Zhejiang Fengmao Technology Co (SZSE:301459) Cash-to-Debt : 58.50 (As of Mar. 2025)

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What is Zhejiang Fengmao 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. Zhejiang Fengmao Technology Co's cash to debt ratio for the quarter that ended in Mar. 2025 was 58.50.

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, Zhejiang Fengmao Technology 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 Zhejiang Fengmao Technology Co's Cash-to-Debt or its related term are showing as below:

SZSE:301459' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.47 Med: 56.72 Max: No Debt
Current: 58.5

During the past 7 years, Zhejiang Fengmao Technology Co's highest Cash to Debt Ratio was No Debt. The lowest was 0.47. And the median was 56.72.

SZSE:301459's Cash-to-Debt is ranked better than
87.43% of 3008 companies
in the Industrial Products industry
Industry Median: 1.25 vs SZSE:301459: 58.50

Zhejiang Fengmao Technology Co Cash-to-Debt Historical Data

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

Zhejiang Fengmao Technology Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash-to-Debt

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1.24

No Debt

28.51

154.15

60.11

Zhejiang Fengmao Technology Co Quarterly Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Cash-to-Debt	Get a 7-Day Free Trial													No Debt	56.72	63.39	60.11	58.50

Competitive Comparison of Zhejiang Fengmao Technology Co's Cash-to-Debt

For the Specialty Industrial Machinery subindustry, Zhejiang Fengmao 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.

Zhejiang Fengmao Technology Co's Cash-to-Debt Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zhejiang Fengmao Technology Co's Cash-to-Debt distribution charts can be found below:

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

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Zhejiang Fengmao 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.

Zhejiang Fengmao Technology 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)
	=	645.57	/	(0	+	10.74)
	=	60.11

Zhejiang Fengmao Technology 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)
	=	554.907	/	(0	+	9.485)
	=	58.50

Zhejiang Fengmao Technology Co (SZSE:301459) 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.

Zhejiang Fengmao Technology Co Cash-to-Debt Related Terms

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Zhejiang Fengmao Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Zhejiang Fengmao Technology Co Ltd (SZSE:301459) » Definitions » Cash-to-Debt

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Traded in Other Exchanges

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Address

No. 22, Jinfeng Road, Zhejiang, Yuyao, CHN, 315403

Website

http://www.fengmao.com

Zhejiang Fengmao Technology Co Ltd is engaged in research & development and industrialization of precision rubber parts.

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