City Steel PCL (BKK:CITY) Cash-to-Debt : 1,304.83 (As of Jan. 2024)

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What is City Steel 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. City Steel PCL's cash to debt ratio for the quarter that ended in Jan. 2024 was 1,304.83.

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, City Steel PCL could pay off its debt using the cash in hand for the quarter that ended in Jan. 2024.

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

BKK:CITY' s Cash-to-Debt Range Over the Past 10 Years
Min: 414.06 Med: No Debt Max: No Debt
Current: 1304.83

During the past 13 years, City Steel PCL's highest Cash to Debt Ratio was No Debt. The lowest was 414.06. And the median was No Debt.

BKK:CITY's Cash-to-Debt is ranked better than
94.26% of 2999 companies
in the Industrial Products industry
Industry Median: 1.22 vs BKK:CITY: 1304.83

City Steel PCL Cash-to-Debt Historical Data

The historical data trend for City Steel 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.

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City Steel PCL Cash-to-Debt Chart

City Steel PCL Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Cash-to-Debt

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No Debt

6,567.97

692.56

985.77

City Steel PCL Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Cash-to-Debt	Get a 7-Day Free Trial															790.89	887.25	985.77	1,127.83	1,304.83

Competitive Comparison of City Steel PCL's Cash-to-Debt

For the Metal Fabrication subindustry, City Steel 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.

City Steel PCL's Cash-to-Debt Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, City Steel PCL's Cash-to-Debt distribution charts can be found below:

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

City Steel PCL 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.

City Steel PCL's Cash to Debt Ratio for the fiscal year that ended in Jul. 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)
	=	1008.44	/	(0.501	+	0.522)
	=	985.77

City Steel PCL's Cash to Debt Ratio for the quarter that ended in Jan. 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)
	=	1011.241	/	(0.511	+	0.264)
	=	1,304.83

City Steel PCL (BKK:CITY) 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.

City Steel PCL Cash-to-Debt Related Terms

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

City Steel PCL (BKK:CITY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » City Steel PCL (BKK:CITY) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

88/3 Moo 4, Bypass Road, Tumbol Nongmaidaeng, Amphur Muang, Chonburi, THA, 20000

Website

http://www.citysteelpcl.com

City Steel PCL is principally engaged in manufacturing and sale of metal structures, storage system and material handling equipment, and fabricated metal parts, as well as the provision of one-stop metal processing services and the sale of metals. Geographically, it operates only in Thailand.

City Steel PCL (BKK:CITY) Headlines

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