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Doosan Bobcat (XKRX:241560) Cash-to-Debt : 1.21 (As of Mar. 2024)


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What is Doosan Bobcat 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. Doosan Bobcat's cash to debt ratio for the quarter that ended in Mar. 2024 was 1.21.

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, Doosan Bobcat 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 Doosan Bobcat's Cash-to-Debt or its related term are showing as below:

XKRX:241560' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.22   Med: 0.38   Max: 1.21
Current: 1.21

During the past 9 years, Doosan Bobcat's highest Cash to Debt Ratio was 1.21. The lowest was 0.22. And the median was 0.38.

XKRX:241560's Cash-to-Debt is ranked better than
63.29% of 207 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 0.58 vs XKRX:241560: 1.21

Doosan Bobcat Cash-to-Debt Historical Data

The historical data trend for Doosan Bobcat'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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Doosan Bobcat Cash-to-Debt Chart

Doosan Bobcat Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only 0.26 0.72 0.49 0.47 0.99

Doosan Bobcat 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.67 0.84 0.98 0.99 1.21

Competitive Comparison of Doosan Bobcat's Cash-to-Debt

For the Farm & Heavy Construction Machinery subindustry, Doosan Bobcat'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.


Doosan Bobcat's Cash-to-Debt Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Doosan Bobcat's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Doosan Bobcat's Cash-to-Debt falls into.



Doosan Bobcat 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.

Doosan Bobcat's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Doosan Bobcat's Cash to Debt Ratio for the quarter that ended in Mar. 2024 is calculated as:

* 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.


Doosan Bobcat  (XKRX:241560) 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.


Doosan Bobcat Cash-to-Debt Related Terms

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Doosan Bobcat (XKRX:241560) Business Description

Traded in Other Exchanges
N/A
Address
Doosan Tower, 275, Jangchungdan-ro, Jung-gu, Seoul, KOR
Doosan Bobcat Inc is engaged in the engineering, manufacturing, and marketing of construction equipment. The company sells its products under Bobcat, Geith, and Doosan brands. Its products include compact loaders, excavators, dump trucks, among others.

Doosan Bobcat (XKRX:241560) Headlines

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