Semyung Electric Machinery Co (XKRX:017510) Cash-to-Debt : No Debt ⁽¹⁾ (As of Mar. 2024)

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What is Semyung Electric Machinery 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. Semyung Electric Machinery Co's cash to debt ratio for the quarter that ended in Mar. 2024 was No Debt ⁽¹⁾.

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, Semyung Electric Machinery Co could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

(1) 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.

The historical rank and industry rank for Semyung Electric Machinery Co's Cash-to-Debt or its related term are showing as below:

XKRX:017510' s Cash-to-Debt Range Over the Past 10 Years
Min: 12.37 Med: 101.48 Max: No Debt
Current: 1836.4

During the past 13 years, Semyung Electric Machinery Co's highest Cash to Debt Ratio was No Debt. The lowest was 12.37. And the median was 101.48.

XKRX:017510's Cash-to-Debt is ranked better than
94.4% of 2926 companies
in the Industrial Products industry
Industry Median: 1.23 vs XKRX:017510: 1836.40

Semyung Electric Machinery Co Cash-to-Debt Historical Data

The historical data trend for Semyung Electric Machinery 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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Semyung Electric Machinery Co Cash-to-Debt Chart

Semyung Electric Machinery Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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26.90

272.17

774.90

No Debt

1,858.38

Semyung Electric Machinery Co 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															No Debt	No Debt	No Debt	1,858.38	No Debt

Competitive Comparison of Semyung Electric Machinery Co's Cash-to-Debt

For the Electrical Equipment & Parts subindustry, Semyung Electric Machinery 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.

Semyung Electric Machinery Co's Cash-to-Debt Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Semyung Electric Machinery Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Semyung Electric Machinery Co's Cash-to-Debt falls into.

Semyung Electric Machinery 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.

Semyung Electric Machinery Co'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)
	=	18583.769	/	(10	+	0)
	=	1,858.38

Semyung Electric Machinery Co's Cash to Debt Ratio for the quarter that ended in Mar. 2024 is calculated as:

Semyung Electric Machinery Co had no debt ⁽¹⁾.

Semyung Electric Machinery Co (XKRX:017510) 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.

Semyung Electric Machinery Co Cash-to-Debt Related Terms

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

Semyung Electric Machinery Co (XKRX:017510) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Semyung Electric Machinery Co Ltd (XKRX:017510) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

263-2 Hakjang-dong, Sasang-gu, Busan Metropolitan City, KOR, 617-844

Website

http://www.semyung-elec.com

Semyung Electric Machinery Co Ltd engaged in the manufacturing of fabricated metal products. It specializes in manufacturing electric power fittings used for electricity transmission and distribution. Its products include electric transmission line fittings used in electric power systems; sectional beams applied to mono and multi-filament, nylon, polyester, and other textile industry, as well as catenary fittings and connection fittings used for subway and railway.

Semyung Electric Machinery Co (XKRX:017510) Headlines

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Semyung Electric Machinery Co (XKRX:017510) Cash-to-Debt : No Debt (1) (As of Mar. 2024)