Fursys (XKRX:016800) Cash-to-Debt : 34.40 (As of Mar. 2024)

View and export this data going back to 1996. Start your Free Trial

What is Fursys 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. Fursys's cash to debt ratio for the quarter that ended in Mar. 2024 was 34.40.

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, Fursys could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

XKRX:016800' s Cash-to-Debt Range Over the Past 10 Years
Min: 24.21 Med: 5065.78 Max: No Debt
Current: 34.4

During the past 13 years, Fursys's highest Cash to Debt Ratio was No Debt. The lowest was 24.21. And the median was 5065.78.

XKRX:016800's Cash-to-Debt is ranked better than
86.37% of 411 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.95 vs XKRX:016800: 34.40

Fursys Cash-to-Debt Historical Data

The historical data trend for Fursys'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.

Fursys Cash-to-Debt Chart

Fursys Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

46.42

63.97

131.56

24.21

39.23

Fursys Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															30.17	26.53	30.64	39.23	34.40

Competitive Comparison of Fursys's Cash-to-Debt

For the Furnishings, Fixtures & Appliances subindustry, Fursys'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.

Fursys's Cash-to-Debt Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Fursys's Cash-to-Debt distribution charts can be found below:

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

Fursys 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.

Fursys's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 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)
	=	188304.72	/	(1229.27	+	3570.651)
	=	39.23

Fursys's Cash to Debt Ratio for the quarter that ended in Mar. 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)
	=	176228.407	/	(1425.837	+	3696.68)
	=	34.40

Fursys (XKRX:016800) 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.

Fursys Cash-to-Debt Related Terms

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

Fursys (XKRX:016800) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Fursys Inc (XKRX:016800) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

311 (Ogeum-dong 45-1), Songpa-popliteal emphasis Buildings, Seoul, KOR, 138-857

Website

http://www.fursys.co.kr

Fursys Inc. is engaged in manufacturing, supply, and distribution of office, home, educational, and hospital furniture. It offers desks and panels, premiere class furniture, conference tables, personal computer (PC) tables, executive chairs, task chairs, multi-purpose chairs, sofa, sofa tables, lobby chairs, lounge chairs, partitions, and others. The company provides its products under the brand name FURSYS. The group exports its products to various markets of China, Taiwan, Singapore, Russia, Panama, Peru, Chile, Guatemala, Bulgaria, Saudi Arabia, and other countries.

Fursys (XKRX:016800) Headlines

No Headlines