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SK-Electronics Co (TSE:6677) Cash-to-Debt : 15.60 (As of Sep. 2024)


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What is SK-Electronics 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. SK-Electronics Co's cash to debt ratio for the quarter that ended in Sep. 2024 was 15.60.

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, SK-Electronics Co could pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

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

TSE:6677' s Cash-to-Debt Range Over the Past 10 Years
Min: 2.32   Med: 8.21   Max: 20.92
Current: 15.6

During the past 13 years, SK-Electronics Co's highest Cash to Debt Ratio was 20.92. The lowest was 2.32. And the median was 8.21.

TSE:6677's Cash-to-Debt is ranked better than
81.9% of 2459 companies
in the Hardware industry
Industry Median: 1.29 vs TSE:6677: 15.60

SK-Electronics Co Cash-to-Debt Historical Data

The historical data trend for SK-Electronics 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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SK-Electronics Co Cash-to-Debt Chart

SK-Electronics Co Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.32 2.64 5.81 9.55 15.60

SK-Electronics Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.55 9.95 11.46 N/A 15.60

Competitive Comparison of SK-Electronics Co's Cash-to-Debt

For the Electronic Components subindustry, SK-Electronics 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.


SK-Electronics Co's Cash-to-Debt Distribution in the Hardware Industry

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

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



SK-Electronics 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.

SK-Electronics Co's Cash to Debt Ratio for the fiscal year that ended in Sep. 2024 is calculated as:

SK-Electronics Co's Cash to Debt Ratio for the quarter that ended in Sep. 2024 is calculated as:

* 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.


SK-Electronics Co  (TSE:6677) 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.


SK-Electronics Co Cash-to-Debt Related Terms

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SK-Electronics Co Business Description

Traded in Other Exchanges
N/A
Address
Kyoto-ku Nagori Higashi-Horiba Ichijo Le 432, Kamigyo-ku, Tomitomita cho, Kyoto, JPN, 602-0955
SK-Electronics Co Ltd manufactures and sells large photomasks for liquid crystal displays and electric devices. The company also manufactures various circuit inspection boards.

SK-Electronics Co Headlines

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