Guodian Technology & Environment Group (HKSE:01296) Cash-to-Debt : 0.76 (As of Dec. 2021)

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What is Guodian Technology & Environment 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. Guodian Technology & Environment Group's cash to debt ratio for the quarter that ended in Dec. 2021 was 0.76.

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, Guodian Technology & Environment Group couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2021.

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

HKSE:01296's Cash-to-Debt is not ranked ^*
in the Industrial Products industry.
Industry Median: 1.22
* Ranked among companies with meaningful Cash-to-Debt only.

Guodian Technology & Environment Group Cash-to-Debt Historical Data

The historical data trend for Guodian Technology & Environment 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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Guodian Technology & Environment Group Cash-to-Debt Chart

Guodian Technology & Environment Group Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Cash-to-Debt

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0.37

0.29

0.36

0.45

0.76

Guodian Technology & Environment Group Semi-Annual Data
	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21
Cash-to-Debt	Get a 7-Day Free Trial															0.36	0.36	0.45	0.35	0.76

Competitive Comparison of Guodian Technology & Environment Group's Cash-to-Debt

For the Pollution & Treatment Controls subindustry, Guodian Technology & Environment 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.

Guodian Technology & Environment Group's Cash-to-Debt Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Guodian Technology & Environment Group's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Guodian Technology & Environment Group's Cash-to-Debt falls into.

Guodian Technology & Environment 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.

Guodian Technology & Environment Group's Cash to Debt Ratio for the fiscal year that ended in Dec. 2021 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)
	=	5902.839	/	(5219.184	+	2529.432)
	=	0.76

Guodian Technology & Environment Group's Cash to Debt Ratio for the quarter that ended in Dec. 2021 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)
	=	5902.839	/	(5219.184	+	2529.432)
	=	0.76

Guodian Technology & Environment Group (HKSE:01296) 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.

Guodian Technology & Environment Group Cash-to-Debt Related Terms

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Guodian Technology & Environment Group (HKSE:01296) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Guodian Technology & Environment Group Corp Ltd (HKSE:01296) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

W.4th Ring Middle Road, Suite 1101, 11th Floor, Building 1, Yard 16, Haidian District, Beijing, CHN, 100039

Website

http://www.khjt.com.cn

Guodian Technology & Environment Group Corp Ltd together with its subsidiaries offers flagship platform for environmental protection and energy conservation solutions businesses. It operates in the following segments: Environmental Protection; Energy Conservation Solutions; Wind Power Products and Services; and All Others. The Environmental Protection segment offers environmental protection products and services which mainly consist of sulphur oxide, nitrogen oxide control technologies, rental of desulphurization and denitrification facilities. Energy Conservation Solutions segment which derives the majority of revenue covers energy-saving products and services. Wind Power Products and Services segment manufactures and sells wind turbine parts and components.

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