COTS Technology Co (XKRX:448710) Cash-to-Debt : 4.10 (As of Mar. 2024)

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What is COTS Technology 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. COTS Technology Co's cash to debt ratio for the quarter that ended in Mar. 2024 was 4.10.

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

XKRX:448710' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.63 Med: 2.41 Max: 4.1
Current: 4.1

During the past 3 years, COTS Technology Co's highest Cash to Debt Ratio was 4.10. The lowest was 0.63. And the median was 2.41.

XKRX:448710's Cash-to-Debt is ranked better than
68.7% of 2479 companies
in the Hardware industry
Industry Median: 1.32 vs XKRX:448710: 4.10

COTS Technology Co Cash-to-Debt Historical Data

The historical data trend for COTS Technology 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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COTS Technology Co Cash-to-Debt Chart

COTS Technology Co Annual Data

Trend

Dec21

Dec22

Dec23

Cash-to-Debt

6.95

1.67

3.63

COTS Technology Co Quarterly Data
	Mar22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial			1.67	0.63	2.41	3.63	4.10

Competitive Comparison of COTS Technology Co's Cash-to-Debt

For the Computer Hardware subindustry, COTS Technology 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.

COTS Technology Co's Cash-to-Debt Distribution in the Hardware Industry

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

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

COTS Technology 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.

COTS Technology 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)
	=	29608.106	/	(7844.386	+	320.724)
	=	3.63

COTS Technology 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)
	=	24900.532	/	(5837.493	+	241.489)
	=	4.10

COTS Technology Co (XKRX:448710) 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.

COTS Technology Co Cash-to-Debt Related Terms

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COTS Technology Co (XKRX:448710) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » COTS Technology Co Ltd (XKRX:448710) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

C-702,744, Pangyo-ro, Bundang-gu, Gyeonggi-do, Seongnam-si, KOR

Website

https://www.cotstech.com

COTS Technology Co Ltd is a company that develops/produces Single Board Computers and Displays. The company Provides embedded integrated solutions optimized for user environments such as the defense industry and civil sector. It offers variety of products such as Single Board Computers , Rugged LCD Display and FPGA Accelerator.

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