Tanachira Retail PCL (BKK:TAN) Cash-to-Debt : 0.03 (As of Jun. 2023)

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What is Tanachira Retail 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. Tanachira Retail PCL's cash to debt ratio for the quarter that ended in Jun. 2023 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, Tanachira Retail PCL couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

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

BKK:TAN' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.03 Med: 0.05 Max: 0.33
Current: 0.33

During the past 4 years, Tanachira Retail PCL's highest Cash to Debt Ratio was 0.33. The lowest was 0.03. And the median was 0.05.

BKK:TAN's Cash-to-Debt is ranked worse than
57.48% of 1096 companies
in the Retail - Cyclical industry
Industry Median: 0.46 vs BKK:TAN: 0.33

Tanachira Retail PCL Cash-to-Debt Historical Data

The historical data trend for Tanachira Retail 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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Tanachira Retail PCL Cash-to-Debt Chart

Tanachira Retail PCL Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

0.05

0.03

0.33

Tanachira Retail PCL Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial			0.05	N/A	0.03	0.03	0.33

Competitive Comparison of Tanachira Retail PCL's Cash-to-Debt

For the Luxury Goods subindustry, Tanachira Retail 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.

Tanachira Retail PCL's Cash-to-Debt Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Tanachira Retail PCL's Cash-to-Debt distribution charts can be found below:

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

Tanachira Retail 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.

Tanachira Retail 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)
	=	160.937	/	(281.439	+	209.538)
	=	0.33

Tanachira Retail PCL's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	36.86	/	(900.31	+	429.81)
	=	0.03

Tanachira Retail PCL (BKK:TAN) 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.

Tanachira Retail PCL Cash-to-Debt Related Terms

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Tanachira Retail PCL (BKK:TAN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Tanachira Retail Corp PCL (BKK:TAN) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

999/9 Rama 1 Road, Room OFMH 2807 & 2812, 28th floor, The Offices at Central World, Patumwan, Bangkok, THA, 10330

Website

https://www.tanachira.co.th

Tanachira Retail Corp PCL is a Thailand based retailer importing lifestyle and fashion products. It is principally engaged in the distribution of diamond jewelry, gemstone jewelry and gems and also provides other products and services through its different brands. Based on its products and services the company has the following reportable segments, The jewelry segment, Leather goods, bags, shoes, clothes, furniture and home decorations. Import, export and distribution of clothing, bags and miscellaneous goods, and the incense segment which includes distribution and export of incense, skin care products and provision of spa services. The substantial portion of company's overall revenue is generated from its jewelry segment.