Cambricon Technologies (SHSE:688256) Cash-to-Debt : 27.95 (As of Sep. 2023)

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What is Cambricon Technologies 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. Cambricon Technologies's cash to debt ratio for the quarter that ended in Sep. 2023 was 27.95.

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, Cambricon Technologies could pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

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

SHSE:688256' s Cash-to-Debt Range Over the Past 10 Years
Min: 18.66 Med: 33.55 Max: No Debt
Current: 27.95

During the past 6 years, Cambricon Technologies's highest Cash to Debt Ratio was No Debt. The lowest was 18.66. And the median was 33.55.

SHSE:688256's Cash-to-Debt is ranked better than
81.71% of 995 companies
in the Semiconductors industry
Industry Median: 1.79 vs SHSE:688256: 27.95

Cambricon Technologies Cash-to-Debt Historical Data

The historical data trend for Cambricon Technologies'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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Cambricon Technologies Cash-to-Debt Chart

Cambricon Technologies Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

50.31

30.71

23.58

Cambricon Technologies Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial															20.88	23.58	18.66	24.77	27.95

Competitive Comparison of Cambricon Technologies's Cash-to-Debt

For the Semiconductors subindustry, Cambricon Technologies'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.

Cambricon Technologies's Cash-to-Debt Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Cambricon Technologies's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Cambricon Technologies's Cash-to-Debt falls into.

Cambricon Technologies 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.

Cambricon Technologies's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 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)
	=	2467.31	/	(62.943	+	41.694)
	=	23.58

Cambricon Technologies's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	1767.74	/	(55.054	+	8.197)
	=	27.95

Cambricon Technologies (SHSE:688256) 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.

Cambricon Technologies Cash-to-Debt Related Terms

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

Cambricon Technologies (SHSE:688256) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Cambricon Technologies Corp Ltd (SHSE:688256) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 7 Zhichun Road, 11th, 14th, 16th floors, Block D, Zhizheng Building, Haidian District, Beijing, CHN, 100191

Website

http://www.cambricon.com

Cambricon Technologies Corp Ltd is engaged in design and sales of artificial intelligence core chips in various cloud servers, edge computing equipment, and terminal equipment provide customers with rich chip products and system software solutions.

Cambricon Technologies (SHSE:688256) Headlines

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