Hanssem Co (XKRX:009240) Cash-to-Debt

: 0.40 (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. Hanssem Co's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.40.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Hanssem Co couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

XKRX:009240' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.29 Med: 1.22 Max: 17.06
Current: 0.4

During the past 13 years, Hanssem Co's highest Cash to Debt Ratio was 17.06. The lowest was 0.29. And the median was 1.22.

XKRX:009240's Cash-to-Debt is ranked worse than
68.02% of 419 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.93 vs XKRX:009240: 0.40

Hanssem Co Cash-to-Debt Historical Data

The historical data trend for Hanssem Co'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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Hanssem Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

0.84

1.21

0.79

0.29

0.40

Hanssem Co 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																0.29	1.71	0.55	0.67	0.40

Competitive Comparison

For the Furnishings, Fixtures & Appliances subindustry, Hanssem Co'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.

Hanssem Co Cash-to-Debt Distribution

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Hanssem Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Hanssem Co's Cash-to-Debt falls into.

Hanssem Co 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.

Hanssem Co'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)
	=	109091.652	/	(109218.996	+	160736.131)
	=	0.40

Hanssem Co'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)
	=	109091.652	/	(109218.996	+	160736.131)
	=	0.40

Hanssem Co (XKRX:009240) 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.

Hanssem Co Cash-to-Debt Related Terms

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Hanssem Co (XKRX:009240) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Hanssem Co Ltd (XKRX:009240) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

144 Beonyeong 2-ro, Danwon-Gu, Gyeonggi-do, Ansan-si, KOR

Website

https://www.hanssem.com

Hanssem Co Ltd is a Korea-based company primarily engaged in the manufacture and distribution of furniture, appliances, household accessories, fabric products, etc. It provides furniture used for kitchens, bedrooms, living rooms, bathrooms, and other spaces. All items are supplied through large direct stores, kitchen-and-interior-specialized stores, online shopping malls, and interior affiliated stores.

Hanssem Co (XKRX:009240) Headlines

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