Edianyun (HKSE:02416) Cash-to-Debt : 0.38 (As of Dec. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Edianyun 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. Edianyun's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.38.

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, Edianyun 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 Edianyun's Cash-to-Debt or its related term are showing as below:

HKSE:02416' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.28 Med: 0.34 Max: 0.43
Current: 0.38

During the past 4 years, Edianyun's highest Cash to Debt Ratio was 0.43. The lowest was 0.28. And the median was 0.34.

HKSE:02416's Cash-to-Debt is ranked worse than
79% of 2800 companies
in the Software industry
Industry Median: 2.55 vs HKSE:02416: 0.38

Edianyun Cash-to-Debt Historical Data

The historical data trend for Edianyun'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.

Edianyun Cash-to-Debt Chart

Edianyun Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

0.43

0.28

0.29

0.38

Edianyun Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial			0.28	N/A	0.29	0.49	0.38

Competitive Comparison of Edianyun's Cash-to-Debt

For the Information Technology Services subindustry, Edianyun'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.

Edianyun's Cash-to-Debt Distribution in the Software Industry

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

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

Edianyun 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.

Edianyun'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)
	=	806.203	/	(1194.702	+	904.32)
	=	0.38

Edianyun'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)
	=	806.203	/	(1194.702	+	904.32)
	=	0.38

Edianyun (HKSE:02416) 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.

Edianyun Cash-to-Debt Related Terms

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

Edianyun (HKSE:02416) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Edianyun Ltd (HKSE:02416) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.41 Xixiaokou Road, Yidianyun Building, Haidian District, Beijing, CHN

Website

https://www.edianyun.com

Edianyun Ltd is an investment holding company and the Group is principally engaged in providing office Internet Technology (IT) integrated solutions to small- and medium-sized enterprises in the PRC. It mainly competes in the office IT integrated solution to market, a fast-growing segment whose penetration rate in the enterprise office IT service market increased from 0.3% in 2017 to 3.3% in 2021, The company mainly generated revenue from pay-as-you-go office IT integrated solutions, sales of devices, and SaaS and other services.

Executives

Talented Ventures Iii Limited	2101 Beneficial owner
Silver Unicorn Ventures Limited	2201 Interest of corporation controlled by you
Shunwei China Internet Fund Iii, L.p.	2201 Interest of corporation controlled by you
Shunwei Capital Partners Iii Gp, L.p.	2201 Interest of corporation controlled by you
Shunwei Capital Partners Iii Gp Limited	2201 Interest of corporation controlled by you
Koh Tuck Lye	2201 Interest of corporation controlled by you
Tian Wen Kai	2201 Interest of corporation controlled by you
Bei Jing Kao La Kun Lve Hu Lian Wang Chan Ye Tou Zi Ji Jin You Xian He Huo	2201 Interest of corporation controlled by you
Bei Jing Kao La Kun Lun Tou Zi Guan Li You Xian Gong Si	2201 Interest of corporation controlled by you
Bei Jing Kun Lun Nan Shan Tou Zi Guan Li Zhong Xin You Xian He Huo	2201 Interest of corporation controlled by you
Tian Jin Tong Run Qi Ye Guan Li He Huo Qi Ye You Xian He Huo	2201 Interest of corporation controlled by you
Tian Jin Hua Qing Yu Yi Qi Ye Guan Li He Huo Qi Ye You Xian He Huo	2103 Interests held jointly with another person
Tian Jin Hua Qing Kuai Yi Qi Ye Guan Li He Huo Qi Ye You Xian He Huo	2103 Interests held jointly with another person
Tian Jin Hua Qing Hong Yi Qi Ye Guan Li He Huo Qi Ye You Xian He Huo	2103 Interests held jointly with another person
Zhang Bin	2103 Interests held jointly with another person

Edianyun (HKSE:02416) Headlines

No Headlines