Sanhe Tongfei Refrigeration Co (SZSE:300990) Cash-to-Debt : 22.11 (As of Mar. 2025)

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What is Sanhe Tongfei Refrigeration 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. Sanhe Tongfei Refrigeration Co's cash to debt ratio for the quarter that ended in Mar. 2025 was 22.11.

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, Sanhe Tongfei Refrigeration Co could pay off its debt using the cash in hand for the quarter that ended in Mar. 2025.

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

SZSE:300990' s Cash-to-Debt Range Over the Past 10 Years
Min: 18.99 Med: 351.2 Max: No Debt
Current: 22.11

During the past 8 years, Sanhe Tongfei Refrigeration Co's highest Cash to Debt Ratio was No Debt. The lowest was 18.99. And the median was 351.20.

SZSE:300990's Cash-to-Debt is ranked better than
82.76% of 3011 companies
in the Industrial Products industry
Industry Median: 1.26 vs SZSE:300990: 22.11

Sanhe Tongfei Refrigeration Co Cash-to-Debt Historical Data

The historical data trend for Sanhe Tongfei Refrigeration 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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Sanhe Tongfei Refrigeration Co Cash-to-Debt Chart

Sanhe Tongfei Refrigeration Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash-to-Debt

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116.87

938.28

350.90

25.99

36.39

Sanhe Tongfei Refrigeration 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															18.99	30.33	23.03	36.39	22.11

Competitive Comparison of Sanhe Tongfei Refrigeration Co's Cash-to-Debt

For the Specialty Industrial Machinery subindustry, Sanhe Tongfei Refrigeration 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.

Sanhe Tongfei Refrigeration Co's Cash-to-Debt Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sanhe Tongfei Refrigeration Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Sanhe Tongfei Refrigeration Co's Cash-to-Debt falls into.

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Sanhe Tongfei Refrigeration 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.

Sanhe Tongfei Refrigeration 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)
	=	366.136	/	(3.704	+	6.357)
	=	36.39

Sanhe Tongfei Refrigeration 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)
	=	253.967	/	(4.122	+	7.365)
	=	22.11

Sanhe Tongfei Refrigeration Co (SZSE:300990) 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.

Sanhe Tongfei Refrigeration Co Cash-to-Debt Related Terms

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

Sanhe Tongfei Refrigeration Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Sanhe Tongfei Refrigeration Co Ltd (SZSE:300990) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 3 Jinzhan Road, Railway Station, Hebei Province, Sanhe, CHN, 065200

Website

https://www.tfzl.com

Sanhe Tongfei Refrigeration Co Ltd is a high-tech enterprise integrating R&D, manufacturing, marketing and services. The company has refrigeration performance testing center. The company deals in various products such as series oil chiller, series water chiller, hydraulic oil heat exchanger, industrial heat exchangers, pure water cooling unit and others. The products have been widely used to various industries, such as machine tool, electronics, military, aerospace, automobile, shipping, rail haulage, communication, and industrial cleaning.

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