Chongqing Qin'an M&E (SHSE:603758) Cash-to-Debt : 79.11 (As of Dec. 2024)

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What is Chongqing Qin'an M&E 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. Chongqing Qin'an M&E's cash to debt ratio for the quarter that ended in Dec. 2024 was 79.11.

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, Chongqing Qin'an M&E could pay off its debt using the cash in hand for the quarter that ended in Dec. 2024.

The historical rank and industry rank for Chongqing Qin'an M&E's Cash-to-Debt or its related term are showing as below:

SHSE:603758' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.17 Med: 124.84 Max: No Debt
Current: 79.11

During the past 13 years, Chongqing Qin'an M&E's highest Cash to Debt Ratio was No Debt. The lowest was 0.17. And the median was 124.84.

SHSE:603758's Cash-to-Debt is ranked better than
93.12% of 1308 companies
in the Vehicles & Parts industry
Industry Median: 0.55 vs SHSE:603758: 79.11

Chongqing Qin'an M&E Cash-to-Debt Historical Data

The historical data trend for Chongqing Qin'an M&E'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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Chongqing Qin'an M&E Cash-to-Debt Chart

Chongqing Qin'an M&E Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash-to-Debt

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157.05

416.08

No Debt

92.62

79.11

Chongqing Qin'an M&E Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Cash-to-Debt	Get a 7-Day Free Trial															92.62	No Debt	232.58	No Debt	79.11

Competitive Comparison of Chongqing Qin'an M&E's Cash-to-Debt

For the Auto Parts subindustry, Chongqing Qin'an M&E'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.

Chongqing Qin'an M&E's Cash-to-Debt Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Chongqing Qin'an M&E's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Chongqing Qin'an M&E's Cash-to-Debt falls into.

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Chongqing Qin'an M&E 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.

Chongqing Qin'an M&E's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
	=	1163.692	/	(14.71	+	0)
	=	79.11

Chongqing Qin'an M&E's Cash to Debt Ratio for the quarter that ended in Dec. 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)
	=	1163.692	/	(14.71	+	0)
	=	79.11

Chongqing Qin'an M&E (SHSE:603758) 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.

Chongqing Qin'an M&E Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Chongqing Qin'an M&E's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Chongqing Qin'an M&E Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Chongqing Qin'an M&E PLC (SHSE:603758) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

No. 701, Lanmei Road, Jiulongpo District, Chongqing, CHN, 400039

Website

http://www.qamemc.com

Chongqing Qin'an M&E PLC is a Chinese supplier of automotive powertrain engine key parts and transmission complicated parts. It is an integrated auto parts for casting and machining manufacturer company. The company's products range from cylinder head, cylinder block (Aluminum and Iron), crankshaft to transmission case and convert housing.

Executives

	Director
Luo Xiao Chuan	Director
Zhang Mao Liang	Supervisors
Yu Yang	Director
Liu Hong Qing	Director
Sun De Shan	Director
Liu Shu Jun	senior management
Huang An Lin	senior management
Zhou Bin	Director
Xu Zheng	senior management
Zhang Hua Ming	Director
Tang Ya Dong	Director
Yang Ying	Supervisors
Yan Zheng Gang	Supervisors

Chongqing Qin'an M&E Headlines

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