WuXi XDC Cayman (FRA:L74) Cash-to-Debt : 105.99 (As of Jun. 2023)

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What is WuXi XDC Cayman 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. WuXi XDC Cayman's cash to debt ratio for the quarter that ended in Jun. 2023 was 105.99.

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, WuXi XDC Cayman could pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

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

FRA:L74' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.07 Med: 716.75 Max: No Debt
Current: 1423.98

During the past 4 years, WuXi XDC Cayman's highest Cash to Debt Ratio was No Debt. The lowest was 1.07. And the median was 716.75.

FRA:L74's Cash-to-Debt is ranked better than
95.26% of 232 companies
in the Medical Diagnostics & Research industry
Industry Median: 1.35 vs FRA:L74: 1423.98

WuXi XDC Cayman Cash-to-Debt Historical Data

The historical data trend for WuXi XDC Cayman'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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WuXi XDC Cayman Cash-to-Debt Chart

WuXi XDC Cayman Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

No Debt

1.07

9.52

1,424.17

WuXi XDC Cayman Quarterly Data
	Dec20	Dec21	Mar22	Jun22	Dec22	Mar23	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial			N/A	9.52	17.00	105.99	1,424.17

Competitive Comparison of WuXi XDC Cayman's Cash-to-Debt

For the Diagnostics & Research subindustry, WuXi XDC Cayman'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.

WuXi XDC Cayman's Cash-to-Debt Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, WuXi XDC Cayman's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where WuXi XDC Cayman's Cash-to-Debt falls into.

WuXi XDC Cayman 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.

WuXi XDC Cayman'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)
	=	519.822	/	(0.16	+	0.205)
	=	1,424.17

WuXi XDC Cayman's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	72.388	/	(0.364	+	0.319)
	=	105.99

WuXi XDC Cayman (FRA:L74) 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.

WuXi XDC Cayman Cash-to-Debt Related Terms

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WuXi XDC Cayman (FRA:L74) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » WuXi XDC Cayman Inc (FRA:L74) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

02268:Hong Kong

Address

No. 11 Xinhui Ring Road, Xinwu, Jiangsu, Wuxi, CHN

Website

WuXi XDC Cayman Inc is a leading CRDMO focused on the global ADC and broader bioconjugate market and the only one dedicated to providing integrated and end-to-end services. Leveraging expertise in both biologics and small molecules, It offers interdisciplinary and comprehensive services, covering bioconjugate discovery, research, development and manufacturing. The company provides these services from proximately located, state-of-the-art laboratories and manufacturing facilities, leading to the significant reduction of development timeline and costs. As a fully integrated one-stop bioconjugate discovery, development and manufacturing platform, its mission is to continuously enhance its platform, and propel and transform the development of the bioconjugate industry.

WuXi XDC Cayman (FRA:L74) Headlines

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