Baylin Technologies (TSX:BYL) Cash-to-Debt

: 0.17 (As of Dec. 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. Baylin Technologies's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.17.

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, Baylin Technologies couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

TSX:BYL' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.17 Med: 0.41 Max: 7.8
Current: 0.17

During the past 12 years, Baylin Technologies's highest Cash to Debt Ratio was 7.80. The lowest was 0.17. And the median was 0.41.

TSX:BYL's Cash-to-Debt is ranked worse than
90.41% of 2471 companies
in the Hardware industry
Industry Median: 1.38 vs TSX:BYL: 0.17

Baylin Technologies Cash-to-Debt Historical Data

The historical data trend for Baylin Technologies'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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Baylin Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.22

0.19

0.40

0.17

Baylin Technologies Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.17	0.19	0.16	0.10	0.17

Competitive Comparison

For the Communication Equipment subindustry, Baylin Technologies'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.

Baylin Technologies Cash-to-Debt Distribution

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

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

Baylin Technologies 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.

Baylin Technologies'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)
	=	4.903	/	(18.591	+	10.068)
	=	0.17

Baylin Technologies's Cash to Debt Ratio for the quarter 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)
	=	4.903	/	(18.591	+	10.068)
	=	0.17

Baylin Technologies (TSX:BYL) 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.

Baylin Technologies Cash-to-Debt Related Terms

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Baylin Technologies (TSX:BYL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Baylin Technologies Inc (TSX:BYL) » Definitions » Cash-to-Debt

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BYLTF:USA

Address

4711 Yonge Street, Suite 503, Toronto, ON, CAN, M2N 6K8

Website

https://www.baylintech.com

Baylin Technologies Inc is a diversified wireless technology management company. It focuses on the research, design, development, manufacturing, and sales of passive and active radio frequency and terrestrial microwave products and services. The products are marketed and sold under the brand names Galtronics, Advantech Wireless, Alga Microwave, and Mitec VSAT.

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