Cre8 Direct (Ningbo) Co (SZSE:300703) Cash-to-Debt : 0.95 (As of Mar. 2025)

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What is Cre8 Direct (Ningbo) 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. Cre8 Direct (Ningbo) Co's cash to debt ratio for the quarter that ended in Mar. 2025 was 0.95.

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, Cre8 Direct (Ningbo) Co couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2025.

The historical rank and industry rank for Cre8 Direct (Ningbo) Co's Cash-to-Debt or its related term are showing as below:

SZSE:300703' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.33 Med: 0.93 Max: 4.05
Current: 0.95

During the past 13 years, Cre8 Direct (Ningbo) Co's highest Cash to Debt Ratio was 4.05. The lowest was 0.33. And the median was 0.93.

SZSE:300703's Cash-to-Debt is ranked better than
67.49% of 283 companies
in the Forest Products industry
Industry Median: 0.29 vs SZSE:300703: 0.95

Cre8 Direct (Ningbo) Co Cash-to-Debt Historical Data

The historical data trend for Cre8 Direct (Ningbo) 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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Cre8 Direct (Ningbo) Co Cash-to-Debt Chart

Cre8 Direct (Ningbo) Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash-to-Debt

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0.99

0.42

0.89

1.20

1.14

Cre8 Direct (Ningbo) Co Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Cash-to-Debt	Get a 7-Day Free Trial															0.96	0.69	0.84	1.14	0.95

Competitive Comparison of Cre8 Direct (Ningbo) Co's Cash-to-Debt

For the Paper & Paper Products subindustry, Cre8 Direct (Ningbo) 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.

Cre8 Direct (Ningbo) Co's Cash-to-Debt Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Cre8 Direct (Ningbo) Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Cre8 Direct (Ningbo) Co's Cash-to-Debt falls into.

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Cre8 Direct (Ningbo) 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.

Cre8 Direct (Ningbo) Co's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
	=	560.861	/	(327.244	+	163.428)
	=	1.14

Cre8 Direct (Ningbo) Co's Cash to Debt Ratio for the quarter that ended in Mar. 2025 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)
	=	449.456	/	(263.582	+	211.616)
	=	0.95

Cre8 Direct (Ningbo) Co (SZSE:300703) 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.

Cre8 Direct (Ningbo) Co Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Cre8 Direct (Ningbo) Co's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Cre8 Direct (Ningbo) Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Cre8 Direct (Ningbo) Co Ltd (SZSE:300703) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

45 West Lushan Road, Beilun District, Zhejiang Province, Ningbo, CHN, 315800

Website

http://www.cre8direct.net

Cre8 Direct (Ningbo) Co Ltd is a China-based company principally engaged in the design, production and sales of paper-based products around the world. Its product lines span a vast number of categories including stationery, storage, office supplies, scrapbooking, paper crafting, party, D.I.Y., dated goods, card making, and children's crafting.

Executives

Ren Zhao Guo	Directors, executives
Deng Jian Jun	Directors, executives
Qin Zai Ming	Supervisors
Chai Xiao Hai	Directors, executives
Jiang Ming Zhong	Supervisors
Wang Xian Yu	Directors, executives

Cre8 Direct (Ningbo) Co Headlines

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