Yealink Network Technology (SZSE:300628) Cash-to-Debt : 1,032.11 (As of Mar. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Yealink Network Technology 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. Yealink Network Technology's cash to debt ratio for the quarter that ended in Mar. 2024 was 1,032.11.

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, Yealink Network Technology could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

The historical rank and industry rank for Yealink Network Technology's Cash-to-Debt or its related term are showing as below:

SZSE:300628' s Cash-to-Debt Range Over the Past 10 Years
Min: 20.43 Med: No Debt Max: No Debt
Current: 1032.11

During the past 12 years, Yealink Network Technology's highest Cash to Debt Ratio was No Debt. The lowest was 20.43. And the median was No Debt.

SZSE:300628's Cash-to-Debt is ranked better than
95.67% of 2470 companies
in the Hardware industry
Industry Median: 1.38 vs SZSE:300628: 1032.11

Yealink Network Technology Cash-to-Debt Historical Data

The historical data trend for Yealink Network Technology'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.

* Premium members only.

Yealink Network Technology Cash-to-Debt Chart

Yealink Network Technology Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

73.77

218.87

228.95

363.46

888.85

Yealink Network Technology 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															470.81	437.69	544.06	888.85	1,032.11

Competitive Comparison of Yealink Network Technology's Cash-to-Debt

For the Communication Equipment subindustry, Yealink Network Technology'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.

Yealink Network Technology's Cash-to-Debt Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Yealink Network Technology's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Yealink Network Technology's Cash-to-Debt falls into.

Yealink Network Technology 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.

Yealink Network Technology'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)
	=	5466.408	/	(3.111	+	3.039)
	=	888.85

Yealink Network Technology'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)
	=	5761.256	/	(2.85	+	2.732)
	=	1,032.11

Yealink Network Technology (SZSE:300628) 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.

Yealink Network Technology Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Yealink Network Technology's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Yealink Network Technology (SZSE:300628) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Yealink Network Technology Corp Ltd (SZSE:300628) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

No.1 Ling-Xia North Road, High Tech Park, Huli, Xiamen, CHN, 361009

Website

http://www.yealink.com.cn

Yealink Network Technology Corp Ltd is a provider of unified communication (UC) terminal solutions. It offers video, audio and collaboration unified communication terminal solutions as well as Communication Terminal products for businesses of all sizes. The group is a strategic partner with various brands such as Microsoft, Brandsoft, 3CX, Metaswitch, and Bluejeans. Geographically it operates through China, however, its solutions are offered worldwide.

Yealink Network Technology (SZSE:300628) Headlines

No Headlines