Rojana Industrial Park PCL (BKK:ROJNA) Cash-to-Debt : 0.47 (As of Dec. 2023)

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What is Rojana Industrial Park 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. Rojana Industrial Park PCL's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.47.

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, Rojana Industrial Park PCL couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

The historical rank and industry rank for Rojana Industrial Park PCL's Cash-to-Debt or its related term are showing as below:

BKK:ROJNA' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.14 Max: 0.47
Current: 0.47

During the past 13 years, Rojana Industrial Park PCL's highest Cash to Debt Ratio was 0.47. The lowest was 0.02. And the median was 0.14.

BKK:ROJNA's Cash-to-Debt is ranked better than
66.43% of 426 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.225 vs BKK:ROJNA: 0.47

Rojana Industrial Park PCL Cash-to-Debt Historical Data

The historical data trend for Rojana Industrial Park 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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Rojana Industrial Park PCL Cash-to-Debt Chart

Rojana Industrial Park PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.19

0.18

0.31

0.38

0.47

Rojana Industrial Park PCL 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															0.38	0.43	0.39	0.48	0.47

Competitive Comparison of Rojana Industrial Park PCL's Cash-to-Debt

For the Utilities - Independent Power Producers subindustry, Rojana Industrial Park 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.

Rojana Industrial Park PCL's Cash-to-Debt Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Rojana Industrial Park PCL's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Rojana Industrial Park PCL's Cash-to-Debt falls into.

Rojana Industrial Park 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.

Rojana Industrial Park 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)
	=	8999.045	/	(3974.35	+	15309.063)
	=	0.47

Rojana Industrial Park 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)
	=	8999.045	/	(3974.35	+	15309.063)
	=	0.47

Rojana Industrial Park PCL (BKK:ROJNA) 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.

Rojana Industrial Park PCL Cash-to-Debt Related Terms

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

Rojana Industrial Park PCL (BKK:ROJNA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Rojana Industrial Park PCL (BKK:ROJNA) » Definitions » Cash-to-Debt

Traded in Other Exchanges

RJIFF:USA

Address

New Petchaburi Road, 2034/115 Ital Thai Tower, 26th Floor, Bang Kapi, Huai Khwang, Bangkok, THA, 10310

Website

https://www.rojana.com

Rojana Industrial Park PCL is engaged in the development of industrial estate at Ayutthaya, Rayong, and Chonburi Provinces. The segments of the company comprise Real estate development & related service, Electricity generating, Production & distribution of industrial water, Rental services, and Medical services. The majority of revenue is derived from the Power plants business. Geographically it only operates in Thailand.

Rojana Industrial Park PCL (BKK:ROJNA) Headlines

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