HySum Flexibles Global (SZSE:300501) Cash-to-Debt : 0.86 (As of Mar. 2024)

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What is HySum Flexibles Global 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. HySum Flexibles Global's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.86.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, HySum Flexibles Global couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

The historical rank and industry rank for HySum Flexibles Global's Cash-to-Debt or its related term are showing as below:

SZSE:300501' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.32 Med: 1.46 Max: No Debt
Current: 0.86

During the past 13 years, HySum Flexibles Global's highest Cash to Debt Ratio was No Debt. The lowest was 0.32. And the median was 1.46.

SZSE:300501's Cash-to-Debt is ranked better than
63.12% of 385 companies
in the Packaging & Containers industry
Industry Median: 0.4 vs SZSE:300501: 0.86

HySum Flexibles Global Cash-to-Debt Historical Data

The historical data trend for HySum Flexibles Global'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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HySum Flexibles Global Cash-to-Debt Chart

HySum Flexibles Global Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.49

0.33

1.77

1.21

1.01

HySum Flexibles Global 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															1.15	0.96	0.88	1.01	0.86

Competitive Comparison of HySum Flexibles Global's Cash-to-Debt

For the Packaging & Containers subindustry, HySum Flexibles Global'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.

HySum Flexibles Global's Cash-to-Debt Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, HySum Flexibles Global's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where HySum Flexibles Global's Cash-to-Debt falls into.

HySum Flexibles Global 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.

HySum Flexibles Global'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)
	=	766.711	/	(195.821	+	566.493)
	=	1.01

HySum Flexibles Global's Cash to Debt Ratio for the quarter that ended in Mar. 2024 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)
	=	638.021	/	(180.774	+	565.09)
	=	0.86

HySum Flexibles Global (SZSE:300501) 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.

HySum Flexibles Global Cash-to-Debt Related Terms

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

HySum Flexibles Global (SZSE:300501) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » HySum Flexibles Global Inc (SZSE:300501) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.18, Caijiabang Road, Dongjing Town, Songjiang District, Shanghai, CHN, 201103

Website

https://www.haishunpackaging.com

Shanghai Haishun New Pharmaceutical Packaging Co Ltd manufactures & sells pharmaceutical packaging materials, child protective packaging materials, high barrier coating material and special film material. It also provides packaging & decoration printing. Its products include cold stamping composite hard sheets, PTP aluminum foil, and SP Composite film.

Executives

Li Jun	Executives
Lin Wu Hui	Directors, executives
Ni Hai Long	Executives
Lin Xiu Qing	Director
Huang Qin	Directors, executives
Chen Ping	Executives
Ceng Jiang Hong	Independent director

HySum Flexibles Global (SZSE:300501) Headlines

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