Heungkuk Metaltech Co (XKRX:010240) Cash-to-Debt : 7.47 (As of Dec. 2024)

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What is Heungkuk Metaltech 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. Heungkuk Metaltech Co's cash to debt ratio for the quarter that ended in Dec. 2024 was 7.47.

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, Heungkuk Metaltech Co 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 Heungkuk Metaltech Co's Cash-to-Debt or its related term are showing as below:

XKRX:010240' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.19 Med: 1.22 Max: 7.47
Current: 7.47

During the past 13 years, Heungkuk Metaltech Co's highest Cash to Debt Ratio was 7.47. The lowest was 0.19. And the median was 1.22.

XKRX:010240's Cash-to-Debt is ranked better than
84.35% of 626 companies
in the Steel industry
Industry Median: 0.4 vs XKRX:010240: 7.47

Heungkuk Metaltech Co Cash-to-Debt Historical Data

The historical data trend for Heungkuk Metaltech 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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Heungkuk Metaltech Co Cash-to-Debt Chart

Heungkuk Metaltech Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash-to-Debt

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1.20

1.10

2.04

2.58

7.47

Heungkuk Metaltech 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															2.58	3.76	3.51	4.81	7.47

Competitive Comparison of Heungkuk Metaltech Co's Cash-to-Debt

For the Steel subindustry, Heungkuk Metaltech 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.

Heungkuk Metaltech Co's Cash-to-Debt Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Heungkuk Metaltech Co's Cash-to-Debt distribution charts can be found below:

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

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Heungkuk Metaltech 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.

Heungkuk Metaltech 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)
	=	33231.169	/	(3017.111	+	1433.245)
	=	7.47

Heungkuk Metaltech 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)
	=	33231.169	/	(3017.111	+	1433.245)
	=	7.47

Heungkuk Metaltech Co (XKRX:010240) 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.

Heungkuk Metaltech Co Cash-to-Debt Related Terms

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

Heungkuk Metaltech Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Heungkuk Metaltech Co Ltd (XKRX:010240) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

357 Asan Valley, Dunpo Myeon, Chungcheong South Province, Asan, KOR

Website

http://www.heungkuk.co.kr

Heungkuk Metaltech Co Ltd is a Korea based parts manufacturer for construction machinery. It also offers forging parts. The products offered by the company are roller assy parts like upper rollers, CTL roller and lower roller; idler assy parts like tension cylinder; sprocket; and floating seal. In addition to Korea, the company also has a business presence in China.

Heungkuk Metaltech Co Headlines

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