Shandong Sinocera Functional Material Co (SZSE:300285) Cash-to-Debt : 1.12 (As of Mar. 2025)

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What is Shandong Sinocera Functional Material 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. Shandong Sinocera Functional Material Co's cash to debt ratio for the quarter that ended in Mar. 2025 was 1.12.

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, Shandong Sinocera Functional Material Co could pay off its debt using the cash in hand for the quarter that ended in Mar. 2025.

The historical rank and industry rank for Shandong Sinocera Functional Material Co's Cash-to-Debt or its related term are showing as below:

SZSE:300285' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.5 Med: 1.18 Max: 152.28
Current: 1.12

During the past 13 years, Shandong Sinocera Functional Material Co's highest Cash to Debt Ratio was 152.28. The lowest was 0.50. And the median was 1.18.

SZSE:300285's Cash-to-Debt is ranked better than
59.59% of 1554 companies
in the Chemicals industry
Industry Median: 0.705 vs SZSE:300285: 1.12

Shandong Sinocera Functional Material Co Cash-to-Debt Historical Data

The historical data trend for Shandong Sinocera Functional Material 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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Shandong Sinocera Functional Material Co Cash-to-Debt Chart

Shandong Sinocera Functional Material Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash-to-Debt

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41.17

31.62

9.66

1.14

1.02

Shandong Sinocera Functional Material 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															0.97	0.69	0.60	1.02	1.12

Competitive Comparison of Shandong Sinocera Functional Material Co's Cash-to-Debt

For the Specialty Chemicals subindustry, Shandong Sinocera Functional Material 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.

Shandong Sinocera Functional Material Co's Cash-to-Debt Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Shandong Sinocera Functional Material Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Shandong Sinocera Functional Material Co's Cash-to-Debt falls into.

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Shandong Sinocera Functional Material 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.

Shandong Sinocera Functional Material 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)
	=	652.136	/	(248.424	+	392.419)
	=	1.02

Shandong Sinocera Functional Material 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)
	=	577.296	/	(146.211	+	370.696)
	=	1.12

Shandong Sinocera Functional Material Co (SZSE:300285) 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.

Shandong Sinocera Functional Material Co Cash-to-Debt Related Terms

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

Shandong Sinocera Functional Material Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Shandong Sinocera Functional Material Co Ltd (SZSE:300285) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 24 Liaohe Road, Dongying District, Shandong Province, Dongying, CHN, 257091

Website

http://www.sinocera.cn/

Shandong Sinocera Functional Material Co Ltd is mainly engaged in the research and development, production and sales of novel materials. The main products include multilayer ceramic capacitors, electronic ceramic materials, nano-scale composite zirconia materials, high-purity ultra-fine alumina materials, ceramic ink materials for inkjet printing, electronic pastes, honeycomb ceramics, and ceramic balls. Its products are mainly applied in an electronic information and communication, biomedical, new energy vehicles, architectural ceramics and modern high-tech fields such as porcelain, automotive and industrial catalysis, solar photovoltaic, and aerospace.

Executives

Zhang Xi	Director
Zhang Bing	Directors, executives
Wang Zhong	Supervisors
Wang Xiao Hong	Supervisors
Xu Shao Mei	Directors, executives
Zhao Hong Yan	Securities Affairs Representative
Liu Mei Na	Director
Song Xi Bin	Executives
Si Liu Qi	Executives

Shandong Sinocera Functional Material Co Headlines

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