Picogram Co (XKRX:376180) Cash-to-Debt : 1.39 (As of Dec. 2023)

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What is Picogram 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. Picogram Co's cash to debt ratio for the quarter that ended in Dec. 2023 was 1.39.

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, Picogram Co could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

XKRX:376180' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.76 Med: 0.97 Max: 1.39
Current: 1.39

During the past 3 years, Picogram Co's highest Cash to Debt Ratio was 1.39. The lowest was 0.76. And the median was 0.97.

XKRX:376180's Cash-to-Debt is ranked better than
58.39% of 423 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.94 vs XKRX:376180: 1.39

Picogram Co Cash-to-Debt Historical Data

The historical data trend for Picogram 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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Picogram Co Cash-to-Debt Chart

Picogram Co Annual Data

Trend

Dec20

Dec21

Dec22

Cash-to-Debt

0.24

0.76

1.00

Picogram Co Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial							1.00	1.06	0.97	1.26	1.39

Competitive Comparison of Picogram Co's Cash-to-Debt

For the Furnishings, Fixtures & Appliances subindustry, Picogram 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.

Picogram Co's Cash-to-Debt Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Picogram Co's Cash-to-Debt distribution charts can be found below:

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

Picogram 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.

Picogram 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)
	=	17149.387	/	(17111.995	+	32.949)
	=	1.00

Picogram Co'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)
	=	32387.146	/	(12079.127	+	11217.341)
	=	1.39

Picogram Co (XKRX:376180) 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.

Picogram Co Cash-to-Debt Related Terms

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Picogram Co (XKRX:376180) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Picogram Co Ltd (XKRX:376180) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

118, Bupyeongbuk-ro, Bupyeong-gu, Incheon, KOR, 21310

Website

http://www.picogram.com

Picogram Co Ltd is engaged in providing water purification technologies. Its products include Countertop water purifier, Under-sink water purifier, Inline Filters, and Filter materials among other products.

Picogram Co (XKRX:376180) Headlines

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