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Skyworth Group (FRA:KYW) Cash-to-Debt : 0.64 (As of Dec. 2023)


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What is Skyworth Group 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. Skyworth Group's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.64.

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, Skyworth Group couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

FRA:KYW' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.44   Med: 0.7   Max: 1.85
Current: 0.64

During the past 13 years, Skyworth Group's highest Cash to Debt Ratio was 1.85. The lowest was 0.44. And the median was 0.70.

FRA:KYW's Cash-to-Debt is ranked worse than
67.09% of 2337 companies
in the Hardware industry
Industry Median: 1.34 vs FRA:KYW: 0.64

Skyworth Group Cash-to-Debt Historical Data

The historical data trend for Skyworth Group'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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Skyworth Group Cash-to-Debt Chart

Skyworth Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.44 0.66 0.75 0.66 0.64

Skyworth Group Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.75 0.72 0.66 0.64 0.64

Competitive Comparison of Skyworth Group's Cash-to-Debt

For the Consumer Electronics subindustry, Skyworth Group'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.


Skyworth Group's Cash-to-Debt Distribution in the Hardware Industry

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

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



Skyworth Group 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.

Skyworth Group's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Skyworth Group's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

* 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.


Skyworth Group  (FRA:KYW) 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.


Skyworth Group Cash-to-Debt Related Terms

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


Skyworth Group (FRA:KYW) Business Description

Traded in Other Exchanges
Address
20 Westlands Road, Rooms 1601-04 Westlands Centre, Quarry Bay, Hong Kong, HKG
Skyworth Group Ltd is principally engaged in the manufacture and sales of smart TV systems, home access systems, smart white appliances, intelligent manufacturing, internet value-added services, property development, property holding, photovoltaic products, modern services, and trading of other products. The company has four operating segments; Multimedia business, Smart systems technology business, New energy business, and Smart appliances business. The Group's operations are located in the PRC, Asia (other than the PRC), the Americas, Europe, Africa, and other regions and it derives a majority of its revenue from the People's Republic of China.

Skyworth Group (FRA:KYW) Headlines

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