Beijing Beetech (SZSE:300667) Cash-to-Debt : 13.86 (As of Mar. 2024)

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What is Beijing Beetech 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. Beijing Beetech's cash to debt ratio for the quarter that ended in Mar. 2024 was 13.86.

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, Beijing Beetech 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 Beijing Beetech's Cash-to-Debt or its related term are showing as below:

SZSE:300667' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.72 Med: 2.39 Max: 13.86
Current: 13.86

During the past 12 years, Beijing Beetech's highest Cash to Debt Ratio was 13.86. The lowest was 0.72. And the median was 2.39.

SZSE:300667's Cash-to-Debt is ranked better than
79.56% of 2926 companies
in the Industrial Products industry
Industry Median: 1.23 vs SZSE:300667: 13.86

Beijing Beetech Cash-to-Debt Historical Data

The historical data trend for Beijing Beetech'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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Beijing Beetech Cash-to-Debt Chart

Beijing Beetech Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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2.84

2.83

4.51

5.33

12.43

Beijing Beetech 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															4.76	9.16	9.27	12.43	13.86

Competitive Comparison of Beijing Beetech's Cash-to-Debt

For the Electrical Equipment & Parts subindustry, Beijing Beetech'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.

Beijing Beetech's Cash-to-Debt Distribution in the Industrial Products Industry

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

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

Beijing Beetech 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.

Beijing Beetech'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)
	=	400.832	/	(24.105	+	8.146)
	=	12.43

Beijing Beetech'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)
	=	341.883	/	(17.946	+	6.725)
	=	13.86

Beijing Beetech (SZSE:300667) 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.

Beijing Beetech Cash-to-Debt Related Terms

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Beijing Beetech (SZSE:300667) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Beijing Beetech Inc (SZSE:300667) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

Seven Streets 7th Floor, No. 1 Huizhong Building, Haidian District, Beijing, CHN, 100085

Website

http://www.beetech.cn

Beijing Beetech Inc is a China-based company. It is a wireless sensor network system solutions and micro-electro-mechanical systems (MEMS) sensor chip provider. The company provides monitoring solutions for smart industrial, digital oilfields, smart grids and other fields. It also focuses on testing solutions in the fields of equipment manufacturing, research and testing, teaching and experiment and defense research, and MEMS products for automotive electronics and consumer electronics.

Executives

Zhang Zhi Tao	Executives
Ding Liang Cheng	Director
Xu Feng	Directors, executives
Dai Xiao Ning	Directors, executives
Shen Wei Zhen	Executives
Chen De Min	Supervisors
Deng Yan Qing	Executives
Tang Zhi Bin	Directors, executives
He Lei	Director
Gong Dao Yong	Director

Beijing Beetech (SZSE:300667) Headlines

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