Dioo Microcircuits Co Jiangsu (SHSE:688381) Cash-to-Debt : 187.15 (As of Sep. 2024)

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

What is Dioo Microcircuits Co Jiangsu 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. Dioo Microcircuits Co Jiangsu's cash to debt ratio for the quarter that ended in Sep. 2024 was 187.15.

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, Dioo Microcircuits Co Jiangsu 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 Dioo Microcircuits Co Jiangsu's Cash-to-Debt or its related term are showing as below:

SHSE:688381' s Cash-to-Debt Range Over the Past 10 Years
Min: 2.45 Med: 195.29 Max: No Debt
Current: 187.15

During the past 6 years, Dioo Microcircuits Co Jiangsu's highest Cash to Debt Ratio was No Debt. The lowest was 2.45. And the median was 195.29.

SHSE:688381's Cash-to-Debt is ranked better than
92.93% of 1004 companies
in the Semiconductors industry
Industry Median: 1.705 vs SHSE:688381: 187.15

Dioo Microcircuits Co Jiangsu Cash-to-Debt Historical Data

The historical data trend for Dioo Microcircuits Co Jiangsu'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.

Dioo Microcircuits Co Jiangsu Cash-to-Debt Chart

Dioo Microcircuits Co Jiangsu Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

23.07

38.41

297.22

176.01

Dioo Microcircuits Co Jiangsu Quarterly Data
	Dec18	Dec19	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													515.48	176.01	180.49	195.29	187.15

Competitive Comparison of Dioo Microcircuits Co Jiangsu's Cash-to-Debt

For the Semiconductors subindustry, Dioo Microcircuits Co Jiangsu'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.

Dioo Microcircuits Co Jiangsu's Cash-to-Debt Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Dioo Microcircuits Co Jiangsu's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Dioo Microcircuits Co Jiangsu's Cash-to-Debt falls into.

Dioo Microcircuits Co Jiangsu 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.

Dioo Microcircuits Co Jiangsu'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)
	=	2398.089	/	(5.296	+	8.329)
	=	176.01

Dioo Microcircuits Co Jiangsu'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)
	=	2092.381	/	(5.113	+	6.067)
	=	187.15

Dioo Microcircuits Co Jiangsu (SHSE:688381) 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.

Dioo Microcircuits Co Jiangsu Cash-to-Debt Related Terms

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

Dioo Microcircuits Co Jiangsu Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Dioo Microcircuits Co Ltd Jiangsu (SHSE:688381) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 60 Chongzhou Avenue, Nantong Innovation Zone, 6th Floor, Building 8, Zilang Science and Technology City, Jiangsu Province, Nantong, CHN, 226000

Website

https://www.dioo.com

Dioo Microcircuits Co Ltd Jiangsu is engaged in the research and development, design and sales of high-performance analog chips.

Dioo Microcircuits Co Jiangsu Headlines

No Headlines