Chyunn Environment (ROCO:6911) Cash-to-Debt : 2.05 (As of Dec. 2023)

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What is Chyunn Environment 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. Chyunn Environment's cash to debt ratio for the quarter that ended in Dec. 2023 was 2.05.

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, Chyunn Environment 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 Chyunn Environment's Cash-to-Debt or its related term are showing as below:

ROCO:6911' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.82 Med: 1.82 Max: 2.95
Current: 2.05

During the past 6 years, Chyunn Environment's highest Cash to Debt Ratio was 2.95. The lowest was 0.82. And the median was 1.82.

ROCO:6911's Cash-to-Debt is ranked better than
78.57% of 238 companies
in the Waste Management industry
Industry Median: 0.35 vs ROCO:6911: 2.05

Chyunn Environment Cash-to-Debt Historical Data

The historical data trend for Chyunn Environment'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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Chyunn Environment Cash-to-Debt Chart

Chyunn Environment Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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1.59

0.90

2.95

2.63

2.05

Chyunn Environment Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial			2.95	2.41	2.63	2.14	2.05

Competitive Comparison of Chyunn Environment's Cash-to-Debt

For the Waste Management subindustry, Chyunn Environment'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.

Chyunn Environment's Cash-to-Debt Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Chyunn Environment's Cash-to-Debt distribution charts can be found below:

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

Chyunn Environment 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.

Chyunn Environment'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)
	=	301.521	/	(25.524	+	121.859)
	=	2.05

Chyunn Environment'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)
	=	301.521	/	(25.524	+	121.859)
	=	2.05

Chyunn Environment (ROCO:6911) 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.

Chyunn Environment Cash-to-Debt Related Terms

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Chyunn Environment (ROCO:6911) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Chyunn Environment Corp (ROCO:6911) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Anming Road, No. 100, Section 4, Annan District, Tainan City, TWN

Website

https://www.chyunn.com

Chyunn Environment Corp operates as a waste removal company. The firm engages in Garbage removal, resource recovery, general business waste removal, hazardous business waste removal, construction waste removal, earth and stone resource storage and disposal yards, machine scrapping, water truck business, and environmental protection business consultants.

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