NanFeng Ventilator Co (SZSE:300004) Cash-to-Debt : 578.74 (As of Mar. 2024)

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What is NanFeng Ventilator 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. NanFeng Ventilator Co's cash to debt ratio for the quarter that ended in Mar. 2024 was 578.74.

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, NanFeng Ventilator Co could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

SZSE:300004' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.32 Med: 0.86 Max: No Debt
Current: 578.74

During the past 13 years, NanFeng Ventilator Co's highest Cash to Debt Ratio was No Debt. The lowest was 0.32. And the median was 0.86.

SZSE:300004's Cash-to-Debt is ranked better than
93.58% of 2976 companies
in the Industrial Products industry
Industry Median: 1.22 vs SZSE:300004: 578.74

NanFeng Ventilator Co Cash-to-Debt Historical Data

The historical data trend for NanFeng Ventilator 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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NanFeng Ventilator Co Cash-to-Debt Chart

NanFeng Ventilator Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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1.77

1.21

3.19

No Debt

835.41

NanFeng Ventilator Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	835.41	578.74

Competitive Comparison of NanFeng Ventilator Co's Cash-to-Debt

For the Specialty Industrial Machinery subindustry, NanFeng Ventilator 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.

NanFeng Ventilator Co's Cash-to-Debt Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, NanFeng Ventilator Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where NanFeng Ventilator Co's Cash-to-Debt falls into.

NanFeng Ventilator 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.

NanFeng Ventilator 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)
	=	733.492	/	(0.516	+	0.362)
	=	835.41

NanFeng Ventilator Co's Cash to Debt Ratio for the quarter that ended in Mar. 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)
	=	438.682	/	(0.451	+	0.307)
	=	578.74

NanFeng Ventilator Co (SZSE:300004) 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.

NanFeng Ventilator Co Cash-to-Debt Related Terms

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NanFeng Ventilator Co (SZSE:300004) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » NanFeng Ventilator Co Ltd (SZSE:300004) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 31, Sanhuan West Road, Xiaotang, Nanhai District, Guangdong Province,, Foshan, CHN, 528222

Website

http://www.ntfan.com

NanFeng Ventilator Co Ltd is engaged in the development, manufacturing, and distribution of fan products and air treatment systems in China.

Executives

Xiao Bing	Independent director
Yang Zi Jiang	Directors, executives
Liu Ji Zhao	Supervisors
Yang Zi Shan	Directors, executives
Zhou Yan Min	Director
Li Ping	Director
Deng Jian Wei	Director

NanFeng Ventilator Co (SZSE:300004) Headlines

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