Advice IT Infinite PCL (BKK:ADVICE) Cash-to-Debt : 0.29 (As of Sep. 2023)

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What is Advice IT Infinite PCL 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. Advice IT Infinite PCL's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.29.

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, Advice IT Infinite PCL couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

The historical rank and industry rank for Advice IT Infinite PCL's Cash-to-Debt or its related term are showing as below:

BKK:ADVICE' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.23 Med: 0.29 Max: 0.54
Current: 0.29

During the past 3 years, Advice IT Infinite PCL's highest Cash to Debt Ratio was 0.54. The lowest was 0.23. And the median was 0.29.

BKK:ADVICE's Cash-to-Debt is ranked worse than
83.86% of 2472 companies
in the Hardware industry
Industry Median: 1.365 vs BKK:ADVICE: 0.29

Advice IT Infinite PCL Cash-to-Debt Historical Data

The historical data trend for Advice IT Infinite 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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Advice IT Infinite PCL Cash-to-Debt Chart

Advice IT Infinite PCL Annual Data

Trend

Dec20

Dec21

Dec22

Cash-to-Debt

0.22

0.54

0.23

Advice IT Infinite PCL Quarterly Data
	Dec21	Sep22	Dec22	Sep23
Cash-to-Debt	0.54	N/A	0.23	0.29

Competitive Comparison of Advice IT Infinite PCL's Cash-to-Debt

For the Electronics & Computer Distribution subindustry, Advice IT Infinite 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.

Advice IT Infinite PCL's Cash-to-Debt Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Advice IT Infinite PCL's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Advice IT Infinite PCL's Cash-to-Debt falls into.

Advice IT Infinite 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.

Advice IT Infinite PCL's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 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)
	=	122.522	/	(409.698	+	133.03)
	=	0.23

Advice IT Infinite PCL's Cash to Debt Ratio for the quarter 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)
	=	140.35	/	(388.67	+	99.022)
	=	0.29

Advice IT Infinite PCL (BKK:ADVICE) 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.

Advice IT Infinite PCL Cash-to-Debt Related Terms

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Advice IT Infinite PCL (BKK:ADVICE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Advice IT Infinite PCL (BKK:ADVICE) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

74/1 Moo 1, Tha It Subdistrict, Pak Kret District, Nonthaburi Province, Nonthaburi, THA

Website

https://www.advice.co.th

Advice IT Infinite PCL is a retailer and wholesaler of IT products in the Thailand. It operates a business of selling, retail-wholesale products and providing IT services. It sells a variety of IT products ranging from computer assembly (DIY), notebook computers, desktop computers and various peripherals such as monitors, printers, mice, keyboards, network equipment. The company has three segments; Retail; Wholesale and services, out of which Retail Segment derives maximum profit.

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