Okins Electronics Co (XKRX:080580) Cash-to-Debt : 0.18 (As of Dec. 2024)

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What is Okins Electronics 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. Okins Electronics Co's cash to debt ratio for the quarter that ended in Dec. 2024 was 0.18.

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

XKRX:080580' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.18 Med: 0.3 Max: 0.57
Current: 0.18

During the past 12 years, Okins Electronics Co's highest Cash to Debt Ratio was 0.57. The lowest was 0.18. And the median was 0.30.

XKRX:080580's Cash-to-Debt is ranked worse than
89.4% of 1009 companies
in the Semiconductors industry
Industry Median: 1.82 vs XKRX:080580: 0.18

Okins Electronics Co Cash-to-Debt Historical Data

The historical data trend for Okins Electronics 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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Okins Electronics Co Cash-to-Debt Chart

Okins Electronics Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash-to-Debt

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0.23

0.57

0.34

0.31

0.18

Okins Electronics Co 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															0.31	0.23	0.20	0.16	0.18

Competitive Comparison of Okins Electronics Co's Cash-to-Debt

For the Semiconductor Equipment & Materials subindustry, Okins Electronics 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.

Okins Electronics Co's Cash-to-Debt Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Okins Electronics Co's Cash-to-Debt distribution charts can be found below:

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

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Okins Electronics 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.

Okins Electronics Co'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)
	=	8317.491	/	(38485.523	+	8203.109)
	=	0.18

Okins Electronics Co'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)
	=	8317.491	/	(38485.523	+	8203.109)
	=	0.18

Okins Electronics Co (XKRX:080580) 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.

Okins Electronics Co Cash-to-Debt Related Terms

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

Okins Electronics Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Okins Electronics Co Ltd (XKRX:080580) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

13, Ojeongongeop-gil, 5th Floor, Gyeonggi-do, Uiwang-si, KOR, 16072

Website

http://www.okins.co.kr

Okins Electronics Co Ltd is a supplier of the device interface system. The company manufactures BiTS products for the applications to support device contacts for both memory and logic products. The business units of the organization include BiTS BU, Semiconductor BU and MEMS BU. The product line of the BiTS BU includes burn-in socket, test socket, memory module test socket, SSD module socket, spring probes and PION. Its semiconductor test service offers IC testing services for fabless design houses on test development and volume operation of wafer probing and package testing. The MEMS division is a solution-oriented department for manufacturing sockets for testing fine pitch packages.

Okins Electronics Co Headlines

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