IAT Automobile Technology Co (SZSE:300825) Cash-to-Debt : 0.96 (As of Mar. 2024)

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What is IAT Automobile Technology 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. IAT Automobile Technology Co's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.96.

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, IAT Automobile Technology Co couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

SZSE:300825' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.43 Med: 3.51 Max: 18.05
Current: 0.96

During the past 11 years, IAT Automobile Technology Co's highest Cash to Debt Ratio was 18.05. The lowest was 0.43. And the median was 3.51.

SZSE:300825's Cash-to-Debt is ranked better than
59.46% of 1295 companies
in the Vehicles & Parts industry
Industry Median: 0.58 vs SZSE:300825: 0.96

IAT Automobile Technology Co Cash-to-Debt Historical Data

The historical data trend for IAT Automobile Technology 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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IAT Automobile Technology Co Cash-to-Debt Chart

IAT Automobile Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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8.68

2.94

3.67

2.56

1.10

IAT Automobile Technology 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															2.08	1.42	1.13	1.10	0.96

Competitive Comparison of IAT Automobile Technology Co's Cash-to-Debt

For the Auto Parts subindustry, IAT Automobile Technology 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.

IAT Automobile Technology Co's Cash-to-Debt Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, IAT Automobile Technology Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where IAT Automobile Technology Co's Cash-to-Debt falls into.

IAT Automobile Technology 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.

IAT Automobile Technology 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)
	=	542.437	/	(151.298	+	343.516)
	=	1.10

IAT Automobile Technology 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)
	=	512.891	/	(159.824	+	375.842)
	=	0.96

IAT Automobile Technology Co (SZSE:300825) 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.

IAT Automobile Technology Co Cash-to-Debt Related Terms

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IAT Automobile Technology Co (SZSE:300825) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » IAT Automobile Technology Co Ltd (SZSE:300825) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

No. 8, Shuangyang Road, Yizhuang BDA Industrial Park, Daxing District, Beijing, CHN, 100076

Website

http://www.iat-auto.com

IAT Automobile Technology Co Ltd is engaged in automotive product planning, styling, vehicle / engine / transmission / components engineering design, CAE ,NVH optimization, the development of EV, electronic control technology, prototyping, SE, mold / fixture design and manufacturing, show car production, vehicle and component test evaluation and consulting, covering the development of the whole process of automotive design. The company's services include Vehicle Design and Development; CAE / NVH / Vehicle Test; Engine / Power Train Development; Prototype Hardware/Tools and Fixtures; Auto Electrical Appliance/Electronic System/Parts Development/Consulting Services; Show Car/Race Car /Modified Vehicles Making and Technical Consulting Services; among others.

Executives

Zhang Li Qiang	Directors, executives
Xuan Qi Wu	Director
Lin Ling	Directors, executives

IAT Automobile Technology Co (SZSE:300825) Headlines

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