Bangyan Technology Co (SHSE:688132) Cash-to-Debt : 47.01 (As of Sep. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Bangyan Technology 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. Bangyan Technology Co's cash to debt ratio for the quarter that ended in Sep. 2024 was 47.01.

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, Bangyan Technology 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 Bangyan Technology Co's Cash-to-Debt or its related term are showing as below:

SHSE:688132' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.16 Med: 3.82 Max: 47.01
Current: 47.01

During the past 7 years, Bangyan Technology Co's highest Cash to Debt Ratio was 47.01. The lowest was 0.16. And the median was 3.82.

SHSE:688132's Cash-to-Debt is ranked better than
88.82% of 2459 companies
in the Hardware industry
Industry Median: 1.29 vs SHSE:688132: 47.01

Bangyan Technology Co Cash-to-Debt Historical Data

The historical data trend for Bangyan Technology 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.

* Premium members only.

Bangyan Technology Co Cash-to-Debt Chart

Bangyan Technology Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

1.18

0.37

0.18

4.38

8.45

Bangyan Technology Co Quarterly Data
	Dec17	Dec18	Dec19	Jun20	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															7.38	8.45	7.97	14.61	47.01

Competitive Comparison of Bangyan Technology Co's Cash-to-Debt

For the Communication Equipment subindustry, Bangyan Technology 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.

Bangyan Technology Co's Cash-to-Debt Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Bangyan Technology Co's Cash-to-Debt distribution charts can be found below:

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

Bangyan Technology 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.

Bangyan Technology 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)
	=	602.775	/	(70.213	+	1.087)
	=	8.45

Bangyan Technology 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)
	=	510.761	/	(10.48	+	0.386)
	=	47.01

Bangyan Technology Co (SHSE:688132) 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.

Bangyan Technology Co Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Bangyan Technology Co's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Bangyan Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Bangyan Technology Co Ltd (SHSE:688132) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

No. 100, Zhihe Road, Yuanshan Street, Room 2101, Dakang Community, Longgang District, Guangdong, Shenzhen, CHN, 518064

Website

http://www.bangyan.com.cn

Bangyan Technology Co Ltd is engaged in the research and development, manufacturing, sales and service of information communication and information security equipment.

Executives

Wu Qiu

Core technical personnel

Bangyan Technology Co Headlines

No Headlines