Suntront Technology Co (SZSE:300259) Cash-to-Debt : No Debt ⁽¹⁾ (As of Mar. 2024)

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What is Suntront 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. Suntront Technology Co's cash to debt ratio for the quarter that ended in Mar. 2024 was No Debt ⁽¹⁾.

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, Suntront Technology Co could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

(1) 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.

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

SZSE:300259' s Cash-to-Debt Range Over the Past 10 Years
Min: 7.9 Med: No Debt Max: No Debt
Current: No Debt

During the past 13 years, Suntront Technology Co's highest Cash to Debt Ratio was No Debt. The lowest was 7.90. And the median was No Debt.

SZSE:300259's Cash-to-Debt is ranked better than
99.83% of 2926 companies
in the Industrial Products industry
Industry Median: 1.23 vs SZSE:300259: No Debt

Suntront Technology Co Cash-to-Debt Historical Data

The historical data trend for Suntront 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.

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Suntront Technology Co Cash-to-Debt Chart

Suntront Technology Co Annual Data

Trend

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Dec19

Dec20

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Dec23

Cash-to-Debt

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No Debt

Suntront 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															No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Suntront Technology Co's Cash-to-Debt

For the Electrical Equipment & Parts subindustry, Suntront 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.

Suntront Technology Co's Cash-to-Debt Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Suntront Technology Co's Cash-to-Debt distribution charts can be found below:

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

Suntront 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.

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

Suntront Technology Co had no debt ⁽¹⁾.

Suntront Technology Co's Cash to Debt Ratio for the quarter that ended in Mar. 2024 is calculated as:

Suntront Technology Co had no debt ⁽¹⁾.

Suntront Technology Co (SZSE:300259) 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.

Suntront Technology Co Cash-to-Debt Related Terms

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Suntront Technology Co (SZSE:300259) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Suntront Technology Co Ltd (SZSE:300259) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

No. 252 Hongsong Road, High and New Tech Industrial Development Zone, Henan Province, Zhengzhou, CHN, 450001

Website

http://www.suntront.com

Suntront Technology Co Ltd is a Chinese manufacturer of smart meters. It develops smart meter technologies and solutions for use in the electricity, gas and water utility and distribution industries in China. The product portfolio of the company covers smart water meters, smart heat meters, gas meters, smart energy meters, AMR system, remote devices, and other products.

Executives

Liu Chang	Executives
Xu Wen Liang	Executives
Chang Ming Song	Directors, executives
Li Jian	Director
Liu Sheng Li	Directors, executives
Wang Jun	Director
Fei Zhan Bo	Director
Yang Dong Ling	Director, Securities Affairs Representative
Song Hong Liang	Supervisors
Li Jian Wei	Supervisors
Fei Zhan Jun	Directors, executives
Lin An Xiu	Executives
Wei Dong Lin	Director
Yuan Jin Long	Directors, executives
Zheng Yong Feng	Supervisors

Suntront Technology Co (SZSE:300259) Headlines

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Suntront Technology Co (SZSE:300259) Cash-to-Debt : No Debt (1) (As of Mar. 2024)