GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Shanghai Aladdin Biochemical Technology Co Ltd (SHSE:688179) » Definitions » Cash-to-Debt

Shanghai Aladdin Biochemical Technology Co (SHSE:688179) Cash-to-Debt : 1.58 (As of Mar. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Shanghai Aladdin Biochemical Technology 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. Shanghai Aladdin Biochemical Technology Co's cash to debt ratio for the quarter that ended in Mar. 2024 was 1.58.

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, Shanghai Aladdin Biochemical Technology 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 Shanghai Aladdin Biochemical Technology Co's Cash-to-Debt or its related term are showing as below:

SHSE:688179' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.03   Med: 5.75   Max: 430.34
Current: 1.58

During the past 10 years, Shanghai Aladdin Biochemical Technology Co's highest Cash to Debt Ratio was 430.34. The lowest was 1.03. And the median was 5.75.

SHSE:688179's Cash-to-Debt is ranked better than
63.83% of 1551 companies
in the Chemicals industry
Industry Median: 0.73 vs SHSE:688179: 1.58

Shanghai Aladdin Biochemical Technology Co Cash-to-Debt Historical Data

The historical data trend for Shanghai Aladdin Biochemical Technology 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.

* Premium members only.

Shanghai Aladdin Biochemical Technology Co Cash-to-Debt Chart

Shanghai Aladdin Biochemical Technology Co Annual Data
Trend Dec12 Dec13 Dec14 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.90 430.34 30.98 1.82 1.62

Shanghai Aladdin Biochemical Technology 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.68 1.65 1.54 1.62 1.58

Competitive Comparison of Shanghai Aladdin Biochemical Technology Co's Cash-to-Debt

For the Chemicals subindustry, Shanghai Aladdin Biochemical Technology 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.


Shanghai Aladdin Biochemical Technology Co's Cash-to-Debt Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Shanghai Aladdin Biochemical Technology Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Shanghai Aladdin Biochemical Technology Co's Cash-to-Debt falls into.



Shanghai Aladdin Biochemical Technology 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.

Shanghai Aladdin Biochemical Technology Co's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Shanghai Aladdin Biochemical Technology 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.


Shanghai Aladdin Biochemical Technology Co  (SHSE:688179) 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.


Shanghai Aladdin Biochemical Technology Co Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Shanghai Aladdin Biochemical Technology Co's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.


Shanghai Aladdin Biochemical Technology Co (SHSE:688179) Business Description

Traded in Other Exchanges
N/A
Address
7th Floor, No. 196, Xinjinqiao Road, Pudong New Area, Shanghai, CHN, 201417
Shanghai Aladdin Biochemical Technology Co Ltd is engaged in research and development, production and sales of scientific reagents in the fields of chemistry, life sciences and materials science. Its products are widely used in the field of basic sciences.

Shanghai Aladdin Biochemical Technology Co (SHSE:688179) Headlines

No Headlines