Yongmao Holdings (SGX:BKX) Cash-to-Debt : 0.62 (As of Sep. 2023)

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What is Yongmao Holdings 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. Yongmao Holdings's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.62.

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, Yongmao Holdings couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

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

SGX:BKX' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.29 Med: 0.53 Max: 0.86
Current: 0.62

During the past 13 years, Yongmao Holdings's highest Cash to Debt Ratio was 0.86. The lowest was 0.29. And the median was 0.53.

SGX:BKX's Cash-to-Debt is ranked better than
50.24% of 207 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 0.59 vs SGX:BKX: 0.62

Yongmao Holdings Cash-to-Debt Historical Data

The historical data trend for Yongmao Holdings'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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Yongmao Holdings Cash-to-Debt Chart

Yongmao Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

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0.77

0.60

0.43

0.64

0.73

Yongmao Holdings Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial															0.61	0.64	0.86	0.73	0.62

Competitive Comparison of Yongmao Holdings's Cash-to-Debt

For the Farm & Heavy Construction Machinery subindustry, Yongmao Holdings'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.

Yongmao Holdings's Cash-to-Debt Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Yongmao Holdings's Cash-to-Debt distribution charts can be found below:

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

Yongmao Holdings 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.

Yongmao Holdings's Cash to Debt Ratio for the fiscal year that ended in Mar. 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)
	=	48.593	/	(65.779	+	0.633)
	=	0.73

Yongmao Holdings's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	32.958	/	(52.565	+	0.879)
	=	0.62

Yongmao Holdings (SGX:BKX) 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.

Yongmao Holdings Cash-to-Debt Related Terms

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

Yongmao Holdings (SGX:BKX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Yongmao Holdings Ltd (SGX:BKX) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

81 Ubi Avenue 4, Number 09-01 UB. One, Singapore, SGP, 408830

Website

http://www.yongmaoholdings.com

Yongmao Holdings Ltd is involved in the design, development, and manufacture of a wide range of tower cranes, components, and accessories. The products are mainly sold to construction equipment distributors and equipment rental companies. Yongmao Holdings offers tower cranes with various lifting capacities that include the Topless STT series, ST series, Luffing STL series, and Derrick Q series. The business of the company is classified under geographical segments the People's Republic of China, Hong Kong, and Macau. The People's Republic of China segment generates maximum revenue for the company.

Yongmao Holdings (SGX:BKX) Headlines

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