Inoue Rubber (Thailand) PCL (BKK:IRC-R) Cash-to-Debt

: 2,691.65 (As of Dec. 2023)

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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. Inoue Rubber (Thailand) PCL's cash to debt ratio for the quarter that ended in Dec. 2023 was 2,691.65.

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, Inoue Rubber (Thailand) PCL 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 Inoue Rubber (Thailand) PCL's Cash-to-Debt or its related term are showing as below:

BKK:IRC-R' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.64 Med: 1570.81 Max: No Debt
Current: 2691.65

During the past 13 years, Inoue Rubber (Thailand) PCL's highest Cash to Debt Ratio was No Debt. The lowest was 0.64. And the median was 1570.81.

BKK:IRC-R's Cash-to-Debt is ranked better than
97.07% of 1295 companies
in the Vehicles & Parts industry
Industry Median: 0.56 vs BKK:IRC-R: 2691.65

Inoue Rubber (Thailand) PCL Cash-to-Debt Historical Data

The historical data trend for Inoue Rubber (Thailand) 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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Inoue Rubber (Thailand) PCL Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Cash-to-Debt

No Debt

1,264.68

1,689.01

2,793.30

Inoue Rubber (Thailand) 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																1,660.15	2,183.72	2,519.98	2,793.30	2,691.65

Competitive Comparison

For the Auto Parts subindustry, Inoue Rubber (Thailand) 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.

Inoue Rubber (Thailand) PCL Cash-to-Debt Distribution

For the Vehicles & Parts industry and Consumer Cyclical sector, Inoue Rubber (Thailand) PCL's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Inoue Rubber (Thailand) PCL's Cash-to-Debt falls into.

Inoue Rubber (Thailand) 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.

Inoue Rubber (Thailand) PCL's Cash to Debt Ratio for the fiscal year that ended in Sep. 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)
	=	1712.29	/	(0.217	+	0.396)
	=	2,793.30

Inoue Rubber (Thailand) PCL's Cash to Debt Ratio for the quarter 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)
	=	1674.209	/	(0.219	+	0.403)
	=	2,691.65

Inoue Rubber (Thailand) PCL (BKK:IRC-R) 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.

Inoue Rubber (Thailand) PCL Cash-to-Debt Related Terms

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Inoue Rubber (Thailand) PCL (BKK:IRC-R) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Inoue Rubber (Thailand) PCL (BKK:IRC-R) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

IRC:Thailand

Address

No. 258, Soi Rangsit-Nakornnayok 49, Prachathipat Sub-district, Thanyaburi District, Pathumthani, THA, 12130

Website

https://www.ircthailand.com

Inoue Rubber (Thailand) PCL is principally engaged in the manufacture and distribution of Automotive Elastomer Products, motorcycle tires, tubes, and industrial elastomer rubber parts. Geographically, it derives a majority of its revenue from Thailand. The company's reportable segments includes geographical areas that are Local and Export, out of which key revenue is generated from Local Segment. Its products involve Automotive Elastomer Products, Motorcycle Tires and Tubes and Industrial Elastomer Parts.

Inoue Rubber (Thailand) PCL (BKK:IRC-R) Headlines

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