Charan Insurance PCL (BKK:CHARAN) Cash-to-Debt : No Debt ⁽¹⁾ (As of Dec. 2023)

View and export this data going back to 1993. Start your Free Trial

What is Charan Insurance PCL 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. Charan Insurance PCL's cash to debt ratio for the quarter that ended in Dec. 2023 was No Debt ⁽¹⁾.

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, Charan Insurance PCL could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

(1) 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.

The historical rank and industry rank for Charan Insurance PCL's Cash-to-Debt or its related term are showing as below:

BKK:CHARAN' s Cash-to-Debt Range Over the Past 10 Years
Min: No Debt Med: No Debt Max: No Debt
Current: No Debt

During the past 13 years, Charan Insurance PCL's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

BKK:CHARAN's Cash-to-Debt is ranked better than
99.59% of 482 companies
in the Insurance industry
Industry Median: 1.83 vs BKK:CHARAN: No Debt

Charan Insurance PCL Cash-to-Debt Historical Data

The historical data trend for Charan Insurance PCL'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.

Charan Insurance PCL Cash-to-Debt Chart

Charan Insurance PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

Charan Insurance PCL Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Charan Insurance PCL's Cash-to-Debt

For the Insurance - Property & Casualty subindustry, Charan Insurance PCL'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.

Charan Insurance PCL's Cash-to-Debt Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Charan Insurance PCL's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Charan Insurance PCL's Cash-to-Debt falls into.

Charan Insurance PCL Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents 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.

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

Charan Insurance PCL had no debt ⁽¹⁾.

Charan Insurance PCL's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Charan Insurance PCL had no debt ⁽¹⁾.

Charan Insurance PCL (BKK:CHARAN) 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.

Charan Insurance PCL Cash-to-Debt Related Terms

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

Charan Insurance PCL (BKK:CHARAN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Charan Insurance PCL (BKK:CHARAN) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

408/1 Ratchadapisak Road, Samsennok, Huaykwang, Bangkok, THA, 10310

Website

http://www.charaninsurance.com

Charan Insurance PCL is a Thailand based company operating in the insurance sector. The primary activity of the company is to provide non-life insurance services. Its non-life insurance products include Fire insurance, Motor insurance, Personal accident insurance, Marine, and transportation insurance, and Miscellaneous insurance. The company operates principally in Thailand and generates the majority of the revenue from the Motor insurance services it offers.

Charan Insurance PCL (BKK:CHARAN) Headlines

No Headlines

Charan Insurance PCL (BKK:CHARAN) Cash-to-Debt : No Debt (1) (As of Dec. 2023)