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Yuanta 15 Special Purpose Acquisition Co (XKRX:473050) Cash-to-Debt : 1.44 (As of Mar. 2024)


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What is Yuanta 15 Special Purpose Acquisition 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. Yuanta 15 Special Purpose Acquisition Co's cash to debt ratio for the quarter that ended in Mar. 2024 was 1.44.

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, Yuanta 15 Special Purpose Acquisition 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 Yuanta 15 Special Purpose Acquisition Co's Cash-to-Debt or its related term are showing as below:

XKRX:473050's Cash-to-Debt is not ranked *
in the Diversified Financial Services industry.
Industry Median: 5.45
* Ranked among companies with meaningful Cash-to-Debt only.

Yuanta 15 Special Purpose Acquisition Co Cash-to-Debt Historical Data

The historical data trend for Yuanta 15 Special Purpose Acquisition 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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Yuanta 15 Special Purpose Acquisition Co Cash-to-Debt Chart

Yuanta 15 Special Purpose Acquisition Co Annual Data
Trend
Cash-to-Debt

Yuanta 15 Special Purpose Acquisition Co Quarterly Data
Mar24
Cash-to-Debt 1.44

Competitive Comparison of Yuanta 15 Special Purpose Acquisition Co's Cash-to-Debt

For the Shell Companies subindustry, Yuanta 15 Special Purpose Acquisition 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.


Yuanta 15 Special Purpose Acquisition Co's Cash-to-Debt Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Yuanta 15 Special Purpose Acquisition Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Yuanta 15 Special Purpose Acquisition Co's Cash-to-Debt falls into.



Yuanta 15 Special Purpose Acquisition 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.

Yuanta 15 Special Purpose Acquisition Co's Cash to Debt Ratio for the fiscal year that ended in . 20 is calculated as:

Do not have enough data to calculate Cash to Debt ratio.

Yuanta 15 Special Purpose Acquisition Co's Cash to Debt Ratio for the quarter that ended in Mar. 2024 is calculated as:

* 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.


Yuanta 15 Special Purpose Acquisition Co  (XKRX:473050) 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.


Yuanta 15 Special Purpose Acquisition Co Cash-to-Debt Related Terms

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Yuanta 15 Special Purpose Acquisition Co (XKRX:473050) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
76 Eulji-ro, Jung-gu, Euljiro 2-ga, Yuanta Securities Building, Seoul, KOR
Website
Yuanta 15 Special Purpose Acquisition Co is a special purpose acquisition company.

Yuanta 15 Special Purpose Acquisition Co (XKRX:473050) Headlines

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