Eastern Commercial Leasing PCL (BKK:ECL) Cash-to-Debt : 0.01 (As of Mar. 2024)

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What is Eastern Commercial Leasing 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. Eastern Commercial Leasing PCL's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.01.

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, Eastern Commercial Leasing PCL couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

The historical rank and industry rank for Eastern Commercial Leasing PCL's Cash-to-Debt or its related term are showing as below:

BKK:ECL' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.01 Max: 0.14
Current: 0.01

During the past 13 years, Eastern Commercial Leasing PCL's highest Cash to Debt Ratio was 0.14. The lowest was 0.00. And the median was 0.01.

BKK:ECL's Cash-to-Debt is ranked worse than
94.44% of 504 companies
in the Credit Services industry
Industry Median: 0.23 vs BKK:ECL: 0.01

Eastern Commercial Leasing PCL Cash-to-Debt Historical Data

The historical data trend for Eastern Commercial Leasing 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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Eastern Commercial Leasing PCL Cash-to-Debt Chart

Eastern Commercial Leasing PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.01

0.02

0.01

Eastern Commercial Leasing PCL Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															0.01	0.01	0.01	0.01	0.01

Competitive Comparison of Eastern Commercial Leasing PCL's Cash-to-Debt

For the Credit Services subindustry, Eastern Commercial Leasing 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.

Eastern Commercial Leasing PCL's Cash-to-Debt Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Eastern Commercial Leasing PCL's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Eastern Commercial Leasing PCL's Cash-to-Debt falls into.

Eastern Commercial Leasing 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.

Eastern Commercial Leasing 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)
	=	31.065	/	(1569.474	+	1404.631)
	=	0.01

Eastern Commercial Leasing PCL's Cash to Debt Ratio for the quarter that ended in Mar. 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)
	=	33.706	/	(1632.601	+	1473.849)
	=	0.01

Eastern Commercial Leasing PCL (BKK:ECL) 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.

Eastern Commercial Leasing PCL Cash-to-Debt Related Terms

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

Eastern Commercial Leasing PCL (BKK:ECL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Eastern Commercial Leasing PCL (BKK:ECL) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rim Klong Samsean Road, 976/1, Soi Rama 9 Hospital, Bang Kapi Subdistrict, Huai Khwang District, Bangkok, THA, 10310

Website

https://www.ecl.co.th

Eastern Commercial Leasing PCL is engaged in the business of credit services to the personal and juristic person in the form of hire purchase, loans and sale with right of redemption agreement. The company operates in the business division of Credit Services. The hire and sale-purchase agreement generate maximum revenue for the company.