Winner Technology Co (SZSE:300609) Cash-to-Debt : 5.16 (As of Mar. 2024)

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What is Winner 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. Winner Technology Co's cash to debt ratio for the quarter that ended in Mar. 2024 was 5.16.

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

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

SZSE:300609' s Cash-to-Debt Range Over the Past 10 Years
Min: 5.16 Med: 33.49 Max: No Debt
Current: 5.16

During the past 12 years, Winner Technology Co's highest Cash to Debt Ratio was No Debt. The lowest was 5.16. And the median was 33.49.

SZSE:300609's Cash-to-Debt is ranked better than
59.74% of 2725 companies
in the Software industry
Industry Median: 2.49 vs SZSE:300609: 5.16

Winner Technology Co Cash-to-Debt Historical Data

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

Winner Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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13.43

104.63

15.36

12.40

5.95

Winner 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															12.98	15.47	6.33	5.95	5.16

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

For the Software - Application subindustry, Winner 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.

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

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

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

Winner 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.

Winner 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)
	=	336.914	/	(42.622	+	14.022)
	=	5.95

Winner 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)
	=	289.433	/	(43.038	+	13.106)
	=	5.16

Winner Technology Co (SZSE:300609) 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.

Winner Technology Co Cash-to-Debt Related Terms

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

Winner Technology Co (SZSE:300609) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Winner Technology Co Inc (SZSE:300609) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lane 55, Zhangjiang Chuanhe Road, No. 6, China (Shanghai) Pilot Free Trade Zone, Pudong New Area, Shanghai, CHN, 201210

Website

https://www.winnerinf.com

Winner Technology Co Inc Formerly Winner Information Technology Inc is a Chinese company engaged in the big data business. It provides offline consumer entity consumer data collection and analysis. The solutions offered by the company includes smart shopping, wisdom store and data service. Wisdom stores acquire consumer and product information by combining video identification, Beacon\Wi-Fi\RFID and other data collection technologies and multimedia means.

Executives

Sun Wei Min	Directors, executives
Zhang Hong Jun	Directors, executives
Guo Hong Wei	Supervisors
Xue Hong Wei	Director

Winner Technology Co (SZSE:300609) Headlines

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