Shanghai MicroPort MedBot (Group) Co (HKSE:02252) Cash-to-Debt : 0.91 (As of Dec. 2023)

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What is Shanghai MicroPort MedBot (Group) 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. Shanghai MicroPort MedBot (Group) Co's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.91.

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, Shanghai MicroPort MedBot (Group) Co 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 Shanghai MicroPort MedBot (Group) Co's Cash-to-Debt or its related term are showing as below:

HKSE:02252' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.91 Med: 4.59 Max: 79.3
Current: 0.91

During the past 5 years, Shanghai MicroPort MedBot (Group) Co's highest Cash to Debt Ratio was 79.30. The lowest was 0.91. And the median was 4.59.

HKSE:02252's Cash-to-Debt is ranked worse than
63.95% of 846 companies
in the Medical Devices & Instruments industry
Industry Median: 1.955 vs HKSE:02252: 0.91

Shanghai MicroPort MedBot (Group) Co Cash-to-Debt Historical Data

The historical data trend for Shanghai MicroPort MedBot (Group) 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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Shanghai MicroPort MedBot (Group) Co Cash-to-Debt Chart

Shanghai MicroPort MedBot (Group) Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

4.59

79.30

9.48

3.40

0.91

Shanghai MicroPort MedBot (Group) Co Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial				9.48	6.48	3.40	1.19	0.91

Competitive Comparison of Shanghai MicroPort MedBot (Group) Co's Cash-to-Debt

For the Medical Devices subindustry, Shanghai MicroPort MedBot (Group) 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.

Shanghai MicroPort MedBot (Group) Co's Cash-to-Debt Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Shanghai MicroPort MedBot (Group) Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Shanghai MicroPort MedBot (Group) Co's Cash-to-Debt falls into.

Shanghai MicroPort MedBot (Group) 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.

Shanghai MicroPort MedBot (Group) 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)
	=	555.324	/	(462.927	+	150.054)
	=	0.91

Shanghai MicroPort MedBot (Group) Co'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)
	=	555.324	/	(462.927	+	150.054)
	=	0.91

Shanghai MicroPort MedBot (Group) Co (HKSE:02252) 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.

Shanghai MicroPort MedBot (Group) Co Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Shanghai MicroPort MedBot (Group) Co's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Shanghai MicroPort MedBot (Group) Co (HKSE:02252) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Shanghai MicroPort MedBot (Group) Co Ltd (HKSE:02252) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

1601 Zhangdong Road, Room 101, Area B, Building 1, Pilot Free Trade Zone, Shanghai, CHN

Website

https://www.medbotsurgical.com

Shanghai MicroPort MedBot (Group) Co Ltd is a top-tier surgical robot company dedicated to designing, developing, and commercializing surgical robots to assist surgeons in performing complex surgical procedures.

Executives

He Chao	2201 Interest of corporation controlled by you
Yuan Shuai	2201 Interest of corporation controlled by you
Ji Shufang	2202 Interest of your spouse
Wu Kaili	2202 Interest of your spouse
Shenzhen Gao Ling Tiancheng Phase Iii Investment Co., Ltd.	2201 Interest of corporation controlled by you
Shenzhen Gao Ling Muqi Equity Investment Fund Llp	2201 Interest of corporation controlled by you
Xiamen Gao Ling Ruiqi Equity Investment Fund Llp	2201 Interest of corporation controlled by you
Zhuhai Gao Ling Chongheng Equity Investment Llp	2101 Beneficial owner
Shang Hai Wei Chuang Tou Zi Kong Gu You Xian Gong Si	2201 Interest of corporation controlled by you
Shang Hai Qing Zhen Qi Ye Guan Li Zi Xun Zhong Xin You Xian He Huo	2103 Interests held jointly with another person
Shang Hai Mo Hua Ren Gong Zhi Neng Ke Ji You Xian Gong Si	2103 Interests held jointly with another person
Wei Chuang Yi Liao Ke Xue You Xian Gong Si	2201 Interest of corporation controlled by you
Shang Hai Qing Min Qi Ye Guan Li Zi Xun Zhong Xin You Xian He Huo	2101 Beneficial owner

Shanghai MicroPort MedBot (Group) Co (HKSE:02252) Headlines

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