Hyzon Motors (Hyzon Motors) Cash-to-Debt

: 14.86 (As of Dec. 2023)

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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. Hyzon Motors's cash to debt ratio for the quarter that ended in Dec. 2023 was 14.86.

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, Hyzon Motors could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

HYZN' s Cash-to-Debt Range Over the Past 10 Years
Min: 9.53 Med: 20.7 Max: 41.54
Current: 14.86

During the past 4 years, Hyzon Motors's highest Cash to Debt Ratio was 41.54. The lowest was 9.53. And the median was 20.70.

HYZN's Cash-to-Debt is ranked better than
88.96% of 1295 companies
in the Vehicles & Parts industry
Industry Median: 0.56 vs HYZN: 14.86

Hyzon Motors Cash-to-Debt Historical Data

The historical data trend for Hyzon Motors'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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Hyzon Motors Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

9.53

41.54

26.53

14.86

Hyzon Motors Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt										26.53	22.64	19.99	17.30	14.86

Competitive Comparison

For the Auto Parts subindustry, Hyzon Motors'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.

Hyzon Motors Cash-to-Debt Distribution

For the Vehicles & Parts industry and Consumer Cyclical sector, Hyzon Motors's Cash-to-Debt distribution charts can be found below:

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

Hyzon Motors 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.

Hyzon Motors'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)
	=	112.28	/	(1.821	+	5.733)
	=	14.86

Hyzon Motors's Cash to Debt Ratio for the quarter 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)
	=	112.28	/	(1.821	+	5.733)
	=	14.86

Hyzon Motors (NAS:HYZN) 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.

Hyzon Motors Cash-to-Debt Related Terms

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Hyzon Motors (Hyzon Motors) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Hyzon Motors Inc (NAS:HYZN) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

475 Quaker Meeting House Road, Honeoye Falls, New York, NY, USA, 14472

Website

https://www.hyzonmotors.com

Hyzon Motors Inc assembles and supplies hydrogen fuel cell-powered commercial vehicles across North America, Europe, China, and Australasia. In addition, it builds and fosters a clean hydrogen supply ecosystem with partners from feedstocks through production, dispensing and financing. The company intends to meet its customers' zero-emission vehicle needs by electrifying proven vehicle platforms utilizing its industry- leading fuel cell and electric propulsion technologies. It expects to deploy these technologies in various vehicle classes, including heavy-duty and medium-duty trucks and buses with the potential for future expansion into light-duty commercial vehicles, additional mobility use cases and stationary power applications.

Executives

Horizon Fuel Cell Technologies Pte Ltd	10 percent owner	KAIXUAM RD 1671 RM 705, SHANGHAL CHINA 200030 F4 00000
Stephen Weiland	officer: Chief Financial Officer	599 S SCHMIDT RD, BOLINGBROOK IL 60440
Matthew J. Foulston	director	9900 WEST 109TH STREET, SUITE 100, OVERLAND PARK KS 66210
Andrea Farace	director	NORTH LODGE, WOOLLEY, WANTAGE X0 OX12 8NJ
Jinxiu Sun-lasovage	officer: Chief Human Resources Officer	648 VINEWOOD AVE, BIRMINGHAM MI 48009
Bappaditya Banerjee	officer: Chief Operating Officer	439 S. MONROE ST., HINSDALE IL 60521
John Milton Edgley	officer: President of International Ops	69 RYANS RD, ELTHAM C3 3095
Samuel S Chong	officer: Chief Financial Officer	475 QUAKER MEETING HOUSE RD., HONEOYE FALLS NY 14472
Craig Matthew Knight	director, officer: Chief Executive Officer	475 QUAKER MEETING HOUSE ROAD, HONEOYE FALLS NY 14472
Patrick Michael Griffin	officer: See Remarks	2415 WOODLAWN DR. NW, DOVER OH 44622
Decarbonization Plus Acquisition Corp	officer: See Remarks	475 QUAKER MEETING HOUSE RD, HONEOYE FALLS NY 14472
Parker Stewart Meeks	officer: Chief Strategy Officer	599 S SCHMIDT RD, BOLINGBROOK IL 60440
Shinichi Hirano	officer: Chief Technology Officer	5878 SHILLINGHAM DRIVE, WEST BLOOMFIELD MI 48322
John R Zavoli	officer: See Remarks	6215 FERRIS SQ, STE 140, SAN DIEGO CA 92121
Jiajia Wu	officer: Chief Accounting Officer	599 S SCHMIDT RD, BOLINGBROOK IL 60440