Bio Green Energy Tech PCL (BKK:BIOTEC) Cash-to-Debt : 0.22 (As of Jun. 2024)

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What is Bio Green Energy Tech 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. Bio Green Energy Tech PCL's cash to debt ratio for the quarter that ended in Jun. 2024 was 0.22.

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, Bio Green Energy Tech PCL couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2024.

The historical rank and industry rank for Bio Green Energy Tech PCL's Cash-to-Debt or its related term are showing as below:

BKK:BIOTEC' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.03 Max: 0.67
Current: 0.22

During the past 13 years, Bio Green Energy Tech PCL's highest Cash to Debt Ratio was 0.67. The lowest was 0.00. And the median was 0.03.

BKK:BIOTEC's Cash-to-Debt is ranked worse than
76.67% of 1543 companies
in the Chemicals industry
Industry Median: 0.72 vs BKK:BIOTEC: 0.22

Bio Green Energy Tech PCL Cash-to-Debt Historical Data

The historical data trend for Bio Green Energy Tech 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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Bio Green Energy Tech PCL Cash-to-Debt Chart

Bio Green Energy Tech PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.03

0.67

0.24

0.28

Bio Green Energy Tech PCL Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Cash-to-Debt	Get a 7-Day Free Trial															0.25	0.27	0.28	0.21	0.22

Competitive Comparison of Bio Green Energy Tech PCL's Cash-to-Debt

For the Specialty Chemicals subindustry, Bio Green Energy Tech 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.

Bio Green Energy Tech PCL's Cash-to-Debt Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Bio Green Energy Tech PCL's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Bio Green Energy Tech PCL's Cash-to-Debt falls into.

Bio Green Energy Tech 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.

Bio Green Energy Tech 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)
	=	347.705	/	(616.814	+	637.999)
	=	0.28

Bio Green Energy Tech PCL's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	260.796	/	(912.902	+	300.16)
	=	0.21

Bio Green Energy Tech PCL (BKK:BIOTEC) 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.

Bio Green Energy Tech PCL Cash-to-Debt Related Terms

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Bio Green Energy Tech PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Bio Green Energy Tech PCL (BKK:BIOTEC) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sukumvit Road, 153 Mano Tower, Soi Sukumvit 39, Klongtonnua, Wattana, Bangkok, THA, 10110

Website

https://www.biogreen-energytech.com

Bio Green Energy Tech PCL is a Thailand-based maritime service provider. The principal activities of the company are marine transportation, and manufacturing and distributing biodiesel and glycerine products. The Group has two reportable segments which comprise manufacturing and distributing biodiesel and glycerine products, and marine transportation.

Bio Green Energy Tech PCL Headlines

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