CFTLF (Chinasoft International) Cash-to-Debt : 0.68 (As of Jun. 2024)

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What is Chinasoft International 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. Chinasoft International's cash to debt ratio for the quarter that ended in Jun. 2024 was 0.68.

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, Chinasoft International couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2024.

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

CFTLF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.35 Med: 0.94 Max: 2.33
Current: 0.8

During the past 13 years, Chinasoft International's highest Cash to Debt Ratio was 2.33. The lowest was 0.35. And the median was 0.94.

CFTLF's Cash-to-Debt is ranked worse than
69.2% of 2802 companies
in the Software industry
Industry Median: 2.665 vs CFTLF: 0.80

Chinasoft International Cash-to-Debt Historical Data

The historical data trend for Chinasoft International'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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Chinasoft International Cash-to-Debt Chart

Chinasoft International Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash-to-Debt

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1.81

2.33

1.40

0.80

Chinasoft International Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Cash-to-Debt	Get a 7-Day Free Trial															2.33	1.06	1.40	0.68	0.80

Competitive Comparison of Chinasoft International's Cash-to-Debt

For the Information Technology Services subindustry, Chinasoft International'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.

Chinasoft International's Cash-to-Debt Distribution in the Software Industry

For the Software industry and Technology sector, Chinasoft International's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Chinasoft International's Cash-to-Debt falls into.

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Chinasoft International 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.

Chinasoft International'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)
	=	622.497	/	(118.965	+	325.35)
	=	1.40

Chinasoft International's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	357.778	/	(290.862	+	233.398)
	=	0.68

Chinasoft International (OTCPK:CFTLF) 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.

Chinasoft International Cash-to-Debt Related Terms

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Chinasoft International Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Chinasoft International Ltd (OTCPK:CFTLF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

00354:Hong Kong

Address

No. 2 Kexuiyuan South Road, North Wing, 12th Floor, Raycom Infotech Park, Tower C, Haidian District, Zhongguancun, Beijing, CHN, 100190

Website

https://www.chinasofti.com

Chinasoft International Ltd is a technology software and information technology service enterprise. It provides end-to-end IT software, solutions, and services to global clients and has extensive experience in consulting, design, implementation and services in digital applications of new technologies such as cloud computing, artificial intelligence, big data, the Internet of Things, and 5G, fully supporting clients' digital transformation. It has two segments: The Technical professional services group segment provides services that include business and IT consulting, application development, system integration, product engineering, and enterprise management. The Internet IT services group segment provides cloud-based consulting services.