AsiaInfo Technologies (HKSE:01675) Cash-to-Debt : 15.95 (As of Dec. 2023)

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What is AsiaInfo Technologies 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. AsiaInfo Technologies's cash to debt ratio for the quarter that ended in Dec. 2023 was 15.95.

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, AsiaInfo Technologies could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

HKSE:01675' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.7 Med: 2.7 Max: 22.2
Current: 15.95

During the past 9 years, AsiaInfo Technologies's highest Cash to Debt Ratio was 22.20. The lowest was 0.70. And the median was 2.70.

HKSE:01675's Cash-to-Debt is ranked better than
72.63% of 2799 companies
in the Software industry
Industry Median: 2.47 vs HKSE:01675: 15.95

AsiaInfo Technologies Cash-to-Debt Historical Data

The historical data trend for AsiaInfo 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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AsiaInfo Technologies Cash-to-Debt Chart

AsiaInfo Technologies Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

2.70

9.75

22.20

14.15

15.95

AsiaInfo Technologies Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial											22.20	7.69	14.15	12.29	15.95

Competitive Comparison of AsiaInfo Technologies's Cash-to-Debt

For the Software - Application subindustry, AsiaInfo 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.

AsiaInfo Technologies's Cash-to-Debt Distribution in the Software Industry

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

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

AsiaInfo 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.

AsiaInfo 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)
	=	3524.151	/	(96.445	+	124.482)
	=	15.95

AsiaInfo 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)
	=	3524.151	/	(96.445	+	124.482)
	=	15.95

AsiaInfo Technologies (HKSE:01675) 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.

AsiaInfo Technologies Cash-to-Debt Related Terms

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

AsiaInfo Technologies (HKSE:01675) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » AsiaInfo Technologies Ltd (HKSE:01675) » Definitions » Cash-to-Debt

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51N:Germany

Address

Northwest Wang East Road, No.10 East, Yaxin Building, East District, Zhongguancun Software Park Phase II, Hai Dian District, Beijing, CHN, 100193

Website

https://www.asiainfo.com

AsiaInfo Technologies Ltd is a provider of telecom software products and related service. The company's product portfolio currently consists of CRM, charging & billing, and big data products to IoT and intelligent network products. Its software products are deployed using an on-premises, project-based delivery model, and are accompanied by end-to-end, professional deployment services. It operates in two segments: Software business segment that comprises software products and related services; data-driven operation services; and others, including sale of third-party hardware and software, system integration services, business consulting services and corporate trainings. The Network security business segment engages in the provision of network security-related software products and services.

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