Metallurgical of China (SHSE:601618) Cash-to-Debt : 0.46 (As of Mar. 2024)

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What is Metallurgical of China 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. Metallurgical of China's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.46.

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, Metallurgical of China couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

SHSE:601618' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.25 Med: 0.47 Max: 0.81
Current: 0.46

During the past 13 years, Metallurgical of China's highest Cash to Debt Ratio was 0.81. The lowest was 0.25. And the median was 0.47.

SHSE:601618's Cash-to-Debt is ranked worse than
57.98% of 1680 companies
in the Construction industry
Industry Median: 0.62 vs SHSE:601618: 0.46

Metallurgical of China Cash-to-Debt Historical Data

The historical data trend for Metallurgical of China'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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Metallurgical of China Cash-to-Debt Chart

Metallurgical of China Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.54

0.81

0.69

0.73

0.60

Metallurgical of China 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															0.65	0.69	0.57	0.60	0.46

Competitive Comparison of Metallurgical of China's Cash-to-Debt

For the Engineering & Construction subindustry, Metallurgical of China'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.

Metallurgical of China's Cash-to-Debt Distribution in the Construction Industry

For the Construction industry and Industrials sector, Metallurgical of China's Cash-to-Debt distribution charts can be found below:

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

Metallurgical of China 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.

Metallurgical of China'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)
	=	44442.22	/	(36264.88	+	37970.136)
	=	0.60

Metallurgical of China'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)
	=	50323.022	/	(65612.728	+	42822.611)
	=	0.46

Metallurgical of China (SHSE:601618) 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.

Metallurgical of China Cash-to-Debt Related Terms

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Metallurgical of China (SHSE:601618) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Metallurgical Corp of China Ltd (SHSE:601618) » Definitions » Cash-to-Debt

Traded in Other Exchanges

MLLUY:USA 01618:Hong Kong 6MT:Germany

Address

No. 28, Shuguang Xili, MCC Tower, Chaoyang DIstrict, Beijing, CHN, 100028

Website

http://www.mccchina.com

Metallurgical Corp of China Ltd is a metallurgical engineering and construction group operating primarily in China. The segments through which business is conducted are Engineering contracting business, the Property development business, Equipment Manufacturing business, the Resource development business, and Other businesses. It generates most revenues from the Engineering contracting business segment. Geographically, it derives most of its revenue from China.

Executives

Jing Tian Liang	Director
Wang Xiu Feng	senior management
Peng Hai Qing	Supervisors
Huang Dan	senior management
Shao Bo	Supervisors
Li Shi Yu	senior management
Kang Cheng Ye	senior management
Wang Yong Guang	senior management
Chen Yong Kuan	Director
Zhang Zhao Xiang	senior management
Shen He Ting	Director
Guo Wen Qing	Director
Han Zhang Lin	Supervisors
Wang Wei Min	Director

Metallurgical of China (SHSE:601618) Headlines

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