Jiangxi Selon Industrial Co (SZSE:002748) Cash-to-Debt : 0.26 (As of Mar. 2025)

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What is Jiangxi Selon Industrial 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. Jiangxi Selon Industrial Co's cash to debt ratio for the quarter that ended in Mar. 2025 was 0.26.

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, Jiangxi Selon Industrial Co couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2025.

The historical rank and industry rank for Jiangxi Selon Industrial Co's Cash-to-Debt or its related term are showing as below:

SZSE:002748' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.13 Med: 0.53 Max: No Debt
Current: 0.26

During the past 13 years, Jiangxi Selon Industrial Co's highest Cash to Debt Ratio was No Debt. The lowest was 0.13. And the median was 0.53.

SZSE:002748's Cash-to-Debt is ranked worse than
71.2% of 1552 companies
in the Chemicals industry
Industry Median: 0.71 vs SZSE:002748: 0.26

Jiangxi Selon Industrial Co Cash-to-Debt Historical Data

The historical data trend for Jiangxi Selon Industrial 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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Jiangxi Selon Industrial Co Cash-to-Debt Chart

Jiangxi Selon Industrial Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash-to-Debt

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0.19

0.54

0.46

0.52

0.39

Jiangxi Selon Industrial Co Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Cash-to-Debt	Get a 7-Day Free Trial															0.48	0.62	0.61	0.39	0.26

Competitive Comparison of Jiangxi Selon Industrial Co's Cash-to-Debt

For the Chemicals subindustry, Jiangxi Selon Industrial 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.

Jiangxi Selon Industrial Co's Cash-to-Debt Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Jiangxi Selon Industrial Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Jiangxi Selon Industrial Co's Cash-to-Debt falls into.

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Jiangxi Selon Industrial 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.

Jiangxi Selon Industrial Co's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
	=	122.284	/	(247.934	+	65.203)
	=	0.39

Jiangxi Selon Industrial Co's Cash to Debt Ratio for the quarter that ended in Mar. 2025 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)
	=	94.417	/	(271.87	+	92.06)
	=	0.26

Jiangxi Selon Industrial Co (SZSE:002748) 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.

Jiangxi Selon Industrial Co Cash-to-Debt Related Terms

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

Jiangxi Selon Industrial Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Jiangxi Selon Industrial Co Ltd (SZSE:002748) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

Jiedu Town, Jiangxi Province, Leping, CHN, 333314

Website

http://www.chinaselon.com

Jiangxi Selon Industrial Co Ltd is a comprehensive chemical enterprise that engages in producing fine chemical products and specializing in researching, developing, manufacturing and marketing AC foaming agents, thionyl chloride, chlor-alkali, Industrial sodium hydroxide, High purity sodium hydroxide and other chemical products. It's products are mainly used in polyvinyl chloride, polyethylene, natural rubber and synthetic rubber.

Executives

Li Jiao Long	Directors, executives
Liu Lin Sheng	Director
Zhang Hai Qing	Executives
Song Xin Min	Executives
Feng Han Hua	Supervisors

Jiangxi Selon Industrial Co Headlines

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