Posco M-Tech Co (XKRX:009520) Cash-to-Debt : 72.07 (As of Dec. 2023)

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What is Posco M-Tech Co 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. Posco M-Tech Co's cash to debt ratio for the quarter that ended in Dec. 2023 was 72.07.

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, Posco M-Tech Co 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 Posco M-Tech Co's Cash-to-Debt or its related term are showing as below:

XKRX:009520' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.22 Med: 45.82 Max: No Debt
Current: 72.07

During the past 13 years, Posco M-Tech Co's highest Cash to Debt Ratio was No Debt. The lowest was 0.22. And the median was 45.82.

XKRX:009520's Cash-to-Debt is ranked better than
91.54% of 615 companies
in the Steel industry
Industry Median: 0.43 vs XKRX:009520: 72.07

Posco M-Tech Co Cash-to-Debt Historical Data

The historical data trend for Posco M-Tech 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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Posco M-Tech Co Cash-to-Debt Chart

Posco M-Tech Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

101.51

248.21

110.59

19.58

72.07

Posco M-Tech 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	Get a 7-Day Free Trial															19.58	21.70	56.44	67.17	72.07

Competitive Comparison of Posco M-Tech Co's Cash-to-Debt

For the Steel subindustry, Posco M-Tech 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.

Posco M-Tech Co's Cash-to-Debt Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Posco M-Tech Co's Cash-to-Debt distribution charts can be found below:

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

Posco M-Tech 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.

Posco M-Tech 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)
	=	42013.235	/	(394.765	+	188.226)
	=	72.06

Posco M-Tech 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)
	=	42013.235	/	(394.765	+	188.226)
	=	72.06

Posco M-Tech Co (XKRX:009520) 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.

Posco M-Tech Co Cash-to-Debt Related Terms

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

Posco M-Tech Co (XKRX:009520) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Posco M-Tech Co Ltd (XKRX:009520) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

131, Hyeongsangangbuk-ro, Nam-gu, Gyeongsanbuk-do, Pohang, KOR, 37835

Website

http://www.poscomtech.com

Posco M-Tech Co Ltd is a South Korea based company engages in the provision of steel raw materials and packing materials and services. Its products include aluminum deoxidizers; ferro silicon; ferro molybdenum, magnesium ingots and Fe powder; and StrapMaster.

Posco M-Tech Co (XKRX:009520) Headlines

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