Saksiam Leasing PCL (BKK:SAK) Cash-to-Debt : 0.03 (As of Mar. 2024)

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What is Saksiam 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. Saksiam Leasing PCL's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.03.

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, Saksiam 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 Saksiam Leasing PCL's Cash-to-Debt or its related term are showing as below:

BKK:SAK' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.03 Med: 0.06 Max: 0.47
Current: 0.03

During the past 6 years, Saksiam Leasing PCL's highest Cash to Debt Ratio was 0.47. The lowest was 0.03. And the median was 0.06.

BKK:SAK's Cash-to-Debt is ranked worse than
83.56% of 505 companies
in the Credit Services industry
Industry Median: 0.22 vs BKK:SAK: 0.03

Saksiam Leasing PCL Cash-to-Debt Historical Data

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

Saksiam Leasing PCL Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.06

0.47

0.07

0.05

0.04

Saksiam Leasing PCL Quarterly Data
	Dec18	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															0.05	0.04	0.06	0.04	0.03

Competitive Comparison of Saksiam Leasing PCL's Cash-to-Debt

For the Credit Services subindustry, Saksiam 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.

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

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

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

Saksiam 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.

Saksiam 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)
	=	270.089	/	(4633.823	+	2417.368)
	=	0.04

Saksiam 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)
	=	209.158	/	(4992.12	+	2125.713)
	=	0.03

Saksiam Leasing PCL (BKK:SAK) 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.

Saksiam Leasing PCL Cash-to-Debt Related Terms

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

Saksiam Leasing PCL (BKK:SAK) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

49/47 Chedsadabodin Road, Tha-it, Muang, Uttaradit, THA, 53000

Website

https://www.saksiam.com

Saksiam Leasing PCL is a provider of personal loans licensed by the Bank of Thailand, focusing on vehicle title loans and other types of loans. The company operates under the SAKSIAM Loan which covers the Northern, Central, Northeast, and Western Region of Thailand. Its loan offerings include Car registration loans as insurance; Microloans for occupation (Nano Finance); Farmer's Loan; Personal loans; Car loans for money (Hire purchase loan ); and Hire purchase loans (New motorcycles).

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