Tianjin Keyvia Electric Co (SZSE:300407) Cash-to-Debt : 3.77 (As of Mar. 2024)

View and export this data going back to 2014. Start your Free Trial

What is Tianjin Keyvia Electric 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. Tianjin Keyvia Electric Co's cash to debt ratio for the quarter that ended in Mar. 2024 was 3.77.

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, Tianjin Keyvia Electric Co 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 Tianjin Keyvia Electric Co's Cash-to-Debt or its related term are showing as below:

SZSE:300407' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.11 Med: 2.21 Max: No Debt
Current: 3.77

During the past 13 years, Tianjin Keyvia Electric Co's highest Cash to Debt Ratio was No Debt. The lowest was 1.11. And the median was 2.21.

SZSE:300407's Cash-to-Debt is ranked better than
84.78% of 966 companies
in the Transportation industry
Industry Median: 0.48 vs SZSE:300407: 3.77

Tianjin Keyvia Electric Co Cash-to-Debt Historical Data

The historical data trend for Tianjin Keyvia Electric 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.

* Premium members only.

Tianjin Keyvia Electric Co Cash-to-Debt Chart

Tianjin Keyvia Electric Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

2.98

2.51

2.45

2.27

4.39

Tianjin Keyvia Electric 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															2.14	2.20	2.97	4.39	3.77

Competitive Comparison of Tianjin Keyvia Electric Co's Cash-to-Debt

For the Railroads subindustry, Tianjin Keyvia Electric 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.

Tianjin Keyvia Electric Co's Cash-to-Debt Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Tianjin Keyvia Electric Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Tianjin Keyvia Electric Co's Cash-to-Debt falls into.

Tianjin Keyvia Electric 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.

Tianjin Keyvia Electric 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)
	=	827.195	/	(134.273	+	54.282)
	=	4.39

Tianjin Keyvia Electric 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)
	=	719.383	/	(122.191	+	68.643)
	=	3.77

Tianjin Keyvia Electric Co (SZSE:300407) 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.

Tianjin Keyvia Electric Co Cash-to-Debt Related Terms

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

Tianjin Keyvia Electric Co (SZSE:300407) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Tianjin Keyvia Electric Co Ltd (SZSE:300407) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

8th matter Hyflux Building Road, Tianjin Huayuan Industrial Park, Tianjin, CHN, 300384

Website

http://www.keyvia.cn

Tianjin Keyvia Electric Co Ltd covers two areas of electrified railway and urban rail transit, including traction power distribution automation system, dispatching and comprehensive monitoring system, industrial automation system, auxiliary control system for rolling stock, monitoring and diagnosis system, software product development, and others. The widely used products mainly include DK3500 electrified railway traction power supply integrated automation system, traction power supply power dispatching and monitoring system, integrated monitoring system, access control system, automatic ticket checking system, mechanical and electrical equipment monitoring system, passenger information system, disaster prevention alarm system, wireless communication system, and others.

Executives

Kong Xiang Zhou	Director
Wen Guo Wang	Supervisors
Wang Yong	Director
Wang Chuan Qi	Directors, executives
Wang Wei	Directors, executives
Zhang Zhong Jie	Directors, executives
Liu Kun	Supervisors
Chu Fei	Directors, executives
Cai Deng Ming	Directors, executives
Zhao Qin	Supervisors
Zhao Yi Huan	Executives
Wang Rui Jin	Securities Affairs Representative
Zhang Gang	Executives

Tianjin Keyvia Electric Co (SZSE:300407) Headlines

No Headlines