Global TEK Fabrication Co (TPE:4566) Cash-to-Debt : 0.60 (As of Dec. 2024)

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What is Global TEK Fabrication 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. Global TEK Fabrication Co's cash to debt ratio for the quarter that ended in Dec. 2024 was 0.60.

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, Global TEK Fabrication Co 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 Global TEK Fabrication Co's Cash-to-Debt or its related term are showing as below:

TPE:4566' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.42 Med: 0.67 Max: 1.08
Current: 0.6

During the past 12 years, Global TEK Fabrication Co's highest Cash to Debt Ratio was 1.08. The lowest was 0.42. And the median was 0.67.

TPE:4566's Cash-to-Debt is ranked worse than
63.97% of 3009 companies
in the Industrial Products industry
Industry Median: 1.24 vs TPE:4566: 0.60

Global TEK Fabrication Co Cash-to-Debt Historical Data

The historical data trend for Global TEK Fabrication 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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Global TEK Fabrication Co Cash-to-Debt Chart

Global TEK Fabrication Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash-to-Debt

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0.98

0.84

0.42

0.67

0.60

Global TEK Fabrication 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															0.67	0.72	0.63	0.63	0.60

Competitive Comparison of Global TEK Fabrication Co's Cash-to-Debt

For the Specialty Industrial Machinery subindustry, Global TEK Fabrication 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.

Global TEK Fabrication Co's Cash-to-Debt Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Global TEK Fabrication Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Global TEK Fabrication Co's Cash-to-Debt falls into.

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Global TEK Fabrication 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.

Global TEK Fabrication 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)
	=	2074.045	/	(1169.936	+	2293.238)
	=	0.60

Global TEK Fabrication 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)
	=	2074.045	/	(1169.936	+	2293.238)
	=	0.60

Global TEK Fabrication Co (TPE:4566) 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.

Global TEK Fabrication Co Cash-to-Debt Related Terms

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

Global TEK Fabrication Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Global TEK Fabrication Co Ltd (TPE:4566) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Xintai 5th Road, Building C, 15th Floor, No.94, Section 1, Xizhi District, New Taipei City, TWN, 22102

Website

https://www.globaltek.com.tw

Global TEK Fabrication Co Ltd is a precision machining manufacturing company. It offers investment casting, precision machining, deep drawing, and surface finishing services. The main products are industrial automatic control parts, communication parts, aviation equipment parts, etc. The company has three segments namely, Automotive, Industrial, and Aviation.

Global TEK Fabrication Co Headlines

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