IK Semicon Co (XKRX:149010) Cash-to-Debt : 3.24 (As of Dec. 2023)

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What is IK Semicon 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. IK Semicon Co's cash to debt ratio for the quarter that ended in Dec. 2023 was 3.24.

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, IK Semicon Co could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

XKRX:149010' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.27 Med: 0.77 Max: 3.75
Current: 3.24

During the past 10 years, IK Semicon Co's highest Cash to Debt Ratio was 3.75. The lowest was 0.27. And the median was 0.77.

XKRX:149010's Cash-to-Debt is ranked better than
60.7% of 995 companies
in the Semiconductors industry
Industry Median: 1.78 vs XKRX:149010: 3.24

IK Semicon Co Cash-to-Debt Historical Data

The historical data trend for IK Semicon 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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IK Semicon Co Cash-to-Debt Chart

IK Semicon Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.86

0.93

2.03

3.75

3.24

IK Semicon Co Semi-Annual Data
	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Cash-to-Debt	Get a 7-Day Free Trial					0.86	0.93	2.03	3.75	3.24

Competitive Comparison of IK Semicon Co's Cash-to-Debt

For the Semiconductors subindustry, IK Semicon 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.

IK Semicon Co's Cash-to-Debt Distribution in the Semiconductors Industry

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

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

IK Semicon 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.

IK Semicon 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)
	=	5144.028	/	(1069.792	+	516.339)
	=	3.24

IK Semicon Co's Cash to Debt Ratio for the quarter 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)
	=	5144.028	/	(1069.792	+	516.339)
	=	3.24

IK Semicon Co (XKRX:149010) 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.

IK Semicon Co Cash-to-Debt Related Terms

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IK Semicon Co (XKRX:149010) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » IK Semicon Co Ltd (XKRX:149010) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Room 503, DMC Hi-Tech Industrial Center, 330 SeongAm-ro, Mapo-gu, Seoul, KOR, 121-912

Website

http://www.iksemi.com

IK Semicon Co Ltd is a IC design fabless semiconductor company in the fields of analog and mixed signal, supplying core technology IC's for automotive, smoke detector, earth leakage detector, LED lightning and home appliances.

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