Sumavision Technologies Co (SZSE:300079) Cash-to-Debt : No Debt ⁽¹⁾ (As of Mar. 2024)

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What is Sumavision Technologies 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. Sumavision Technologies Co's cash to debt ratio for the quarter that ended in Mar. 2024 was No Debt ⁽¹⁾.

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

(1) 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.

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

SZSE:300079' s Cash-to-Debt Range Over the Past 10 Years
Min: 3.76 Med: 6533.12 Max: No Debt
Current: No Debt

During the past 13 years, Sumavision Technologies Co's highest Cash to Debt Ratio was No Debt. The lowest was 3.76. And the median was 6533.12.

SZSE:300079's Cash-to-Debt is ranked better than
99.76% of 2474 companies
in the Hardware industry
Industry Median: 1.34 vs SZSE:300079: No Debt

Sumavision Technologies Co Cash-to-Debt Historical Data

The historical data trend for Sumavision Technologies 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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Sumavision Technologies Co Cash-to-Debt Chart

Sumavision Technologies Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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3,066.25

No Debt

Sumavision Technologies 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	No Debt	No Debt

Competitive Comparison of Sumavision Technologies Co's Cash-to-Debt

For the Communication Equipment subindustry, Sumavision Technologies 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.

Sumavision Technologies Co's Cash-to-Debt Distribution in the Hardware Industry

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

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

Sumavision Technologies 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.

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

Sumavision Technologies Co had no debt ⁽¹⁾.

Sumavision Technologies Co's Cash to Debt Ratio for the quarter that ended in Mar. 2024 is calculated as:

Sumavision Technologies Co had no debt ⁽¹⁾.

Sumavision Technologies Co (SZSE:300079) 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.

Sumavision Technologies Co Cash-to-Debt Related Terms

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

Sumavision Technologies Co (SZSE:300079) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Sumavision Technologies Co Ltd (SZSE:300079) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

Sumavision Plaza, No.15 KaiTuo Road, Shangdi Information and Industry Base, Haidian District, Beijing, CHN, 100085

Website

http://www.sumavision.com

Sumavision Technologies Co Ltd is a global video and broadband solutions provider. It is engaged in the research, development, production and technical services of digital television software and hardware products. The company's products include DTV Head-end Hardware; Encoding and Transcoding; IPTV/OTT Head-end; Access Network and IPTV/OTT Terminal.

Executives

Zheng Hai Tao	Directors, executives
Shi Dong Jing	Directors, executives
Sun Peng Cheng	Directors, executives
Yao Zhi Jian	Secretary Dong
Feng Tao	Securities Affairs Representative
Wang Wan Chun	Directors, executives
Su Yu Wen	Executives
Zhang Gang	Directors, executives
Zhou Xin	Supervisors
Zhang Huai Yu	Directors, executives
Dai Yan Dong	Securities Affairs Representative
Liu Jian Bo	Independent director
Peng Qiu He	Director

Sumavision Technologies Co (SZSE:300079) Headlines

No Headlines

Sumavision Technologies Co (SZSE:300079) Cash-to-Debt : No Debt (1) (As of Mar. 2024)