Cosco Capital (PHS:COSCO) Cash-to-Debt : 1.10 (As of Mar. 2024)

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What is Cosco Capital 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. Cosco Capital's cash to debt ratio for the quarter that ended in Mar. 2024 was 1.10.

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, Cosco Capital could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

PHS:COSCO' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.45 Med: 0.9 Max: 1.48
Current: 1.1

During the past 13 years, Cosco Capital's highest Cash to Debt Ratio was 1.48. The lowest was 0.45. And the median was 0.90.

PHS:COSCO's Cash-to-Debt is ranked better than
67.87% of 305 companies
in the Retail - Defensive industry
Industry Median: 0.46 vs PHS:COSCO: 1.10

Cosco Capital Cash-to-Debt Historical Data

The historical data trend for Cosco Capital'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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Cosco Capital Cash-to-Debt Chart

Cosco Capital Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.75

1.10

1.48

1.34

Cosco Capital 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															1.07	1.04	1.02	1.34	1.10

Competitive Comparison of Cosco Capital's Cash-to-Debt

For the Grocery Stores subindustry, Cosco Capital'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.

Cosco Capital's Cash-to-Debt Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Cosco Capital's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Cosco Capital's Cash-to-Debt falls into.

Cosco Capital 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.

Cosco Capital'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)
	=	66479.428	/	(1552.914	+	48200.895)
	=	1.34

Cosco Capital'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)
	=	56333.007	/	(1679.96	+	49483.284)
	=	1.10

Cosco Capital (PHS:COSCO) 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.

Cosco Capital Cash-to-Debt Related Terms

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

Cosco Capital (PHS:COSCO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Cosco Capital Inc (PHS:COSCO) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Number 900 D. Romualdez Street, 2nd Floor, Tabacalera Building Number 2, Paco, Manila, PHL, 1007

Website

https://www.coscocapital.com

Cosco Capital Inc is a holding retail company based out of the Philippines that has operations in wine & liquor distribution, real estate, oil and minerals, and retail establishments. The majority of the company's revenue can be traced back to its grocery chain, which operates under subsidiary Puregold Price Club. The company's chain of grocery stores is complemented by membership-shopping club business and a wine and liquor distributor. Furthermore, the company is able to lease land, commercial buildings, and oil-storage facilities for customers and its own businesses. Cosco's oil and mineral subsidiaries engage in the exploration, development, and production of oil and gas reserves in the Philippines.

Cosco Capital (PHS:COSCO) Headlines

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