Taesan LCD Company (XKRX:036210) Cash-to-Debt : No Debt ⁽¹⁾ (As of Sep. 2013)

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What is Taesan LCD Company 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. Taesan LCD Company's cash to debt ratio for the quarter that ended in Sep. 2013 was No Debt ⁽¹⁾.

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, Taesan LCD Company could pay off its debt using the cash in hand for the quarter that ended in Sep. 2013.

(1) 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.

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

XKRX:036210's Cash-to-Debt is not ranked ^*
in the Hardware industry.
Industry Median: 1.32
* Ranked among companies with meaningful Cash-to-Debt only.

Taesan LCD Company Cash-to-Debt Historical Data

The historical data trend for Taesan LCD Company'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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Taesan LCD Company Cash-to-Debt Chart

Taesan LCD Company Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Cash-to-Debt

0.29

0.25

0.37

0.23

0.21

Taesan LCD Company Quarterly Data
	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13
Cash-to-Debt	Get a 7-Day Free Trial															0.26	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Taesan LCD Company's Cash-to-Debt

For the Electronic Components subindustry, Taesan LCD Company'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.

Taesan LCD Company's Cash-to-Debt Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Taesan LCD Company's Cash-to-Debt distribution charts can be found below:

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

Taesan LCD Company 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.

Taesan LCD Company's Cash to Debt Ratio for the fiscal year that ended in Dec. 2011 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)
	=	30411.576	/	(0	+	141864.531)
	=	0.21

Taesan LCD Company's Cash to Debt Ratio for the quarter that ended in Sep. 2013 is calculated as:

Taesan LCD Company had no debt ⁽¹⁾.

Taesan LCD Company (XKRX:036210) 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.

Taesan LCD Company Cash-to-Debt Related Terms

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Taesan LCD Company (XKRX:036210) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Taesan LCD Company Ltd. (XKRX:036210) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

Taesan LCD Co., Ltd. was established in 1983. The company manufactures TFT-LCD. The company also mass-produced backlight units for TFT-LCD. The company was recognized for its high-quality products and high export sales.

Taesan LCD Company (XKRX:036210) Headlines

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Taesan LCD Company (XKRX:036210) Cash-to-Debt : No Debt (1) (As of Sep. 2013)