.07

5.08

Emerging Display Technologies 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															4.07	4.20	4.73	4.94	5.08

Competitive Comparison of Emerging Display Technologies's Cash-to-Debt

For the Electronic Components subindustry, Emerging Display Technologies'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.

Emerging Display Technologies's Cash-to-Debt Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Emerging Display Technologies's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Emerging Display Technologies's Cash-to-Debt falls into.

Save Embed

;

Save Embed

;

Emerging Display Technologies 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.

Emerging Display Technologies'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)
	=	1871.101	/	(11.613	+	356.43)
	=	5.08

Emerging Display Technologies'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)
	=	1871.101	/	(11.613	+	356.43)
	=	5.08

Emerging Display Technologies (TPE:3038) 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.

Emerging Display Technologies Cash-to-Debt Related Terms

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

Emerging Display Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Emerging Display Technologies Corp (TPE:3038) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 5, Central 1st Road, Qianzhen District, Kaohsiung, TWN

Website

https://www.edtc.com

Emerging Display Technologies Corp is engaged in manufacturing and selling Capacity Touch Panels and Liquid Crystal Displays (LCDs). Its operating segments include the Domestic segment, the North America segment, and the Mainland China segment. The Domestic segment engages in designing, manufacturing, and selling liquid crystal display modules and capacitive touch panels. The North America segment mainly expands the North American trading business and deals with the sale of liquid crystal displays provided by the domestic segment. The Mainland China segment engages in the manufacture of processing raw materials and supplies provided by the domestic segment. Geographically, the company derives key revenue from Europe and the rest from America, and other regions.

Emerging Display Technologies Headlines

No Headlines