Posco DX Co (XKRX:022100) Cash-to-Debt : 19.83 (As of Mar. 2024)

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What is Posco DX 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. Posco DX Co's cash to debt ratio for the quarter that ended in Mar. 2024 was 19.83.

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

XKRX:022100' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.39 Med: 30.71 Max: 1229.11
Current: 19.83

During the past 13 years, Posco DX Co's highest Cash to Debt Ratio was 1229.11. The lowest was 0.39. And the median was 30.71.

XKRX:022100's Cash-to-Debt is ranked better than
74.43% of 2796 companies
in the Software industry
Industry Median: 2.525 vs XKRX:022100: 19.83

Posco DX Co Cash-to-Debt Historical Data

The historical data trend for Posco DX 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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Posco DX Co Cash-to-Debt Chart

Posco DX Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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32.88

79.90

30.87

24.94

25.47

Posco DX Co 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															16.13	30.55	43.96	25.47	19.83

Competitive Comparison of Posco DX Co's Cash-to-Debt

For the Information Technology Services subindustry, Posco DX 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.

Posco DX Co's Cash-to-Debt Distribution in the Software Industry

For the Software industry and Technology sector, Posco DX Co's Cash-to-Debt distribution charts can be found below:

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

Posco DX 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.

Posco DX Co'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)
	=	61645.702	/	(870.03	+	1550.692)
	=	25.47

Posco DX Co'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)
	=	64983.148	/	(1119.731	+	2157.86)
	=	19.83

Posco DX Co (XKRX:022100) 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.

Posco DX Co Cash-to-Debt Related Terms

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

Posco DX Co (XKRX:022100) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Posco DX Co Ltd (XKRX:022100) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

68, Hodong-ro, Nam-gu, Gyeongsangbuk-do, Pohang-si, KOR, 37861

Website

https://www.poscodx.com

Posco DX Co Ltd is a provider of information technology services and solutions. The firm has Smart Factory, Information Technology Services and Energy and SOC segments. Smart Factory segment comprises an automatically controlled production system that involves the management of the environment, facility, energy, safety, virtual, production, and logistics. IT Services segment consists of cloud, system deployment, infrastructure operation, and security for the need of clients. The energy segment comprises the services needed for using energy efficiently. The SOC segment includes solutions to urban infrastructures.

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