Jeil Technos Co (XKRX:038010) Cash-to-Debt : 2.00 (As of Mar. 2024)

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What is Jeil Technos 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. Jeil Technos Co's cash to debt ratio for the quarter that ended in Mar. 2024 was 2.00.

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

XKRX:038010' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.11 Med: 0.22 Max: 2
Current: 2

During the past 13 years, Jeil Technos Co's highest Cash to Debt Ratio was 2.00. The lowest was 0.11. And the median was 0.22.

XKRX:038010's Cash-to-Debt is ranked better than
75.28% of 615 companies
in the Steel industry
Industry Median: 0.45 vs XKRX:038010: 2.00

Jeil Technos Co Cash-to-Debt Historical Data

The historical data trend for Jeil Technos 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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Jeil Technos Co Cash-to-Debt Chart

Jeil Technos Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.29

0.48

0.19

0.35

1.66

Jeil Technos 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															0.48	0.76	0.74	1.66	2.00

Competitive Comparison of Jeil Technos Co's Cash-to-Debt

For the Steel subindustry, Jeil Technos 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.

Jeil Technos Co's Cash-to-Debt Distribution in the Steel Industry

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

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

Jeil Technos 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.

Jeil Technos 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)
	=	27961.114	/	(15621.327	+	1185.87)
	=	1.66

Jeil Technos 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)
	=	32681.557	/	(15145.503	+	1185.87)
	=	2.00

Jeil Technos Co (XKRX:038010) 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.

Jeil Technos Co Cash-to-Debt Related Terms

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Jeil Technos Co (XKRX:038010) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Jeil Technos Co Ltd (XKRX:038010) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

1850 Jangheung-dong, Nam-gu, Pohang-si, Gyeongbuk, KOR, 790-240

Website

http://www.jeil21c.co.kr

Jeil Technos Co Ltd is a South Korea based company engaged in manufacturing and selling steel products for structure works, shipbuilding works, and wind plant works. The company offers NT decks, multi-decks, cap-decks, and hi-decks and provides T-bars.

Jeil Technos Co (XKRX:038010) Headlines

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