Dongyue Group (STU:4D3) Cash-to-Debt : 80.29 (As of Jun. 2024)

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What is Dongyue Group 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. Dongyue Group's cash to debt ratio for the quarter that ended in Jun. 2024 was 80.29.

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, Dongyue Group could pay off its debt using the cash in hand for the quarter that ended in Jun. 2024.

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

STU:4D3' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.28 Med: 1.63 Max: 121.83
Current: 93.43

During the past 13 years, Dongyue Group's highest Cash to Debt Ratio was 121.83. The lowest was 0.28. And the median was 1.63.

STU:4D3's Cash-to-Debt is ranked better than
91.93% of 1548 companies
in the Chemicals industry
Industry Median: 0.7 vs STU:4D3: 93.43

Dongyue Group Cash-to-Debt Historical Data

The historical data trend for Dongyue Group'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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Dongyue Group Cash-to-Debt Chart

Dongyue Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash-to-Debt

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2.19

7.68

121.82

79.48

93.44

Dongyue Group Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Cash-to-Debt	Get a 7-Day Free Trial															121.82	114.74	79.48	80.29	93.44

Competitive Comparison of Dongyue Group's Cash-to-Debt

For the Chemicals subindustry, Dongyue Group'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.

Dongyue Group's Cash-to-Debt Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Dongyue Group's Cash-to-Debt distribution charts can be found below:

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

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Dongyue Group 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.

Dongyue Group'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)
	=	327.144	/	(0.668	+	3.448)
	=	79.48

Dongyue Group's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	297.24	/	(0.602	+	3.1)
	=	80.29

Dongyue Group (STU:4D3) 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.

Dongyue Group Cash-to-Debt Related Terms

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Dongyue Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Dongyue Group Ltd (STU:4D3) » Definitions » Cash-to-Debt

Traded in Other Exchanges

00189:Hong Kong

Address

Dongyue International Fluoro, Silicone Material Industry Park, Shandong Province, Zibo City, CHN, 256401

Website

https://www.dongyuechem.com

Dongyue Group Ltd is an investment holding company engaged in five operating segments; Polymers, Refrigerants, Organic silicon, Dichloromethane, PVC, and liquid alkali, and Other operations include manufacturing and sales of side- products of the refrigerants segment, polymers segment, Organic silicon segment, dichloromethane, PVC and liquid alkali segment, property development, and rental income. The company operates geographically in China and Asia including India, Japan, South Korea, Singapore, Thailand, Pakistan, and other countries. it derives a majority of its revenue from the People's Republic of China.

Dongyue Group Headlines

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