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Zhejiang Grandwall Electric Science & Technology Co (SHSE:603897) Cash-to-Debt : 1.71 (As of Mar. 2025)


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What is Zhejiang Grandwall Electric Science & Technology 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. Zhejiang Grandwall Electric Science & Technology Co's cash to debt ratio for the quarter that ended in Mar. 2025 was 1.71.

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, Zhejiang Grandwall Electric Science & Technology Co 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 Zhejiang Grandwall Electric Science & Technology Co's Cash-to-Debt or its related term are showing as below:

SHSE:603897' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02   Med: 1.85   Max: 14.67
Current: 1.71

During the past 11 years, Zhejiang Grandwall Electric Science & Technology Co's highest Cash to Debt Ratio was 14.67. The lowest was 0.02. And the median was 1.85.

SHSE:603897's Cash-to-Debt is ranked better than
56.14% of 3005 companies
in the Industrial Products industry
Industry Median: 1.21 vs SHSE:603897: 1.71

Zhejiang Grandwall Electric Science & Technology Co Cash-to-Debt Historical Data

The historical data trend for Zhejiang Grandwall Electric Science & Technology 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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Zhejiang Grandwall Electric Science & Technology Co Cash-to-Debt Chart

Zhejiang Grandwall Electric Science & Technology Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.61 3.44 2.16 2.47 1.33

Zhejiang Grandwall Electric Science & Technology Co 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.97 2.04 1.74 1.33 1.71

Competitive Comparison of Zhejiang Grandwall Electric Science & Technology Co's Cash-to-Debt

For the Electrical Equipment & Parts subindustry, Zhejiang Grandwall Electric Science & Technology 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.


Zhejiang Grandwall Electric Science & Technology Co's Cash-to-Debt Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zhejiang Grandwall Electric Science & Technology Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Zhejiang Grandwall Electric Science & Technology Co's Cash-to-Debt falls into.


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Zhejiang Grandwall Electric Science & Technology 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.

Zhejiang Grandwall Electric Science & Technology Co's Cash to Debt Ratio for the fiscal year that ended in Dec. 2024 is calculated as:

Zhejiang Grandwall Electric Science & Technology Co's Cash to Debt Ratio for the quarter that ended in Mar. 2025 is calculated as:

* 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.


Zhejiang Grandwall Electric Science & Technology Co  (SHSE:603897) 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.


Zhejiang Grandwall Electric Science & Technology Co Cash-to-Debt Related Terms

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Zhejiang Grandwall Electric Science & Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Great Wall Road East, Lianshi Town, Nanxun District, Zhejiang Province, Huzhou, CHN, 313013
Zhejiang Grandwall Electric Science & Technology Co Ltd is engaged in the development and production of electromagnetic wire products. Its products are used in new energy power generation, automotive drive motors, household appliances, industrial motors, automotive motors, power tools, instrumentation and lighting appliances and other major industries.
Executives
Gu Lin Xiang Director
Gu Lin Rong senior management
Lu Yong Ming senior management
Xu Yong Hua Directors, senior managers
Yu Quan Na Supervisors
Shi Jian Long Supervisors
Fan Xian Hua Director
Sheng Gen Mei Supervisors
Yu Jian Li Directors, senior managers

Zhejiang Grandwall Electric Science & Technology Co Headlines

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