Jiangxi Chenguang New Materials Co (SHSE:605399) Cash-to-Debt : 1.19 (As of Mar. 2025)

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What is Jiangxi Chenguang New Materials 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. Jiangxi Chenguang New Materials Co's cash to debt ratio for the quarter that ended in Mar. 2025 was 1.19.

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, Jiangxi Chenguang New Materials Co could pay off its debt using the cash in hand for the quarter that ended in Mar. 2025.

The historical rank and industry rank for Jiangxi Chenguang New Materials Co's Cash-to-Debt or its related term are showing as below:

SHSE:605399' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.24 Med: 26.23 Max: No Debt
Current: 1.19

During the past 9 years, Jiangxi Chenguang New Materials Co's highest Cash to Debt Ratio was No Debt. The lowest was 0.24. And the median was 26.23.

SHSE:605399's Cash-to-Debt is ranked better than
60.36% of 1554 companies
in the Chemicals industry
Industry Median: 0.71 vs SHSE:605399: 1.19

Jiangxi Chenguang New Materials Co Cash-to-Debt Historical Data

The historical data trend for Jiangxi Chenguang New Materials 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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Jiangxi Chenguang New Materials Co Cash-to-Debt Chart

Jiangxi Chenguang New Materials Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash-to-Debt

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147.70

373.64

307.65

8.16

1.94

Jiangxi Chenguang New Materials Co Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Cash-to-Debt	Get a 7-Day Free Trial															4.26	3.14	1.53	1.94	1.19

Competitive Comparison of Jiangxi Chenguang New Materials Co's Cash-to-Debt

For the Chemicals subindustry, Jiangxi Chenguang New Materials 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.

Jiangxi Chenguang New Materials Co's Cash-to-Debt Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Jiangxi Chenguang New Materials Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Jiangxi Chenguang New Materials Co's Cash-to-Debt falls into.

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Jiangxi Chenguang New Materials 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.

Jiangxi Chenguang New Materials Co'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)
	=	708.562	/	(13.079	+	352.869)
	=	1.94

Jiangxi Chenguang New Materials Co's Cash to Debt Ratio for the quarter that ended in Mar. 2025 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)
	=	560.363	/	(22.889	+	446.954)
	=	1.19

Jiangxi Chenguang New Materials Co (SHSE:605399) 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.

Jiangxi Chenguang New Materials Co Cash-to-Debt Related Terms

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Jiangxi Chenguang New Materials Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Jiangxi Chenguang New Materials Co Ltd (SHSE:605399) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

Jinshawan Industrial Park, Jiangxi Province, Hukou County, Jiujiang, CHN, 332500

Website

http://www.cgsilane.com

Jiangxi Chenguang New Materials Co Ltd is a silane coupling agent manufacturer in China. It manufactures and sells coupling agents, coupling agent monomer, coupling agent intermediate, and other coupling agent series products. The company's products include Hydrosilane; Vinylsilane; Chloropropylsilane; Alkylsilane; Orthosilicate; Aminosilane; Epoxysilane; Methacrylsilane; and Sulfursilane.

Executives

Liu Guo Hua

senior management

Jiangxi Chenguang New Materials Co Headlines

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