Thai Union Feedmill PCL (BKK:TFM) Cash-to-Debt

: 4.08 (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. Thai Union Feedmill PCL's cash to debt ratio for the quarter that ended in Dec. 2023 was 4.08.

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, Thai Union Feedmill 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 Thai Union Feedmill PCL's Cash-to-Debt or its related term are showing as below:

BKK:TFM' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.06 Med: 0.33 Max: 4.08
Current: 4.08

During the past 7 years, Thai Union Feedmill PCL's highest Cash to Debt Ratio was 4.08. The lowest was 0.06. And the median was 0.33.

BKK:TFM's Cash-to-Debt is ranked better than
78.1% of 1845 companies
in the Consumer Packaged Goods industry
Industry Median: 0.53 vs BKK:TFM: 4.08

Thai Union Feedmill PCL Cash-to-Debt Historical Data

The historical data trend for Thai Union Feedmill 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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Thai Union Feedmill PCL Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

0.19

0.33

2.56

3.78

4.08

Thai Union Feedmill PCL Quarterly Data
	Dec17	Dec18	Dec19	Mar20	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt														3.78	2.81	2.56	2.64	4.08

Competitive Comparison

For the Farm Products subindustry, Thai Union Feedmill 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.

Thai Union Feedmill PCL Cash-to-Debt Distribution

For the Consumer Packaged Goods industry and Consumer Defensive sector, Thai Union Feedmill PCL's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Thai Union Feedmill PCL's Cash-to-Debt falls into.

Thai Union Feedmill 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.

Thai Union Feedmill PCL'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)
	=	587.281	/	(78.387	+	65.503)
	=	4.08

Thai Union Feedmill 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)
	=	587.281	/	(78.387	+	65.503)
	=	4.08

Thai Union Feedmill PCL (BKK:TFM) 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.

Thai Union Feedmill PCL Cash-to-Debt Related Terms

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Thai Union Feedmill PCL (BKK:TFM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Thai Union Feedmill PCL (BKK:TFM) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

89/1 Moo 2, Rama 2 Road, Kalong Subdistrict, Mueang District, Samut Sakhon Province, Samut Sakhon, THA, 74000

Website

https://www.thaiunionfeedmill.com

Thai Union Feedmill PCL is a manufacturer and distributor of aquatic feed in Thailand. Business is organised into four reportable segments; Shrimp feed products; Fish feed products; Livestock feed products and Others. The firm generates the majority of its revenue from Shrimp feed products. Geographically it exports to Pakistan and others and drives key revenue from Thailand.

Thai Union Feedmill PCL (BKK:TFM) Headlines

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