Shanghai INT Medical Instruments Co (HKSE:01501) Cash-to-Debt : 1.01 (As of Dec. 2024)

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What is Shanghai INT Medical Instruments 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. Shanghai INT Medical Instruments Co's cash to debt ratio for the quarter that ended in Dec. 2024 was 1.01.

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, Shanghai INT Medical Instruments Co could pay off its debt using the cash in hand for the quarter that ended in Dec. 2024.

The historical rank and industry rank for Shanghai INT Medical Instruments Co's Cash-to-Debt or its related term are showing as below:

HKSE:01501' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.01 Med: 47.79 Max: No Debt
Current: 1.01

During the past 9 years, Shanghai INT Medical Instruments Co's highest Cash to Debt Ratio was No Debt. The lowest was 1.01. And the median was 47.79.

HKSE:01501's Cash-to-Debt is ranked worse than
59.77% of 855 companies
in the Medical Devices & Instruments industry
Industry Median: 1.72 vs HKSE:01501: 1.01

Shanghai INT Medical Instruments Co Cash-to-Debt Historical Data

The historical data trend for Shanghai INT Medical Instruments 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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Shanghai INT Medical Instruments Co Cash-to-Debt Chart

Shanghai INT Medical Instruments Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash-to-Debt

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502.18

47.79

4.40

2.36

1.01

Shanghai INT Medical Instruments Co Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Cash-to-Debt	Get a 7-Day Free Trial										4.40	4.21	2.36	5.37	1.01

Competitive Comparison of Shanghai INT Medical Instruments Co's Cash-to-Debt

For the Medical Instruments & Supplies subindustry, Shanghai INT Medical Instruments 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.

Shanghai INT Medical Instruments Co's Cash-to-Debt Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Shanghai INT Medical Instruments Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Shanghai INT Medical Instruments Co's Cash-to-Debt falls into.

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Shanghai INT Medical Instruments 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.

Shanghai INT Medical Instruments 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)
	=	262.455	/	(243.601	+	16.575)
	=	1.01

Shanghai INT Medical Instruments Co's Cash to Debt Ratio for the quarter 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)
	=	262.455	/	(243.601	+	16.575)
	=	1.01

Shanghai INT Medical Instruments Co (HKSE:01501) 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.

Shanghai INT Medical Instruments Co Cash-to-Debt Related Terms

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

Shanghai INT Medical Instruments Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Shanghai INT Medical Instruments Co Ltd (HKSE:01501) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 925 Jin Yuan Yi Road, Block 2, Jiading District, Shanghai, CHN, 201803

Website

https://www.int-medical.com

Shanghai INT Medical Instruments Co Ltd engages in the design and development of medical devices used in fields including peripheral intervention, neurological intervention, cardiovascular intervention, or implantation, and the design and development of equipment and moulds used for the production of medical devices. The company operates in the Chinese Mainland, Europe, the United States, and Other countries and regions. The majority of the revenue comes from the Chinese Mainland.

Executives

Jpmorgan Chase & Co.	2106 Person having a security interest in shares
China Orient Asset Management (international) Holding Limited	2201 Interest of corporation controlled by you
Zhao Wei	2202 Interest of your spouse
Wang Kai	2201 Interest of corporation controlled by you
Ningbo Huaige Taiyi Equity Investment Partnership (limited Partnership)	2101 Beneficial owner
Ningbo Huaige Health Investment Management Partnership (limited Partnership)	2201 Interest of corporation controlled by you
Ningbo Huaige Gongxin Equity Investment Partnership (limited Partnership)	2201 Interest of corporation controlled by you
Central Huijin Investment Ltd.	2201 Interest of corporation controlled by you
Orbimed Capital Llc	2102 Investment manager
Zhao Wei	2202 Interest of your spouse
Zheng Aiping	2501 Other
Zhang Xianmiao	2501 Other
Zhang Wei	2501 Other
Shanghai Kindly Holding Group Co., Ltd.	2201 Interest of corporation controlled by you
Worldwide Healthcare Trust Plc	2101 Beneficial owner

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