Acrel Co (SZSE:300286) Cash-to-Debt : No Debt ⁽¹⁾ (As of Sep. 2024)

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What is Acrel 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. Acrel Co's cash to debt ratio for the quarter that ended in Sep. 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, Acrel Co could pay off its debt using the cash in hand for the quarter that ended in Sep. 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 Acrel Co's Cash-to-Debt or its related term are showing as below:

SZSE:300286' s Cash-to-Debt Range Over the Past 10 Years
Min: 10.32 Med: No Debt Max: No Debt
Current: No Debt

During the past 13 years, Acrel Co's highest Cash to Debt Ratio was No Debt. The lowest was 10.32. And the median was No Debt.

SZSE:300286's Cash-to-Debt is ranked better than
99.83% of 2994 companies
in the Industrial Products industry
Industry Median: 1.18 vs SZSE:300286: No Debt

Acrel Co Cash-to-Debt Historical Data

The historical data trend for Acrel 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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Acrel Co Cash-to-Debt Chart

Acrel Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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No Debt

Acrel Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Acrel Co's Cash-to-Debt

For the Electrical Equipment & Parts subindustry, Acrel 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.

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

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

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

Acrel 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.

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

Acrel Co had no debt ⁽¹⁾.

Acrel Co's Cash to Debt Ratio for the quarter that ended in Sep. 2024 is calculated as:

Acrel Co had no debt ⁽¹⁾.

Acrel Co (SZSE:300286) 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.

Acrel Co Cash-to-Debt Related Terms

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Acrel Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Acrel Co Ltd (SZSE:300286) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

No. 253 Yulv Road, Jiading District, Shanghai, CHN, 201801

Website

http://www.acrel.cn

Acrel Co Ltd is engaged as an integrator for providing users with power data services. The products of the company include power monitoring systems and products, power management systems and products, electrical safety systems and production, and power sensor.

Executives

Zhu Fang	Directors, executives
Luo Ye Lan	Directors, Directors, and Executives
Fang Yan	Executives
Zong Shou Song	Directors, executives
Shi Wei	Securities Affairs Representative
Zhou Zhong	Directors, executives
Jiang Long	Executives
Tang Jian Jun	Supervisors
Wu Jian Ming	Supervisors
Liu Shou Bao	Supervisors

Acrel Co Headlines

No Headlines

Acrel Co (SZSE:300286) Cash-to-Debt : No Debt (1) (As of Sep. 2024)