Kingsignal Technology Co (SZSE:300252) Cash-to-Debt : 0.53 (As of Mar. 2024)

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What is Kingsignal Technology 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. Kingsignal Technology Co's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.53.

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, Kingsignal Technology Co couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

SZSE:300252' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.22 Med: 0.53 Max: 1.57
Current: 0.53

During the past 13 years, Kingsignal Technology Co's highest Cash to Debt Ratio was 1.57. The lowest was 0.22. And the median was 0.53.

SZSE:300252's Cash-to-Debt is ranked worse than
71.28% of 2479 companies
in the Hardware industry
Industry Median: 1.32 vs SZSE:300252: 0.53

Kingsignal Technology Co Cash-to-Debt Historical Data

The historical data trend for Kingsignal Technology 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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Kingsignal Technology Co Cash-to-Debt Chart

Kingsignal Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.49

0.50

0.29

0.48

0.58

Kingsignal Technology 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															0.74	0.63	0.59	0.58	0.53

Competitive Comparison of Kingsignal Technology Co's Cash-to-Debt

For the Communication Equipment subindustry, Kingsignal Technology 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.

Kingsignal Technology Co's Cash-to-Debt Distribution in the Hardware Industry

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

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

Kingsignal Technology 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.

Kingsignal Technology 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)
	=	965.886	/	(1550.819	+	104.383)
	=	0.58

Kingsignal Technology 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)
	=	796.381	/	(1402.753	+	104.751)
	=	0.53

Kingsignal Technology Co (SZSE:300252) 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.

Kingsignal Technology Co Cash-to-Debt Related Terms

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Kingsignal Technology Co (SZSE:300252) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Kingsignal Technology Co Ltd (SZSE:300252) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

Room 302, 9th Building, Shenzhen Software Park, Shenzhen High-tech Zone, Central District, Guangdong, Shenzhen, CHN, 518057

Website

http://www.kingsignal.com

Kingsignal Technology Co Ltd is a Chinese company mainly engaged in research, development, production, and sale of signal interconnection products such as mid-range and high-end RF coaxial cables, connectors and accessories, optical fiber, PCB, LAN cable, large logarithmic power cord and data video components. The company has a business presence in China and other international countries. The market scope of the company covers telecom and internet, aerospace, new energy, transportation and medical. Its products include RF transmission, electrical transmission, optical transmission, differential transmission, PCB panel, chip modules, and others.

Executives

Zheng Jun	Director
Huang Chang Hua	Director
Wu Hua	Supervisors
Wu Jing Ping	Secretary, Director
Wu Jin	Executives
Xiao Dong Hua	Directors, executives

Kingsignal Technology Co (SZSE:300252) Headlines

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