Exco Technologies (TSX:XTC) Cash-to-Debt : 0.13 (As of Dec. 2023)

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What is Exco Technologies 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. Exco Technologies's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.13.

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, Exco Technologies 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 Exco Technologies's Cash-to-Debt or its related term are showing as below:

TSX:XTC' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.11 Med: 0.98 Max: 5.73
Current: 0.13

During the past 13 years, Exco Technologies's highest Cash to Debt Ratio was 5.73. The lowest was 0.11. And the median was 0.98.

TSX:XTC's Cash-to-Debt is ranked worse than
80.83% of 1294 companies
in the Vehicles & Parts industry
Industry Median: 0.565 vs TSX:XTC: 0.13

Exco Technologies Cash-to-Debt Historical Data

The historical data trend for Exco Technologies'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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Exco Technologies Cash-to-Debt Chart

Exco Technologies Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Cash-to-Debt

Get a 7-Day Free Trial

1.49

5.09

4.04

0.15

0.14

Exco Technologies 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															0.15	0.11	0.17	0.14	0.13

Competitive Comparison of Exco Technologies's Cash-to-Debt

For the Auto Parts subindustry, Exco Technologies'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.

Exco Technologies's Cash-to-Debt Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Exco Technologies's Cash-to-Debt distribution charts can be found below:

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

Exco Technologies 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.

Exco Technologies's Cash to Debt Ratio for the fiscal year that ended in Sep. 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)
	=	15.796	/	(4.964	+	111.396)
	=	0.14

Exco Technologies'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)
	=	15.998	/	(10.744	+	111.558)
	=	0.13

Exco Technologies (TSX:XTC) 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.

Exco Technologies Cash-to-Debt Related Terms

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

Exco Technologies (TSX:XTC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Exco Technologies Ltd (TSX:XTC) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

EXCOF:USA 3XT:Germany

Address

130 Spy Court, 2nd Floor, Markham, ON, CAN, L3R 5H6

Website

https://www.excocorp.com

Exco Technologies Ltd is a designer, developer, and manufacturer of dies, moulds, components and assemblies, and consumable equipment for the die-cast, extrusion, and automotive industries. The company reports in two business segments namely, the Casting and Extrusion segment and Automotive Solutions segment. It generates maximum revenue from the Automotive Solutions segment. The Automotive Solutions segment produces automotive interior components and assemblies for seating, cargo storage, and restraint for sale to automotive manufacturers and Tier 1 suppliers. Geographically, it derives a majority of its revenue from the United States and also has its presence in Canada, Europe, Asia and other regions.

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