Choo Chiang Holdings (SGX:42E) Cash-to-Debt : 11.24 (As of Dec. 2024)

View and export this data going back to 2015. Start your Free Trial

What is Choo Chiang Holdings 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. Choo Chiang Holdings's cash to debt ratio for the quarter that ended in Dec. 2024 was 11.24.

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, Choo Chiang Holdings could pay off its debt using the cash in hand for the quarter that ended in Dec. 2024.

The historical rank and industry rank for Choo Chiang Holdings's Cash-to-Debt or its related term are showing as below:

SGX:42E' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.12 Med: 5.82 Max: 11.24
Current: 11.24

During the past 11 years, Choo Chiang Holdings's highest Cash to Debt Ratio was 11.24. The lowest was 1.12. And the median was 5.82.

SGX:42E's Cash-to-Debt is ranked better than
78.15% of 2444 companies
in the Hardware industry
Industry Median: 1.47 vs SGX:42E: 11.24

Choo Chiang Holdings Cash-to-Debt Historical Data

The historical data trend for Choo Chiang Holdings'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.

Choo Chiang Holdings Cash-to-Debt Chart

Choo Chiang Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash-to-Debt

Get a 7-Day Free Trial

4.69

6.41

7.87

9.62

11.24

Choo Chiang Holdings Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Cash-to-Debt	Get a 7-Day Free Trial															7.87	9.06	9.62	9.39	11.24

Competitive Comparison of Choo Chiang Holdings's Cash-to-Debt

For the Electronics & Computer Distribution subindustry, Choo Chiang Holdings'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.

Choo Chiang Holdings's Cash-to-Debt Distribution in the Hardware Industry

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

* The bar in red indicates where Choo Chiang Holdings's Cash-to-Debt falls into.

Save Embed

;

Save Embed

;

Choo Chiang Holdings 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.

Choo Chiang Holdings's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
	=	36.043	/	(0.396	+	2.812)
	=	11.24

Choo Chiang Holdings's Cash to Debt Ratio for the quarter that ended in Dec. 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)
	=	36.043	/	(0.396	+	2.812)
	=	11.24

Choo Chiang Holdings (SGX:42E) 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.

Choo Chiang Holdings Cash-to-Debt Related Terms

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

Choo Chiang Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Choo Chiang Holdings Ltd (SGX:42E) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

10 Woodlands Loop, Singapore, SGP, 738388

Website

https://www.choochiang.com

Choo Chiang Holdings Ltd, along with its subsidiaries, operates as a retailer and distributor of electrical products and accessories. It operates through the distribution business and property investment segments. The distribution business segment, which generates key revenue, sells electrical products and accessories. The property investment segment holds investment properties. The company offers electrical cables & cable accessories, electrical wiring accessories, electrical circuit protection, earthing & lightning protection, cable support system, ventilating, wall-mounted & ceiling fans, power drills & handheld tools, luminaires, lamps, and accessories.

Choo Chiang Holdings Headlines

No Headlines