LOBO (Lobo EV Technologies) Cash-to-Debt : 0.44 (As of Jun. 2024)

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What is Lobo EV Technologies 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. Lobo EV Technologies's cash to debt ratio for the quarter that ended in Jun. 2024 was 0.44.

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, Lobo EV Technologies couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2024.

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

LOBO' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.09 Med: 0.44 Max: 1.44
Current: 0.44

During the past 4 years, Lobo EV Technologies's highest Cash to Debt Ratio was 1.44. The lowest was 0.09. And the median was 0.44.

LOBO's Cash-to-Debt is ranked worse than
55.87% of 1303 companies
in the Vehicles & Parts industry
Industry Median: 0.56 vs LOBO: 0.44

Lobo EV Technologies Cash-to-Debt Historical Data

The historical data trend for Lobo EV Technologies'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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Lobo EV Technologies Cash-to-Debt Chart

Lobo EV Technologies Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

1.44

0.44

0.09

0.21

Lobo EV Technologies Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Cash-to-Debt	Get a 7-Day Free Trial			0.91	0.09	0.33	0.21	0.44

Competitive Comparison of Lobo EV Technologies's Cash-to-Debt

For the Auto Manufacturers subindustry, Lobo EV Technologies'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.

Lobo EV Technologies's Cash-to-Debt Distribution in the Vehicles & Parts Industry

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

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

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Lobo EV Technologies 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.

Lobo EV Technologies'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)
	=	0.527	/	(2.034	+	0.44)
	=	0.21

Lobo EV Technologies's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	1.299	/	(2.188	+	0.771)
	=	0.44

Lobo EV Technologies (NAS:LOBO) 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.

Lobo EV Technologies Cash-to-Debt Related Terms

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Lobo EV Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Lobo EV Technologies Ltd (NAS:LOBO) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 18-17 Zhenze Road, Gemini Mansion B 901, i Park, Xinwu District, Jiangsu, Wuxi, CHN, 214111

Website

https://www.loboebike.com

Lobo EV Technologies Ltd is an electric vehicle manufacturer and seller company. It designs, develops, manufactures, and sells e-bicycles, e-mopeds, e-tricycles, and electric off-highway four-wheeled shuttles such as golf carts and mobility scooters for the elderly and disabled persons, also provides automobile information and entertainment software development and design services to customers. The company operates in two operating segments: Electric vehicles and accessories sales which generates key revenue, and software royalties and development and design services. It generates all of its revenue within the People's Republic of China.