China TMK Battery Systems (China TMK Battery Systems) Cash-to-Debt : 0.37 (As of Sep. 2011)

View and export this data going back to 2007. Start your Free Trial

What is China TMK Battery Systems 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 TMK Battery Systems's cash to debt ratio for the quarter that ended in Sep. 2011 was 0.37.

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, China TMK Battery Systems couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2011.

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

DFEL's Cash-to-Debt is not ranked ^*
in the Industrial Products industry.
Industry Median: 1.23
* Ranked among companies with meaningful Cash-to-Debt only.

China TMK Battery Systems Cash-to-Debt Historical Data

The historical data trend for China TMK Battery Systems'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.

* Premium members only.

China TMK Battery Systems Cash-to-Debt Chart

China TMK Battery Systems Annual Data

Trend

Sep06

Sep07

Sep08

Sep09

Dec10

Cash-to-Debt

No Debt

0.02

0.09

China TMK Battery Systems Quarterly Data
	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11
Cash-to-Debt	Get a 7-Day Free Trial															0.30	0.09	0.04	0.62	0.37

Competitive Comparison of China TMK Battery Systems's Cash-to-Debt

For the Electrical Equipment & Parts subindustry, China TMK Battery Systems'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 TMK Battery Systems's Cash-to-Debt Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, China TMK Battery Systems's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where China TMK Battery Systems's Cash-to-Debt falls into.

China TMK Battery Systems 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 TMK Battery Systems's Cash to Debt Ratio for the fiscal year that ended in Dec. 2010 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)
	=	1.869	/	(7.731	+	12.71)
	=	0.09

China TMK Battery Systems's Cash to Debt Ratio for the quarter that ended in Sep. 2011 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)
	=	10.792	/	(15.321	+	13.688)
	=	0.37

China TMK Battery Systems (OTCPK:DFEL) 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 TMK Battery Systems Cash-to-Debt Related Terms

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

China TMK Battery Systems (China TMK Battery Systems) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » China TMK Battery Systems Inc (OTCPK:DFEL) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Fuhua Road, Room 2406, East Block, Great China International Exchange Square, Futian District, Shenzhen, CHN, 7390

Website

https://www.tmk-battery.com

China TMK Battery Systems Inc is a United States is based on the research and development, manufacturing, sales and service of core products in the new energy industry. The company has newly established a number of wholly-owned subsidiaries in mainland China, which are distributed in the centralized rapid charging for new energy vehicles, lithium batteries, new materials, artificial intelligence basic software equipment, Internet and other.

China TMK Battery Systems (China TMK Battery Systems) Headlines

No Headlines