Inmyshow Digital Technology (Group) Co (SHSE:600556) Cash-to-Debt

: 2.03 (As of Sep. 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. Inmyshow Digital Technology (Group) Co's cash to debt ratio for the quarter that ended in Sep. 2023 was 2.03.

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, Inmyshow Digital Technology (Group) Co could pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

The historical rank and industry rank for Inmyshow Digital Technology (Group) Co's Cash-to-Debt or its related term are showing as below:

SHSE:600556' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.42 Med: No Debt Max: No Debt
Current: 2.03

During the past 13 years, Inmyshow Digital Technology (Group) Co's highest Cash to Debt Ratio was No Debt. The lowest was 0.42. And the median was No Debt.

SHSE:600556's Cash-to-Debt is ranked better than
57.23% of 1038 companies
in the Media - Diversified industry
Industry Median: 1.26 vs SHSE:600556: 2.03

Inmyshow Digital Technology (Group) Co Cash-to-Debt Historical Data

The historical data trend for Inmyshow Digital Technology (Group) 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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Inmyshow Digital Technology (Group) Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

No Debt

35.19

8.71

2.20

Inmyshow Digital Technology (Group) Co Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash-to-Debt																3.05	2.20	2.20	2.06	2.03

Competitive Comparison

For the Advertising Agencies subindustry, Inmyshow Digital Technology (Group) 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.

Inmyshow Digital Technology (Group) Co Cash-to-Debt Distribution

For the Media - Diversified industry and Communication Services sector, Inmyshow Digital Technology (Group) Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Inmyshow Digital Technology (Group) Co's Cash-to-Debt falls into.

Inmyshow Digital Technology (Group) 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.

Inmyshow Digital Technology (Group) Co's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 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)
	=	1842.576	/	(780.656	+	57.98)
	=	2.20

Inmyshow Digital Technology (Group) Co's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	1913.182	/	(908.2	+	32.384)
	=	2.03

Inmyshow Digital Technology (Group) Co (SHSE:600556) 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.

Inmyshow Digital Technology (Group) Co Cash-to-Debt Related Terms

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Inmyshow Digital Technology (Group) Co (SHSE:600556) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Inmyshow Digital Technology (Group) Co Ltd (SHSE:600556) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

No.16, West Beihai Avenue, Building D, 17th Floor, Haifu Building, Guangxi Zhuang Autonomous Region, Beihai, CHN, 536000

Website

http://www.bsyy.com.cn

Inmyshow Digital Technology (Group) Co Ltd is engaged in providing broadcasting services. It covers sports broadcasting like football live, basketball live, football videos, basketball videos, sports news, team database services, and others.

Inmyshow Digital Technology (Group) Co (SHSE:600556) Headlines

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