SY (So-Young International) Cash-to-Debt : 4.51 (As of Sep. 2024)

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What is So-Young International 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. So-Young International's cash to debt ratio for the quarter that ended in Sep. 2024 was 4.51.

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, So-Young International 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 So-Young International's Cash-to-Debt or its related term are showing as below:

SY' s Cash-to-Debt Range Over the Past 10 Years
Min: 4.51 Med: 17.83 Max: No Debt
Current: 4.51

During the past 8 years, So-Young International's highest Cash to Debt Ratio was No Debt. The lowest was 4.51. And the median was 17.83.

SY's Cash-to-Debt is ranked better than
74.55% of 668 companies
in the Healthcare Providers & Services industry
Industry Median: 0.755 vs SY: 4.51

So-Young International Cash-to-Debt Historical Data

The historical data trend for So-Young International'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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So-Young International Cash-to-Debt Chart

So-Young International Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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17.83

20.03

16.44

22.04

9.10

So-Young International 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															36.06	9.10	8.72	6.40	4.51

Competitive Comparison of So-Young International's Cash-to-Debt

For the Health Information Services subindustry, So-Young International'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.

So-Young International's Cash-to-Debt Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, So-Young International's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where So-Young International's Cash-to-Debt falls into.

So-Young International 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.

So-Young International'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)
	=	185.841	/	(8.342	+	12.074)
	=	9.10

So-Young International'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)
	=	162.301	/	(18.366	+	17.653)
	=	4.51

So-Young International (NAS:SY) 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.

So-Young International Cash-to-Debt Related Terms

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So-Young International Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » So-Young International Inc (NAS:SY) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Tower E, Ronsin Technology Center, Chaoyang District, Beijing, CHN, 100012

Website

https://www.soyoung.com

So-Young International Inc is an online destination for discovering, evaluating, and reserving medical aesthetic services in China. Its business model comprises four integrated components: professional content and its distribution through social media networks and its targeted media platforms in China, a social community characterized by signature user-generated content, Online reservation services for a medical aesthetic treatment, and the research, development, production, sales and agency of laser and other optoelectronic medical beauty equipment. It generates revenues from information services fees and reservation services fees from medical aesthetic service providers.