Shanghai Lingyun Curtain Wall Science And Technology Co (SHSE:900957) Cash-to-Debt : 0.07 (As of Mar. 2024)

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What is Shanghai Lingyun Curtain Wall Science And 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. Shanghai Lingyun Curtain Wall Science And Technology Co's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.07.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Shanghai Lingyun Curtain Wall Science And Technology Co couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

The historical rank and industry rank for Shanghai Lingyun Curtain Wall Science And Technology Co's Cash-to-Debt or its related term are showing as below:

SHSE:900957' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.06 Max: No Debt
Current: 0.07

During the past 13 years, Shanghai Lingyun Curtain Wall Science And Technology Co's highest Cash to Debt Ratio was No Debt. The lowest was 0.00. And the median was 0.06.

SHSE:900957's Cash-to-Debt is ranked worse than
80.28% of 426 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.22 vs SHSE:900957: 0.07

Shanghai Lingyun Curtain Wall Science And Technology Co Cash-to-Debt Historical Data

The historical data trend for Shanghai Lingyun Curtain Wall Science And 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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Shanghai Lingyun Curtain Wall Science And Technology Co Cash-to-Debt Chart

Shanghai Lingyun Curtain Wall Science And Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.07

0.03

0.13

0.11

Shanghai Lingyun Curtain Wall Science And Technology Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															0.10	0.06	0.07	0.11	0.07

Competitive Comparison of Shanghai Lingyun Curtain Wall Science And Technology Co's Cash-to-Debt

For the Utilities - Independent Power Producers subindustry, Shanghai Lingyun Curtain Wall Science And 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.

Shanghai Lingyun Curtain Wall Science And Technology Co's Cash-to-Debt Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Shanghai Lingyun Curtain Wall Science And Technology Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Shanghai Lingyun Curtain Wall Science And Technology Co's Cash-to-Debt falls into.

Shanghai Lingyun Curtain Wall Science And 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.

Shanghai Lingyun Curtain Wall Science And Technology Co'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)
	=	6.807	/	(2.203	+	59.27)
	=	0.11

Shanghai Lingyun Curtain Wall Science And Technology Co's Cash to Debt Ratio for the quarter that ended in Mar. 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)
	=	3.961	/	(0.063	+	59.456)
	=	0.07

Shanghai Lingyun Curtain Wall Science And Technology Co (SHSE:900957) 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 Lingyun Curtain Wall Science And Technology Co Cash-to-Debt Related Terms

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Shanghai Lingyun Curtain Wall Science And Technology Co (SHSE:900957) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Shanghai Lingyun Curtain Wall Science And Technology Co Ltd (SHSE:900957) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

No. 1088 Yuanshen Road, Room 1201, 12th Floor, Ping An Fortune Building, Pudong New Area, Shanghai, CHN, 200122

Website

http://www.elingyun.com

Shanghai Lingyun Curtain Wall Science And Technology Co Ltd is a China-based company operating in the utility sector. Its activities are divided into the power generation business and real estate business. The power generation business generates power through its photovoltaic power stations. Real Estate business is engaged in the commercial property development, rental, and management. The power generation business contributes to most of the company's revenue.

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