XCHG (XCH) Cash-to-Debt : 2.27 (As of Jun. 2024)

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What is XCHG 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. XCHG's cash to debt ratio for the quarter that ended in Jun. 2024 was 2.27.

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, XCHG could pay off its debt using the cash in hand for the quarter that ended in Jun. 2024.

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

XCH' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.85 Med: 1.45 Max: 2.54
Current: 2.27

During the past 3 years, XCHG's highest Cash to Debt Ratio was 2.54. The lowest was 0.85. And the median was 1.45.

XCH's Cash-to-Debt is ranked better than
60.83% of 2997 companies
in the Industrial Products industry
Industry Median: 1.23 vs XCH: 2.27

XCHG Cash-to-Debt Historical Data

The historical data trend for XCHG'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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XCHG Cash-to-Debt Chart

XCHG Annual Data

Trend

Dec21

Dec22

Dec23

Cash-to-Debt

2.54

1.79

0.85

XCHG Quarterly Data
	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Cash-to-Debt	Get a 7-Day Free Trial					1.45	0.95	0.85	1.30	2.27

Competitive Comparison of XCHG's Cash-to-Debt

For the Specialty Industrial Machinery subindustry, XCHG'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.

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

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

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

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XCHG 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.

XCHG'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)
	=	15.661	/	(18.37	+	0.172)
	=	0.84

XCHG's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	24.258	/	(9.507	+	1.176)
	=	2.27

XCHG (NAS:XCH) 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.

XCHG Cash-to-Debt Related Terms

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XCHG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » XCHG Ltd (NAS:XCH) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Hamburg-Mitte Grevenweg 24, Hamburg, DEU, 20537

Website

https://www.xcharge.com

XCHG Ltd engaged in designing, manufacturing and selling of Electric Vehicle (EV) chargers and EV charging solutions which include the DC fast chargers named the C6 series and the C7 series, the battery-integrated DC fast chargers which is Net Zero Series (NZS), as well as accompanying services. Its integrated solution combining proprietary charging technology, energy storage technology and accompanying services significantly improves EV charging efficiency and unlocks the value of energy storage and management. Its NZS solution enables fast charging at low power locations or vis-a-vis aged grid infrastructures (which typically are not compatible with fast charging equipment) with no site improvements or grid upgrades needed.