China Geokon Instruments Co (BJSE:830879) Cash-to-Debt : 574.93 (As of Mar. 2024)

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What is China Geokon Instruments 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. China Geokon Instruments Co's cash to debt ratio for the quarter that ended in Mar. 2024 was 574.93.

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, China Geokon Instruments 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 China Geokon Instruments Co's Cash-to-Debt or its related term are showing as below:

BJSE:830879' s Cash-to-Debt Range Over the Past 10 Years
Min: 2.39 Med: No Debt Max: No Debt
Current: 574.93

During the past 12 years, China Geokon Instruments Co's highest Cash to Debt Ratio was No Debt. The lowest was 2.39. And the median was No Debt.

BJSE:830879's Cash-to-Debt is ranked better than
95.31% of 2325 companies
in the Hardware industry
Industry Median: 1.32 vs BJSE:830879: 574.93

China Geokon Instruments Co Cash-to-Debt Historical Data

The historical data trend for China Geokon Instruments 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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China Geokon Instruments Co Cash-to-Debt Chart

China Geokon Instruments Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

663.73

China Geokon Instruments 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	377.37	330.22	663.73	574.93

Competitive Comparison of China Geokon Instruments Co's Cash-to-Debt

For the Scientific & Technical Instruments subindustry, China Geokon Instruments 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.

China Geokon Instruments Co's Cash-to-Debt Distribution in the Hardware Industry

For the Hardware industry and Technology sector, China Geokon Instruments Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where China Geokon Instruments Co's Cash-to-Debt falls into.

China Geokon Instruments 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.

China Geokon Instruments 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)
	=	191.153	/	(0.19	+	0.098)
	=	663.73

China Geokon Instruments 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)
	=	167.305	/	(0	+	0.291)
	=	574.93

China Geokon Instruments Co (BJSE:830879) 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.

China Geokon Instruments Co Cash-to-Debt Related Terms

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China Geokon Instruments Co (BJSE:830879) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » China Geokon Instruments Co Ltd (BJSE:830879) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 8 Caihefang Road,, Room 1111, Tianchuang Technology Building, Haidian District, Beijing, CHN, 100080

Website

https://www.geokon.com.cn

China Geokon Instruments Co Ltd is a tech enterprise engaged in the research and development, production and sales of intelligent monitoring terminals, as well as providing security monitoring IoT solutions and services. Its products are mainly used in engineering Safety monitoring and field environmental monitoring, hydropower stations, nuclear power stations, wind farms, oil and gas storage and transportation, water conservancy projects, subways, high-speed rails, bridges, tunnels, ports, municipal buildings, cultural relics, mines, geological disasters. It offers monitoring sensors, data acquisition equipment, and Safety Monitoring Management Software.

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