Inspur Digital Enterprise Technology (FRA:L1CC) Cash-to-Debt : 63.41 (As of Dec. 2023)

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What is Inspur Digital Enterprise Technology 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. Inspur Digital Enterprise Technology's cash to debt ratio for the quarter that ended in Dec. 2023 was 63.41.

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, Inspur Digital Enterprise Technology could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

The historical rank and industry rank for Inspur Digital Enterprise Technology's Cash-to-Debt or its related term are showing as below:

FRA:L1CC' s Cash-to-Debt Range Over the Past 10 Years
Min: 49.36 Med: 68.27 Max: No Debt
Current: 63.42

During the past 13 years, Inspur Digital Enterprise Technology's highest Cash to Debt Ratio was No Debt. The lowest was 49.36. And the median was 68.27.

FRA:L1CC's Cash-to-Debt is ranked better than
83.21% of 2794 companies
in the Software industry
Industry Median: 2.535 vs FRA:L1CC: 63.42

Inspur Digital Enterprise Technology Cash-to-Debt Historical Data

The historical data trend for Inspur Digital Enterprise Technology'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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Inspur Digital Enterprise Technology Cash-to-Debt Chart

Inspur Digital Enterprise Technology Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

73.13

49.36

51.49

61.08

63.41

Inspur Digital Enterprise Technology Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															51.49	47.99	61.08	4.37	63.41

Competitive Comparison of Inspur Digital Enterprise Technology's Cash-to-Debt

For the Software - Application subindustry, Inspur Digital Enterprise Technology'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.

Inspur Digital Enterprise Technology's Cash-to-Debt Distribution in the Software Industry

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

* The bar in red indicates where Inspur Digital Enterprise Technology's Cash-to-Debt falls into.

Inspur Digital Enterprise Technology 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.

Inspur Digital Enterprise Technology'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)
	=	150.288	/	(1.632	+	0.738)
	=	63.41

Inspur Digital Enterprise Technology's Cash to Debt Ratio for the quarter 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)
	=	150.288	/	(1.632	+	0.738)
	=	63.41

Inspur Digital Enterprise Technology (FRA:L1CC) 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.

Inspur Digital Enterprise Technology Cash-to-Debt Related Terms

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

Inspur Digital Enterprise Technology (FRA:L1CC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Inspur Digital Enterprise Technology Ltd (FRA:L1CC) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

00596:Hong Kong L1CC:Germany

Address

1 Wang Kwong Road, Kowloon Bay, Billion Center, Room B&C, 30/Floor, Tower A, Kowloon, Hong Kong, HKG

Website

https://www.inspur.com.hk

Inspur Digital Enterprise Technology Ltd formerly, Inspur International Ltd is an investment holding company. The company's segments are Cloud services, Management software, and the Internet of Things. The Cloud services segment includes the provision of cloud services. The management software segment involves the provision of software development and other software services whereas the Internet of Things segment is engaged in the sales of IT peripherals and software. Geographically, the firm generates a majority of its revenue from Mainland China.

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