BYD Co (HKSE:01211) Cash-to-Debt : 1.86 (As of Sep. 2024)

View and export this data going back to 2002. Start your Free Trial

What is BYD Co 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. BYD Co's cash to debt ratio for the quarter that ended in Sep. 2024 was 1.86.

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, BYD Co could pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

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

HKSE:01211' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.1 Med: 0.21 Max: 3.36
Current: 1.86

During the past 13 years, BYD Co's highest Cash to Debt Ratio was 3.36. The lowest was 0.10. And the median was 0.21.

HKSE:01211's Cash-to-Debt is ranked better than
71.72% of 1305 companies
in the Vehicles & Parts industry
Industry Median: 0.55 vs HKSE:01211: 1.86

BYD Co Cash-to-Debt Historical Data

The historical data trend for BYD Co'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.

BYD Co Cash-to-Debt Chart

BYD Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.18

0.28

1.58

3.30

2.53

BYD Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial															2.33	2.53	2.14	1.82	1.86

Competitive Comparison of BYD Co's Cash-to-Debt

For the Auto Manufacturers subindustry, BYD Co'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.

BYD Co's Cash-to-Debt Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, BYD Co's Cash-to-Debt distribution charts can be found below:

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

BYD Co 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.

BYD Co'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)
	=	129784.475	/	(28507.932	+	22775.019)
	=	2.53

BYD Co's Cash to Debt Ratio for the quarter that ended in Sep. 2024 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)
	=	101003.908	/	(33396.529	+	20990.755)
	=	1.86

BYD Co (HKSE:01211) 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.

BYD Co Cash-to-Debt Related Terms

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

BYD Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » BYD Co Ltd (HKSE:01211) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

BYDDY:USA BYDDF:USA 1211:Mexico 0HKY:UK 0VSO:UK BY6A:Germany BY6:Germany BY6:Germany BY6A:Germany BY6:Germany 002594:China BY6:Bulgaria BY6:Austria

Address

No. 3009, BYD Road, Pingshan, Guangdong Province, Shenzhen, CHN, 518118

Website

https://www.byd.com

Founded in 1995, BYD is a leading Chinese manufacturer in the design, development, and production of new energy vehicles, or NEVs. In March 2022, the firm discontinued production of internal combustion engine, or ICE, vehicles. Its products primarily target the growing midpriced mass-market segment in China's passenger vehicle market. The company sold about 3 million passenger NEVs in 2023, accounting for 33% of the Chinese passenger NEV market. Besides automobile production, the company is also engaged in handset components and assembly services, as well as the rechargeable battery and photovoltaics business. After more than 25 years of development, the company has established over 30 industrial parks worldwide.

Executives

Blackrock, Inc.	2201 Interest of corporation controlled by you
Berkshire Hathaway Energy Company (formerly Known As Midamerican Energy Holdings Company)	2201 Interest of corporation controlled by you
Berkshire Hathaway Inc.	2201 Interest of corporation controlled by you
Rong Jie Tou Zi Kong Gu Ji Tuan You Xian Gong Si	2101 Beneficial owner

BYD Co Headlines

No Headlines