Daechang Industrial (XKRX:012800) Cash-to-Debt : 0.08 (As of Dec. 2024)

View and export this data going back to 1989. Start your Free Trial

What is Daechang Industrial 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. Daechang Industrial's cash to debt ratio for the quarter that ended in Dec. 2024 was 0.08.

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, Daechang Industrial 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 Daechang Industrial's Cash-to-Debt or its related term are showing as below:

XKRX:012800' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.05 Med: 0.08 Max: 0.14
Current: 0.08

During the past 13 years, Daechang Industrial's highest Cash to Debt Ratio was 0.14. The lowest was 0.05. And the median was 0.08.

XKRX:012800's Cash-to-Debt is ranked worse than
92.92% of 3008 companies
in the Industrial Products industry
Industry Median: 1.25 vs XKRX:012800: 0.08

Daechang Industrial Cash-to-Debt Historical Data

The historical data trend for Daechang Industrial'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.

Daechang Industrial Cash-to-Debt Chart

Daechang Industrial Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash-to-Debt

Get a 7-Day Free Trial

0.05

0.08

0.14

0.08

Daechang Industrial 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															0.08	0.08	0.07	0.07	0.08

Competitive Comparison of Daechang Industrial's Cash-to-Debt

For the Metal Fabrication subindustry, Daechang Industrial'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.

Daechang Industrial's Cash-to-Debt Distribution in the Industrial Products Industry

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

* The bar in red indicates where Daechang Industrial's Cash-to-Debt falls into.

Save Embed

;

Save Embed

;

Daechang Industrial 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.

Daechang Industrial'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)
	=	30656.379	/	(377039.751	+	25892.171)
	=	0.08

Daechang Industrial'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)
	=	30656.379	/	(377039.751	+	25892.171)
	=	0.08

Daechang Industrial (XKRX:012800) 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.

Daechang Industrial Cash-to-Debt Related Terms

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

Daechang Industrial Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Daechang Industrial (XKRX:012800) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

506 4 Na, Sihwa Industrial Complex, 1292-4, Jeongwang-dong, Gyeonggi-do, Siheung-si, KOR

Website

http://www.brasone.com

Daechang Industrial is a Korea based producer of brass-related products. Its products include mill berry, berry, birch, cliff, clove, cobra, honey, label, lace, lake, night, noble and ocean. The brass products offered by the company are utilized as materials for parts of semiconductor, electrics and electronics, car, vessel, machine and others.

Daechang Industrial Headlines

No Headlines