Suzhou Maxwell Technologies Co (SZSE:300751) Cash-to-Debt : 3.20 (As of Sep. 2023)

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What is Suzhou Maxwell Technologies 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. Suzhou Maxwell Technologies Co's cash to debt ratio for the quarter that ended in Sep. 2023 was 3.20.

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, Suzhou Maxwell Technologies Co could pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

The historical rank and industry rank for Suzhou Maxwell Technologies Co's Cash-to-Debt or its related term are showing as below:

SZSE:300751' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.18 Med: 5.57 Max: 432.28
Current: 3.2

During the past 9 years, Suzhou Maxwell Technologies Co's highest Cash to Debt Ratio was 432.28. The lowest was 1.18. And the median was 5.57.

SZSE:300751's Cash-to-Debt is ranked better than
60% of 995 companies
in the Semiconductors industry
Industry Median: 1.79 vs SZSE:300751: 3.20

Suzhou Maxwell Technologies Co Cash-to-Debt Historical Data

The historical data trend for Suzhou Maxwell Technologies 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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Suzhou Maxwell Technologies Co Cash-to-Debt Chart

Suzhou Maxwell Technologies Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

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6.84

3.89

4.33

231.37

14.41

Suzhou Maxwell Technologies 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	Get a 7-Day Free Trial															14.52	14.41	6.67	5.79	3.20

Competitive Comparison of Suzhou Maxwell Technologies Co's Cash-to-Debt

For the Semiconductor Equipment & Materials subindustry, Suzhou Maxwell Technologies 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.

Suzhou Maxwell Technologies Co's Cash-to-Debt Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Suzhou Maxwell Technologies Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Suzhou Maxwell Technologies Co's Cash-to-Debt falls into.

Suzhou Maxwell Technologies 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.

Suzhou Maxwell Technologies 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)
	=	4519.922	/	(229.56	+	84.225)
	=	14.40

Suzhou Maxwell Technologies 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)
	=	4458.269	/	(509.797	+	883.63)
	=	3.20

Suzhou Maxwell Technologies Co (SZSE:300751) 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.

Suzhou Maxwell Technologies Co Cash-to-Debt Related Terms

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Suzhou Maxwell Technologies Co (SZSE:300751) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Suzhou Maxwell Technologies Co Ltd (SZSE:300751) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

No. 1801, Pangjin Road, D02 Building, Pangjin Industrial Square, Economic and Technological Development Zon, Wujiang, CHN, 215200

Website

http://www.maxwell-gp.com

Suzhou Maxwell Technologies Co Ltd is a manufacturer of integrating mechanical equipment design, electrical development, software algorithm development and precision manufacturing equipment. It is primarily involved in solar cell production equipment and is the leading equipment supplier and service provider of photovoltaic industry.

Suzhou Maxwell Technologies Co (SZSE:300751) Headlines

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