King Core Electronics (TPE:6155) Cash-to-Debt : 1.98 (As of Dec. 2024)

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What is King Core Electronics 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. King Core Electronics's cash to debt ratio for the quarter that ended in Dec. 2024 was 1.98.

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, King Core Electronics 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 King Core Electronics's Cash-to-Debt or its related term are showing as below:

TPE:6155' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.33 Med: 1.91 Max: 2.06
Current: 1.98

During the past 13 years, King Core Electronics's highest Cash to Debt Ratio was 2.06. The lowest was 1.33. And the median was 1.91.

TPE:6155's Cash-to-Debt is ranked better than
56.64% of 2447 companies
in the Hardware industry
Industry Median: 1.43 vs TPE:6155: 1.98

King Core Electronics Cash-to-Debt Historical Data

The historical data trend for King Core Electronics'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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King Core Electronics Cash-to-Debt Chart

King Core Electronics Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash-to-Debt

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1.53

1.33

2.02

1.98

King Core Electronics 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															1.98	1.96	2.20	1.98	1.98

Competitive Comparison of King Core Electronics's Cash-to-Debt

For the Electronic Components subindustry, King Core Electronics'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.

King Core Electronics's Cash-to-Debt Distribution in the Hardware Industry

For the Hardware industry and Technology sector, King Core Electronics's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where King Core Electronics's Cash-to-Debt falls into.

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King Core Electronics 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.

King Core Electronics'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)
	=	1064.244	/	(530.561	+	6.562)
	=	1.98

King Core Electronics'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)
	=	1064.244	/	(530.561	+	6.562)
	=	1.98

King Core Electronics (TPE:6155) 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.

King Core Electronics Cash-to-Debt Related Terms

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King Core Electronics Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » King Core Electronics Inc (TPE:6155) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

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Address

No.269, Nanfeng Road, Pingzhen District, Taoyuan, TWN, 324

Website

https://www.kingcore.com

King Core Electronics Inc is a manufacturer and service provider of inductance components and electromagnetic interference countermeasures. The company manufactures soft ferrites, magnetic core Flyback converters, convergence coils, delay-line filtering, electromagnetic components, micro coil, common mode choke, other coils, multilayer chip inductors, bead core/ chip beads, bead array, high-frequency ceramic chip inductors, telecommunications inductor and electromagnetic interference (EMI), converters and sales of the mentioned products. Geographically, the company generates a majority of its revenue from China and the rest from Taiwan, and other countries.

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