GURUFOCUS.COM » STOCK LIST » Technology » Software » Konan Technology Inc (XKRX:402030) » Definitions » Cash-to-Debt

Konan Technology (XKRX:402030) Cash-to-Debt : 6.60 (As of Dec. 2023)


View and export this data going back to 2022. Start your Free Trial

What is Konan Technology 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. Konan Technology's cash to debt ratio for the quarter that ended in Dec. 2023 was 6.60.

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

XKRX:402030' s Cash-to-Debt Range Over the Past 10 Years
Min: 5.33   Med: 6.71   Max: 14.08
Current: 6.6

During the past 4 years, Konan Technology's highest Cash to Debt Ratio was 14.08. The lowest was 5.33. And the median was 6.71.

XKRX:402030's Cash-to-Debt is ranked better than
62.82% of 2800 companies
in the Software industry
Industry Median: 2.47 vs XKRX:402030: 6.60

Konan Technology Cash-to-Debt Historical Data

The historical data trend for Konan Technology'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.

* Premium members only.

Konan Technology Cash-to-Debt Chart

Konan Technology Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Cash-to-Debt
1.56 2.06 5.71 12.21

Konan Technology Quarterly Data
Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 12.21 8.88 6.82 6.48 6.60

Competitive Comparison of Konan Technology's Cash-to-Debt

For the Software - Infrastructure subindustry, Konan Technology'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.


Konan Technology's Cash-to-Debt Distribution in the Software Industry

For the Software industry and Technology sector, Konan Technology's Cash-to-Debt distribution charts can be found below:

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



Konan Technology 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.

Konan Technology's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 is calculated as:

Konan Technology's Cash to Debt Ratio for the quarter that ended in Dec. 2023 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.


Konan Technology  (XKRX:402030) 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.


Konan Technology Cash-to-Debt Related Terms

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


Konan Technology (XKRX:402030) Business Description

Traded in Other Exchanges
N/A
Address
Daeryung Seocho Tower, 327, 6th and 7th Floor, Gangnam-daero, Seocho-gu, Seoul, KOR, 137-751
Konan Technology Inc provides the smartest search/analysis/recommendation software and data service based on language and multimedia analysis technology. Its solutions comprise Crawler Solution, Analysis Solution, Search Solution, Content Management Solution, Mobile Solution.

Konan Technology (XKRX:402030) Headlines

No Headlines