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Hillcrest Energy Technologies (STU:7HI) Cash-to-Debt : 0.93 (As of Jun. 2024)


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What is Hillcrest Energy 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. Hillcrest Energy Technologies's cash to debt ratio for the quarter that ended in Jun. 2024 was 0.93.

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, Hillcrest Energy Technologies couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2024.

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

STU:7HI' s Cash-to-Debt Range Over the Past 10 Years
Min: 0   Med: 0.28   Max: 41.91
Current: 0.93

During the past 13 years, Hillcrest Energy Technologies's highest Cash to Debt Ratio was 41.91. The lowest was 0.00. And the median was 0.28.

STU:7HI's Cash-to-Debt is ranked worse than
58.16% of 2452 companies
in the Hardware industry
Industry Median: 1.31 vs STU:7HI: 0.93

Hillcrest Energy Technologies Cash-to-Debt Historical Data

The historical data trend for Hillcrest Energy 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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Hillcrest Energy Technologies Cash-to-Debt Chart

Hillcrest Energy Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 1.92 20.55 4.12 0.29

Hillcrest Energy Technologies Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only N/A 3.63 0.29 0.57 0.93

Competitive Comparison of Hillcrest Energy Technologies's Cash-to-Debt

For the Electronic Components subindustry, Hillcrest Energy 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.


Hillcrest Energy Technologies's Cash-to-Debt Distribution in the Hardware Industry

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

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



Hillcrest Energy 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.

Hillcrest Energy Technologies's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Hillcrest Energy Technologies's Cash to Debt Ratio for the quarter that ended in Jun. 2024 is calculated as:

* 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.


Hillcrest Energy Technologies  (STU:7HI) 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.


Hillcrest Energy Technologies Cash-to-Debt Related Terms

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Hillcrest Energy Technologies Business Description

Traded in Other Exchanges
Address
1040 West Georgia Street, Suite 1170, Vancouver, BC, CAN, V6E 4H1
Hillcrest Energy Technologies Ltd is a clean technology company focused on providing power conversion technologies and digital control systems for next-generation powertrains and grid-connected renewable energy systems. From concept to commercialization, Hillcrest is investing in the development of energy solutions that will power a more sustainable and electrified future.

Hillcrest Energy Technologies Headlines

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