Yutong Bus Co (SHSE:600066) Cash-to-Debt : 479.40 (As of Sep. 2024)

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What is Yutong Bus Co 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. Yutong Bus Co's cash to debt ratio for the quarter that ended in Sep. 2024 was 479.40.

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, Yutong Bus Co could pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

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

SHSE:600066' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.48 Med: 700.28 Max: No Debt
Current: 479.4

During the past 13 years, Yutong Bus Co's highest Cash to Debt Ratio was No Debt. The lowest was 0.48. And the median was 700.28.

SHSE:600066's Cash-to-Debt is ranked better than
95.19% of 208 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 0.61 vs SHSE:600066: 479.40

Yutong Bus Co Cash-to-Debt Historical Data

The historical data trend for Yutong Bus Co'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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Yutong Bus Co Cash-to-Debt Chart

Yutong Bus Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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No Debt

83.33

422.02

675.18

370.49

Yutong Bus Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial															965.18	370.49	634.72	617.85	479.40

Competitive Comparison of Yutong Bus Co's Cash-to-Debt

For the Farm & Heavy Construction Machinery subindustry, Yutong Bus Co'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.

Yutong Bus Co's Cash-to-Debt Distribution in the Farm & Heavy Construction Machinery Industry

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

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

Yutong Bus Co 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.

Yutong Bus Co'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)
	=	6533.93	/	(4.111	+	13.525)
	=	370.49

Yutong Bus Co's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	9093.317	/	(4.164	+	14.804)
	=	479.40

Yutong Bus Co (SHSE:600066) 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.

Yutong Bus Co Cash-to-Debt Related Terms

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Yutong Bus Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Yutong Bus Co Ltd (SHSE:600066) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

66 Yuxing Road, Zhengzhou Economic and Technological Development Zone, Henan Province, Zhengzhou, CHN, 450016

Website

http://www.yutong.com

Yutong is the global market leader in buses, with close to 90% of revenue coming from sales in China. It is also China's largest bus manufacturer with around 30% of market share in medium and large buses. With the highest production capacity in its core segment, the company continues to benefit from the Chinese central government's subsidies for electric vehicles. Yutong's current product portfolio covers nearly all bus segments, including motor coach, shuttle, and school bus. While the firm started as a state-owned enterprise, a team of 23 company managers launched a management buyout in 2001 and eventually took over the firm in 2003.

Executives

Yu Li	Directors, senior managers
Feng Ding Yong	Director
Sun Xi Shun	Supervisors
Cao Zhong Yan	senior management
Yang Bo	Directors, senior managers
Cao Jian Wei	Director
Zhang Tao	Director
Wang Wen Bing	senior management
Yang Xiang Ying	Director
Han Jun	Director

Yutong Bus Co Headlines

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