China Power Equipment (China Power Equipment) Cash-to-Debt : 168.91 (As of Sep. 2013)

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What is China Power Equipment 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 Power Equipment's cash to debt ratio for the quarter that ended in Sep. 2013 was 168.91.

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 Power Equipment could pay off its debt using the cash in hand for the quarter that ended in Sep. 2013.

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

CPQQ's Cash-to-Debt is not ranked ^*
in the Hardware industry.
Industry Median: 1.32
* Ranked among companies with meaningful Cash-to-Debt only.

China Power Equipment Cash-to-Debt Historical Data

The historical data trend for China Power Equipment'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 Power Equipment Cash-to-Debt Chart

China Power Equipment Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Cash-to-Debt

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6.05

50.47

99.62

124.81

119.48

China Power Equipment Quarterly Data
	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13
Cash-to-Debt	Get a 7-Day Free Trial															118.50	119.48	131.86	156.34	168.91

Competitive Comparison of China Power Equipment's Cash-to-Debt

For the Electronic Components subindustry, China Power Equipment'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 Power Equipment's Cash-to-Debt Distribution in the Hardware Industry

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

* The bar in red indicates where China Power Equipment's Cash-to-Debt falls into.

China Power Equipment 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 Power Equipment's Cash to Debt Ratio for the fiscal year that ended in Dec. 2012 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)
	=	21.984	/	(0.067	+	0.117)
	=	119.48

China Power Equipment's Cash to Debt Ratio for the quarter that ended in Sep. 2013 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)
	=	31.755	/	(0.068	+	0.12)
	=	168.91

China Power Equipment (OTCPK:CPQQ) 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 Power Equipment Cash-to-Debt Related Terms

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China Power Equipment (China Power Equipment) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » China Power Equipment Inc (OTCPK:CPQQ) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Yongle Industry Zone, Jingyang Industry Concentration Area, Xi’an, Shaanxi, CHN, 713702

Website

http://www.chinapower-equipment.com

China Power Equipment Inc designs, manufactures, and distributes amorphous alloy transformer cores and amorphous alloy distribution transformers in the Peoples Republic of China. Its devices are used to step down voltage at the final phase of the distribution of electricity to consumers, businesses, and industries. The Company offers its products to electricity generators and suppliers, suppliers of electrical equipment, and other electric power transformers manufacturers.

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