Euroasia Total Logistics PCL (BKK:ETL) Cash-to-Debt : 1.35 (As of Dec. 2023)

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What is Euroasia Total Logistics 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. Euroasia Total Logistics PCL's cash to debt ratio for the quarter that ended in Dec. 2023 was 1.35.

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, Euroasia Total Logistics PCL 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 Euroasia Total Logistics PCL's Cash-to-Debt or its related term are showing as below:

BKK:ETL' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.67 Med: 0.8 Max: 1.35
Current: 1.35

During the past 3 years, Euroasia Total Logistics PCL's highest Cash to Debt Ratio was 1.35. The lowest was 0.67. And the median was 0.80.

BKK:ETL's Cash-to-Debt is ranked better than
72.03% of 969 companies
in the Transportation industry
Industry Median: 0.49 vs BKK:ETL: 1.35

Euroasia Total Logistics PCL Cash-to-Debt Historical Data

The historical data trend for Euroasia Total Logistics 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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Euroasia Total Logistics PCL Cash-to-Debt Chart

Euroasia Total Logistics PCL Annual Data

Trend

Dec21

Dec22

Dec23

Cash-to-Debt

0.67

0.80

1.35

Euroasia Total Logistics PCL Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	0.67	N/A	0.80	0.45	1.35

Competitive Comparison of Euroasia Total Logistics PCL's Cash-to-Debt

For the Integrated Freight & Logistics subindustry, Euroasia Total Logistics 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.

Euroasia Total Logistics PCL's Cash-to-Debt Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Euroasia Total Logistics PCL's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Euroasia Total Logistics PCL's Cash-to-Debt falls into.

Euroasia Total Logistics 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.

Euroasia Total Logistics 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)
	=	216.285	/	(71.204	+	89.563)
	=	1.35

Euroasia Total Logistics PCL'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)
	=	216.285	/	(71.204	+	89.563)
	=	1.35

Euroasia Total Logistics PCL (BKK:ETL) 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.

Euroasia Total Logistics PCL Cash-to-Debt Related Terms

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Euroasia Total Logistics PCL (BKK:ETL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Euroasia Total Logistics PCL (BKK:ETL) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 19, 21 Motorway Road, Klong Songtonnoon, Lat Krabang, Bangkok, THA, 10520

Website

https://www.etl.co.th

Euroasia Total Logistics PCL is engaged in Providing cross-border land transport services.

Euroasia Total Logistics PCL (BKK:ETL) Headlines

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