Guangdong Yada Electronics Co (BJSE:430556) Cash-to-Debt : 13.74 (As of Mar. 2024)

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What is Guangdong Yada Electronics 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. Guangdong Yada Electronics Co's cash to debt ratio for the quarter that ended in Mar. 2024 was 13.74.

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, Guangdong Yada Electronics 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 Guangdong Yada Electronics Co's Cash-to-Debt or its related term are showing as below:

BJSE:430556' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.21 Med: 16.11 Max: No Debt
Current: 13.74

During the past 13 years, Guangdong Yada Electronics Co's highest Cash to Debt Ratio was No Debt. The lowest was 0.21. And the median was 16.11.

BJSE:430556's Cash-to-Debt is ranked better than
79.47% of 3006 companies
in the Industrial Products industry
Industry Median: 1.23 vs BJSE:430556: 13.74

Guangdong Yada Electronics Co Cash-to-Debt Historical Data

The historical data trend for Guangdong Yada Electronics 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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Guangdong Yada Electronics Co Cash-to-Debt Chart

Guangdong Yada Electronics Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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No Debt

7.48

15.78

8.56

20.36

Guangdong Yada Electronics 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															30.09	16.44	24.68	20.36	13.74

Competitive Comparison of Guangdong Yada Electronics Co's Cash-to-Debt

For the Electrical Equipment & Parts subindustry, Guangdong Yada Electronics 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.

Guangdong Yada Electronics Co's Cash-to-Debt Distribution in the Industrial Products Industry

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

* The bar in red indicates where Guangdong Yada Electronics Co's Cash-to-Debt falls into.

Guangdong Yada Electronics 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.

Guangdong Yada Electronics 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)
	=	200.472	/	(9.381	+	0.465)
	=	20.36

Guangdong Yada Electronics Co'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)
	=	192.141	/	(10.219	+	3.767)
	=	13.74

Guangdong Yada Electronics Co (BJSE:430556) 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.

Guangdong Yada Electronics Co Cash-to-Debt Related Terms

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Guangdong Yada Electronics Co (BJSE:430556) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Guangdong Yada Electronics Co Ltd (BJSE:430556) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

Yada Industrial Park, Gaopugang, Yuancheng District, Guangdong Province, Heyuan City, CHN, 517000

Website

http://www.yada.com.cn

Guangdong Yada Electronics Co Ltd engages in research and development and production of intelligent power measurement and control products and provides customers with overall solutions for intelligent power consumption systems. The company's main hardware products include intelligent power measurement and control instruments, intelligent power monitoring devices, electrical safety protection devices, and sensors. The company's products are widely used in many industries such as data centers, communication base stations, new energy charging piles, rail transit, industrial buildings, and municipal administration or field.

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