Yuxing InfoTech Investment Holdings (HKSE:08005) Cash-to-Debt : 11.35 (As of Dec. 2023)

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What is Yuxing InfoTech Investment Holdings 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. Yuxing InfoTech Investment Holdings's cash to debt ratio for the quarter that ended in Dec. 2023 was 11.35.

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, Yuxing InfoTech Investment Holdings 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 Yuxing InfoTech Investment Holdings's Cash-to-Debt or its related term are showing as below:

HKSE:08005' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.85 Med: 3.96 Max: 19.92
Current: 11.35

During the past 13 years, Yuxing InfoTech Investment Holdings's highest Cash to Debt Ratio was 19.92. The lowest was 0.85. And the median was 3.96.

HKSE:08005's Cash-to-Debt is ranked better than
79.13% of 2472 companies
in the Hardware industry
Industry Median: 1.36 vs HKSE:08005: 11.35

Yuxing InfoTech Investment Holdings Cash-to-Debt Historical Data

The historical data trend for Yuxing InfoTech Investment Holdings'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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Yuxing InfoTech Investment Holdings Cash-to-Debt Chart

Yuxing InfoTech Investment Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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4.44

2.54

9.06

19.92

11.35

Yuxing InfoTech Investment Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															19.92	N/A	18.05	N/A	11.35

Competitive Comparison of Yuxing InfoTech Investment Holdings's Cash-to-Debt

For the Consumer Electronics subindustry, Yuxing InfoTech Investment Holdings'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.

Yuxing InfoTech Investment Holdings's Cash-to-Debt Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Yuxing InfoTech Investment Holdings's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Yuxing InfoTech Investment Holdings's Cash-to-Debt falls into.

Yuxing InfoTech Investment Holdings 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.

Yuxing InfoTech Investment Holdings'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)
	=	210.45	/	(17.268	+	1.267)
	=	11.35

Yuxing InfoTech Investment Holdings'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)
	=	210.45	/	(17.268	+	1.267)
	=	11.35

Yuxing InfoTech Investment Holdings (HKSE:08005) 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.

Yuxing InfoTech Investment Holdings Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Yuxing InfoTech Investment Holdings's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Yuxing InfoTech Investment Holdings (HKSE:08005) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Yuxing InfoTech Investment Holdings Ltd (HKSE:08005) » Definitions » Cash-to-Debt

Traded in Other Exchanges

YXGC:Germany

Address

No. 3609 Baishi Road, Unit 3310, Block A1, Building 9, Shenzhenwan Science and Technology Ecological Garden, District 2, Nanshan District, Shenzhen, CHN

Website

http://www.yuxing.com.cn

Yuxing InfoTech Investment Holdings Ltd is a China-based conglomerate that is mainly involved in the information home appliances business, investing, and trading. It operates in five segments. Information Home Appliances segment which derives majority revenue involves in the manufacture, sales, and distribution of information home appliances and complementary products to consumer markets. The Investing segment includes trading of securities and investing in financial instruments. The Leasing segment comprises leasing out of properties. The IDC segment consists of construction, operation, and leasing out of properties. The Other Operations segment refers to the trading of miscellaneous materials. It has a business presence mainly in Australia, the People's Republic of China, and Hong Kong.

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