Chengdu Gas Group (SHSE:603053) Cash-to-Debt : 1,714.71 (As of Mar. 2025)

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What is Chengdu Gas Group 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. Chengdu Gas Group's cash to debt ratio for the quarter that ended in Mar. 2025 was 1,714.71.

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, Chengdu Gas Group 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 Chengdu Gas Group's Cash-to-Debt or its related term are showing as below:

SHSE:603053' s Cash-to-Debt Range Over the Past 10 Years
Min: 2.8 Med: 184.78 Max: 1714.71
Current: 1714.71

During the past 10 years, Chengdu Gas Group's highest Cash to Debt Ratio was 1714.71. The lowest was 2.80. And the median was 184.78.

SHSE:603053's Cash-to-Debt is ranked better than
96.69% of 483 companies
in the Utilities - Regulated industry
Industry Median: 0.26 vs SHSE:603053: 1714.71

Chengdu Gas Group Cash-to-Debt Historical Data

The historical data trend for Chengdu Gas Group'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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Chengdu Gas Group Cash-to-Debt Chart

Chengdu Gas Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash-to-Debt

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7.84

194.27

322.85

705.77

1,435.35

Chengdu Gas Group Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Cash-to-Debt	Get a 7-Day Free Trial															818.34	994.02	1,207.58	1,435.35	1,714.71

Competitive Comparison of Chengdu Gas Group's Cash-to-Debt

For the Utilities - Regulated Gas subindustry, Chengdu Gas Group'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.

Chengdu Gas Group's Cash-to-Debt Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Chengdu Gas Group's Cash-to-Debt distribution charts can be found below:

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

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Chengdu Gas Group 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.

Chengdu Gas Group'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)
	=	3192.221	/	(1.657	+	0.567)
	=	1,435.35

Chengdu Gas Group'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)
	=	3365.978	/	(1.286	+	0.677)
	=	1,714.71

Chengdu Gas Group (SHSE:603053) 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.

Chengdu Gas Group Cash-to-Debt Related Terms

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Chengdu Gas Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Chengdu Gas Group Corp Ltd (SHSE:603053) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

No. 19 Shaoling Road, Wuhou District, Sichuan Province, Chengdu, CHN, 610041

Website

http://www.cdgas.com

Chengdu Gas Group Corp Ltd is engaged in urban gas supply in large and medium cities in China. The company's business includes city gas supply, gas engineering planning, design, construction and installation, gas transmission and distribution, application, management, gas intelligent system research and development, equipment manufacturing, gas special equipment, pressure vessels, measuring device testing, gas appliances and equipment sales.

Executives

Chen Duo Wen

Director

Chengdu Gas Group Headlines

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