Eclat Textile Co (TPE:1476) Cash-to-Debt : 3.12 (As of Mar. 2024)

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What is Eclat Textile Co 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. Eclat Textile Co's cash to debt ratio for the quarter that ended in Mar. 2024 was 3.12.

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, Eclat Textile Co 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 Eclat Textile Co's Cash-to-Debt or its related term are showing as below:

TPE:1476' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.27 Med: 1.72 Max: 4.04
Current: 3.12

During the past 13 years, Eclat Textile Co's highest Cash to Debt Ratio was 4.04. The lowest was 0.27. And the median was 1.72.

TPE:1476's Cash-to-Debt is ranked better than
78.09% of 1036 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.475 vs TPE:1476: 3.12

Eclat Textile Co Cash-to-Debt Historical Data

The historical data trend for Eclat Textile Co'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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Eclat Textile Co Cash-to-Debt Chart

Eclat Textile Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

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1.54

2.31

1.78

0.63

2.22

Eclat Textile Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															2.22	2.80	4.04	2.56	3.12

Competitive Comparison of Eclat Textile Co's Cash-to-Debt

For the Apparel Manufacturing subindustry, Eclat Textile Co'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.

Eclat Textile Co's Cash-to-Debt Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Eclat Textile Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Eclat Textile Co's Cash-to-Debt falls into.

Eclat Textile Co 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.

Eclat Textile Co's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 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)
	=	6022.271	/	(2085.346	+	630.298)
	=	2.22

Eclat Textile Co'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)
	=	4329.811	/	(1335.208	+	54.168)
	=	3.12

Eclat Textile Co (TPE:1476) 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.

Eclat Textile Co Cash-to-Debt Related Terms

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Eclat Textile Co (TPE:1476) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Eclat Textile Co Ltd (TPE:1476) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 80, Section 2, Chang'an E. Road, 10th Floor, 3, Taipei, TWN

Website

https://www.eclat.com.tw

Eclat Textile Co Ltd is a Taiwan-based textile company that operates in two segments: the knitted division, which produces and sells flexible textiles, and the clothing division, which produces, process, and sells clothing. Its geographical segments include the Americas, Asia, Europe, the Middle East, ANZ, Africa, and Other countries.

Eclat Textile Co (TPE:1476) Headlines

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