Client Service International (SZSE:300663) Cash-to-Debt : 0.24 (As of Mar. 2024)

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What is Client Service International 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. Client Service International's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.24.

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, Client Service International 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 Client Service International's Cash-to-Debt or its related term are showing as below:

SZSE:300663' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.06 Med: 0.32 Max: 1.22
Current: 0.24

During the past 12 years, Client Service International's highest Cash to Debt Ratio was 1.22. The lowest was 0.06. And the median was 0.32.

SZSE:300663's Cash-to-Debt is ranked worse than
84.4% of 2795 companies
in the Software industry
Industry Median: 2.54 vs SZSE:300663: 0.24

Client Service International Cash-to-Debt Historical Data

The historical data trend for Client Service International'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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Client Service International Cash-to-Debt Chart

Client Service International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.57

0.58

0.34

0.32

0.42

Client Service International 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															0.24	0.32	0.21	0.42	0.24

Competitive Comparison of Client Service International's Cash-to-Debt

For the Software - Application subindustry, Client Service International'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.

Client Service International's Cash-to-Debt Distribution in the Software Industry

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

* The bar in red indicates where Client Service International's Cash-to-Debt falls into.

Client Service International 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.

Client Service International'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)
	=	604.884	/	(471.062	+	987.984)
	=	0.41

Client Service International'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)
	=	337.713	/	(414.895	+	991.742)
	=	0.24

Client Service International (SZSE:300663) 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.

Client Service International Cash-to-Debt Related Terms

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

Client Service International (SZSE:300663) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Client Service International Inc (SZSE:300663) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 18 Chaoyangmenwai Street, Fenglian Plaza Building, Room 1601, Building A, Chaoyang District, Beijing, CHN, 100176

Website

http://www.csii.com.cn

Client Service International Inc is a Chinese high tech company engaged in providing software product application development and consulting services in the field of Bank IT. It offers products and solutions in the field of Internet finance series, E-banking series, Core business series and Online banking security series. In internet finance series, the company offers direct banking and financial open platform. Through e-banking series, the company offers solutions such as mobile banking system, online banking, and online mall system, among others.

Executives

Wang An Jing

Directors, executives

Client Service International (SZSE:300663) Headlines

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