Brilliance Technology Co (SZSE:300542) Cash-to-Debt : 0.67 (As of Jun. 2024)

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What is Brilliance 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. Brilliance Technology Co's cash to debt ratio for the quarter that ended in Jun. 2024 was 0.67.

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

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

SZSE:300542' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.38 Med: 1.65 Max: 920.46
Current: 0.67

During the past 13 years, Brilliance Technology Co's highest Cash to Debt Ratio was 920.46. The lowest was 0.38. And the median was 1.65.

SZSE:300542's Cash-to-Debt is ranked worse than
70.6% of 2810 companies
in the Software industry
Industry Median: 2.37 vs SZSE:300542: 0.67

Brilliance Technology Co Cash-to-Debt Historical Data

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

Brilliance Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

2.37

7.12

3.02

1.22

1.53

Brilliance Technology Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Cash-to-Debt	Get a 7-Day Free Trial															0.47	0.52	1.53	0.54	0.67

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

For the Software - Application subindustry, Brilliance 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.

Brilliance Technology Co's Cash-to-Debt Distribution in the Software Industry

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

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

Brilliance 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.

Brilliance 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)
	=	524.283	/	(341.87	+	0.436)
	=	1.53

Brilliance Technology Co's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	262.319	/	(386.568	+	2.562)
	=	0.67

Brilliance Technology Co (SZSE:300542) 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.

Brilliance Technology Co Cash-to-Debt Related Terms

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Brilliance Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Brilliance Technology Co Ltd (SZSE:300542) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Landianchang East Road, Haidian District, 8/F,Tower B2, Golden Resource & Times Business Center No 2, Beijing, CHN, 100097

Website

http://www.brilliance.com.cn

Brilliance Technology Co Ltd provides software development, computer system integration, consulting and project management services. The company's software solutions include international business, corporate settlement system, bank settlement system, and bank intermediary business platform solutions; channel integration cloud platform, total cooperation cloud platform, television banking system, online banking system, and call center application platform solutions; and data exchange applications and service products. It also provides IT infrastructure solutions comprising an information security system, enterprise network construction, and data center infrastructure solutions; and IT services.

Executives

Kang Lu	Director
Yu Ke Jian	Directors, executives
Tang Ruo Mei	Supervisors
Zhang Yan Sheng	Directors, executives
Yang Han Jie	Director
Zhang Da Xin	Directors, executives
Li Fu Hua	Director
Ding Fei	Securities Affairs Representative

Brilliance Technology Co Headlines

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