Shanghai Metersbonwe Fashion & Accessories Co (SZSE:002269) Cash-to-Debt

: 0.10 (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. Shanghai Metersbonwe Fashion & Accessories Co's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.10.

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 Metersbonwe Fashion & Accessories Co couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

The historical rank and industry rank for Shanghai Metersbonwe Fashion & Accessories Co's Cash-to-Debt or its related term are showing as below:

SZSE:002269' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.07 Med: 0.31 Max: 1.16
Current: 0.1

During the past 13 years, Shanghai Metersbonwe Fashion & Accessories Co's highest Cash to Debt Ratio was 1.16. The lowest was 0.07. And the median was 0.31.

SZSE:002269's Cash-to-Debt is ranked worse than
76.04% of 1035 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.47 vs SZSE:002269: 0.10

Shanghai Metersbonwe Fashion & Accessories Co Cash-to-Debt Historical Data

The historical data trend for Shanghai Metersbonwe Fashion & Accessories 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 Metersbonwe Fashion & Accessories Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

0.35

0.32

0.07

0.19

0.12

Shanghai Metersbonwe Fashion & Accessories 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																0.09	0.12	0.15	0.19	0.10

Competitive Comparison

For the Apparel Manufacturing subindustry, Shanghai Metersbonwe Fashion & Accessories 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 Metersbonwe Fashion & Accessories Co Cash-to-Debt Distribution

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Shanghai Metersbonwe Fashion & Accessories Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Shanghai Metersbonwe Fashion & Accessories Co's Cash-to-Debt falls into.

Shanghai Metersbonwe Fashion & Accessories 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 Metersbonwe Fashion & Accessories 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)
	=	125.885	/	(978.369	+	112.709)
	=	0.12

Shanghai Metersbonwe Fashion & Accessories 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)
	=	85.997	/	(759.147	+	112.732)
	=	0.10

Shanghai Metersbonwe Fashion & Accessories Co (SZSE:002269) 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 Metersbonwe Fashion & Accessories Co Cash-to-Debt Related Terms

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Shanghai Metersbonwe Fashion & Accessories Co (SZSE:002269) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Shanghai Metersbonwe Fashion & Accessories Co Ltd (SZSE:002269) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 800 Kangqiao East Road, China (Shanghai) Pilot Free Trade Zone, Nanhui District, Shanghai, CHN, 201315

Website

http://www.metersbonwe.com

Shanghai Metersbonwe Fashion & Accessories Co Ltd is a China-based company engaged in the design, manufacture and sale of fashion casual wear and accessories. It provides apparel under the brand names Meters/bonwe and ME&CITY.

Shanghai Metersbonwe Fashion & Accessories Co (SZSE:002269) Headlines

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