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iMotion Automotive Technology (Suzhou) Co (HKSE:01274) Cash-to-Debt : 4.19 (As of Dec. 2023)


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What is iMotion Automotive Technology (Suzhou) 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. iMotion Automotive Technology (Suzhou) Co's cash to debt ratio for the quarter that ended in Dec. 2023 was 4.19.

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, iMotion Automotive Technology (Suzhou) 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 iMotion Automotive Technology (Suzhou) Co's Cash-to-Debt or its related term are showing as below:

HKSE:01274' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.3   Med: 5.42   Max: 10.18
Current: 4.19

During the past 4 years, iMotion Automotive Technology (Suzhou) Co's highest Cash to Debt Ratio was 10.18. The lowest was 1.30. And the median was 5.42.

HKSE:01274's Cash-to-Debt is ranked better than
80.02% of 1291 companies
in the Vehicles & Parts industry
Industry Median: 0.56 vs HKSE:01274: 4.19

iMotion Automotive Technology (Suzhou) Co Cash-to-Debt Historical Data

The historical data trend for iMotion Automotive Technology (Suzhou) 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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iMotion Automotive Technology (Suzhou) Co Cash-to-Debt Chart

iMotion Automotive Technology (Suzhou) Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Cash-to-Debt
1.30 6.65 10.18 4.19

iMotion Automotive Technology (Suzhou) Co Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23
Cash-to-Debt Get a 7-Day Free Trial 6.65 N/A 10.18 121.20 4.19

Competitive Comparison of iMotion Automotive Technology (Suzhou) Co's Cash-to-Debt

For the Auto Parts subindustry, iMotion Automotive Technology (Suzhou) 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.

iMotion Automotive Technology (Suzhou) Co's Cash-to-Debt Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, iMotion Automotive Technology (Suzhou) Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where iMotion Automotive Technology (Suzhou) Co's Cash-to-Debt falls into.


iMotion Automotive Technology (Suzhou) 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.

iMotion Automotive Technology (Suzhou) 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)
=1045.799 / (222.36 + 27.114)
=4.19

iMotion Automotive Technology (Suzhou) 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)
=1045.799 / (222.36 + 27.114)
=4.19

* 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.

iMotion Automotive Technology (Suzhou) Co  (HKSE:01274) 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.

iMotion Automotive Technology (Suzhou) Co Cash-to-Debt Related Terms

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iMotion Automotive Technology (Suzhou) Co (HKSE:01274) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » iMotion Automotive Technology (Suzhou) Co Ltd (HKSE:01274) » Definitions » Cash-to-Debt
Comparable Companies
Traded in Other Exchanges
N/A
Address
19/F and 20/F Building G2, 88 Jinji Lake Avenue, Suzhou Industrial Park, Jiangsu Province, Suzhou, CHN
Website
https://www.imotion.ai
iMotion Automotive Technology (Suzhou) Co Ltd is an autonomous driving solution provider in China with a focus on AD domain controllers. It offers a wide range of autonomous driving solutions and products and also provide OEMs with various AD domain control units. It has commercialized two AD domain controller product lines which support level 2 to level 2+ autonomous driving functions, covering a wide price range of passenger vehicles and all types of driving scenarios, including highways, ring roads, complex urban roads, country roads, and parking areas. In addition to SuperVisionTM, it also provide self-designed and self-developed iDC series which includes iDC Mid and iDC High.

iMotion Automotive Technology (Suzhou) Co (HKSE:01274) Headlines

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