Autel Intelligent Technology (SHSE:688208) Cash-to-Debt : 1.22 (As of Mar. 2024)

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What is Autel Intelligent Technology 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. Autel Intelligent Technology's cash to debt ratio for the quarter that ended in Mar. 2024 was 1.22.

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, Autel Intelligent Technology could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

The historical rank and industry rank for Autel Intelligent Technology's Cash-to-Debt or its related term are showing as below:

SHSE:688208' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.95 Med: 14.04 Max: No Debt
Current: 1.22

During the past 11 years, Autel Intelligent Technology's highest Cash to Debt Ratio was No Debt. The lowest was 0.95. And the median was 14.04.

SHSE:688208's Cash-to-Debt is ranked better than
64.06% of 1302 companies
in the Vehicles & Parts industry
Industry Median: 0.58 vs SHSE:688208: 1.22

Autel Intelligent Technology Cash-to-Debt Historical Data

The historical data trend for Autel Intelligent Technology'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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Autel Intelligent Technology Cash-to-Debt Chart

Autel Intelligent Technology Annual Data

Trend

Dec13

Dec14

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

50.00

1.98

1.11

1.24

Autel Intelligent Technology 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															1.16	1.12	1.06	1.24	1.22

Competitive Comparison of Autel Intelligent Technology's Cash-to-Debt

For the Auto Parts subindustry, Autel Intelligent Technology'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.

Autel Intelligent Technology's Cash-to-Debt Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Autel Intelligent Technology's Cash-to-Debt distribution charts can be found below:

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

Autel Intelligent Technology 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.

Autel Intelligent Technology'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)
	=	1491.131	/	(23.971	+	1178.275)
	=	1.24

Autel Intelligent Technology'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)
	=	1721.981	/	(222.359	+	1187.845)
	=	1.22

Autel Intelligent Technology (SHSE:688208) 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.

Autel Intelligent Technology Cash-to-Debt Related Terms

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Autel Intelligent Technology (SHSE:688208) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Autel Intelligent Technology Corp Ltd (SHSE:688208) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

No. 1001 Xueyuan Avenue, Xili Street, 7th, 8th and 10th floors of Building B1, Zhiyuan, Nanshan District, Guangdong, Shenzhen, CHN, 518055

Website

http://www.auteltech.cn

Autel Intelligent Technology Corp Ltd is an automotive electronic products manufacturer. It is engaged in production, sales and service of automotive intelligent diagnosis, detection and analysis systems and automotive electronic components. The company's products include diagnostic products, ADAS series products, Tire Pressure products, Anti-Theft products and other products.

Executives

Li Hong Jing	Director
Li Hong	Director
Zhou Qiu Fang	Supervisors
Zhan Jin Yong	Core technical personnel
Deng Ren Xiang	Supervisors
Luo Yong Liang	Core technical personnel
Yin Hui	Core technical personnel
Wang Yong	senior management
Zhang Wei	Supervisors

Autel Intelligent Technology (SHSE:688208) Headlines

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