China United Network Communications (SHSE:600050) Cash-to-Debt : 1.30 (As of Mar. 2024)

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What is China United Network Communications 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. China United Network Communications's cash to debt ratio for the quarter that ended in Mar. 2024 was 1.30.

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, China United Network Communications could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

The historical rank and industry rank for China United Network Communications's Cash-to-Debt or its related term are showing as below:

SHSE:600050' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.13 Med: 0.8 Max: 3.24
Current: 1.3

During the past 13 years, China United Network Communications's highest Cash to Debt Ratio was 3.24. The lowest was 0.13. And the median was 0.80.

SHSE:600050's Cash-to-Debt is ranked better than
70.65% of 385 companies
in the Telecommunication Services industry
Industry Median: 0.37 vs SHSE:600050: 1.30

China United Network Communications Cash-to-Debt Historical Data

The historical data trend for China United Network Communications'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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China United Network Communications Cash-to-Debt Chart

China United Network Communications Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.86

1.03

1.76

1.41

1.32

China United Network Communications Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															1.38	1.41	1.54	1.32	1.30

Competitive Comparison of China United Network Communications's Cash-to-Debt

For the Telecom Services subindustry, China United Network Communications'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.

China United Network Communications's Cash-to-Debt Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, China United Network Communications's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where China United Network Communications's Cash-to-Debt falls into.

China United Network Communications 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.

China United Network Communications'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)
	=	61423.349	/	(13676.574	+	32750.058)
	=	1.32

China United Network Communications's Cash to Debt Ratio for the quarter that ended in Mar. 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)
	=	59679.889	/	(13987.346	+	31783.213)
	=	1.30

China United Network Communications (SHSE:600050) 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.

China United Network Communications Cash-to-Debt Related Terms

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China United Network Communications (SHSE:600050) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » China United Network Communications Ltd (SHSE:600050) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

No. 21, Financial Street, 4th Floor, Xicheng District, Beijing, CHN, 100033

Website

http://www.chinaunicom-a.com

China United Network Communications Ltd is a Chinese telecom operator. It operates fixed and mobile communications service, domestic and international communications facilities, satellite IPLC service, data communications service, network access service, value-added telecom services and system integration service related to information and communications services. The Company provides its products to personal & residential customers, small & medium business, VIP customer and international customer.

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