Zhengyuan Geomatics Group Co (SHSE:688509) Cash-to-Debt : 0.28 (As of Sep. 2024)

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What is Zhengyuan Geomatics Group 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. Zhengyuan Geomatics Group Co's cash to debt ratio for the quarter that ended in Sep. 2024 was 0.28.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Zhengyuan Geomatics Group Co couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

The historical rank and industry rank for Zhengyuan Geomatics Group Co's Cash-to-Debt or its related term are showing as below:

SHSE:688509' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.21 Med: 0.57 Max: 1.48
Current: 0.28

During the past 7 years, Zhengyuan Geomatics Group Co's highest Cash to Debt Ratio was 1.48. The lowest was 0.21. And the median was 0.57.

SHSE:688509's Cash-to-Debt is ranked worse than
67.23% of 1721 companies
in the Construction industry
Industry Median: 0.62 vs SHSE:688509: 0.28

Zhengyuan Geomatics Group Co Cash-to-Debt Historical Data

The historical data trend for Zhengyuan Geomatics Group 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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Zhengyuan Geomatics Group Co Cash-to-Debt Chart

Zhengyuan Geomatics Group Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.60

0.53

0.87

0.68

0.67

Zhengyuan Geomatics Group Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	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															0.41	0.67	0.53	0.35	0.28

Competitive Comparison of Zhengyuan Geomatics Group Co's Cash-to-Debt

For the Engineering & Construction subindustry, Zhengyuan Geomatics Group 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.

Zhengyuan Geomatics Group Co's Cash-to-Debt Distribution in the Construction Industry

For the Construction industry and Industrials sector, Zhengyuan Geomatics Group Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Zhengyuan Geomatics Group Co's Cash-to-Debt falls into.

Zhengyuan Geomatics Group 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.

Zhengyuan Geomatics Group 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)
	=	460.133	/	(498.631	+	190.159)
	=	0.67

Zhengyuan Geomatics Group 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)
	=	202.376	/	(515.104	+	196.552)
	=	0.28

Zhengyuan Geomatics Group Co (SHSE:688509) 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.

Zhengyuan Geomatics Group Co Cash-to-Debt Related Terms

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Zhengyuan Geomatics Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Zhengyuan Geomatics Group Co Ltd (SHSE:688509) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

No. 2, Airport East Road, Guomen Business District, Shunyi District, Beijing, CHN, 101300

Website

http://www.geniuses.com.cn

Zhengyuan Geomatics Group Co Ltd is a geographic information company in China. The company is engaged in development and utilization of spatial geographic information and the investment, construction, operation and service of digital cities and smart cities. It has cultivated and formed surveying and mapping geographic information technology services and underground pipeline network security operation and maintenance guarantees.

Zhengyuan Geomatics Group Co Headlines

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