Wooree Bio Co (XKRX:082850) Cash-to-Debt : 1.71 (As of Mar. 2024)

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What is Wooree Bio 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. Wooree Bio Co's cash to debt ratio for the quarter that ended in Mar. 2024 was 1.71.

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

XKRX:082850' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.17 Med: 0.36 Max: 1.71
Current: 1.71

During the past 13 years, Wooree Bio Co's highest Cash to Debt Ratio was 1.71. The lowest was 0.17. And the median was 0.36.

XKRX:082850's Cash-to-Debt is ranked better than
55.18% of 2374 companies
in the Hardware industry
Industry Median: 1.34 vs XKRX:082850: 1.71

Wooree Bio Co Cash-to-Debt Historical Data

The historical data trend for Wooree Bio 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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Wooree Bio Co Cash-to-Debt Chart

Wooree Bio Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.25

0.76

1.02

1.22

1.45

Wooree Bio 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															1.14	1.26	1.20	1.45	1.71

Competitive Comparison of Wooree Bio Co's Cash-to-Debt

For the Electronic Components subindustry, Wooree Bio 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.

Wooree Bio Co's Cash-to-Debt Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Wooree Bio Co's Cash-to-Debt distribution charts can be found below:

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

Wooree Bio 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.

Wooree Bio 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)
	=	123739.128	/	(71884.811	+	13242.921)
	=	1.45

Wooree Bio 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)
	=	146542.762	/	(66291.58	+	19221.056)
	=	1.71

Wooree Bio Co (XKRX:082850) 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.

Wooree Bio Co Cash-to-Debt Related Terms

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Wooree Bio Co (XKRX:082850) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Wooree Bio Co Ltd (XKRX:082850) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

79, Seonggok-ro, Danwon-gu, Kyunggy-do, Ansan-si, KOR

Website

http://www.wooreeeti.co.kr

Wooree Bio Co Ltd, formerly Wooree Eti Co Ltd is a South Korean based company engaged in the manufacturing of flexible printed circuit board (FPCB) and Cold Cathode Fluorescent Lamps. It primarily offers single side FPCB, double side FPCB, multi-layer FPCB and rigid FPCB products. The single side FPCB products used for back light units, printers and others; double side FPCB products for LCD and TSP modules, BLUs, and PDAs; multilayer FPCB products for mobile phones, TSP modules, and computers; and rigid FPCB products for mobile phones, routers, switches, and precise military equipment and medical devices. Geographically activities are carried out through South Korea.

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