Yunnan Chihong Zinc & Germanium Co (SHSE:600497) Cash-to-Debt : 0.30 (As of Mar. 2024)

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What is Yunnan Chihong Zinc & Germanium 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. Yunnan Chihong Zinc & Germanium Co's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.30.

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, Yunnan Chihong Zinc & Germanium 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 Yunnan Chihong Zinc & Germanium Co's Cash-to-Debt or its related term are showing as below:

SHSE:600497' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.05 Med: 0.1 Max: 0.34
Current: 0.3

During the past 13 years, Yunnan Chihong Zinc & Germanium Co's highest Cash to Debt Ratio was 0.34. The lowest was 0.05. And the median was 0.10.

SHSE:600497's Cash-to-Debt is ranked worse than
81.08% of 2637 companies
in the Metals & Mining industry
Industry Median: 18.37 vs SHSE:600497: 0.30

Yunnan Chihong Zinc & Germanium Co Cash-to-Debt Historical Data

The historical data trend for Yunnan Chihong Zinc & Germanium 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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Yunnan Chihong Zinc & Germanium Co Cash-to-Debt Chart

Yunnan Chihong Zinc & Germanium Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.08

0.09

0.15

0.19

0.34

Yunnan Chihong Zinc & Germanium 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															0.29	0.12	0.22	0.34	0.30

Competitive Comparison of Yunnan Chihong Zinc & Germanium Co's Cash-to-Debt

For the Other Industrial Metals & Mining subindustry, Yunnan Chihong Zinc & Germanium 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.

Yunnan Chihong Zinc & Germanium Co's Cash-to-Debt Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Yunnan Chihong Zinc & Germanium Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Yunnan Chihong Zinc & Germanium Co's Cash-to-Debt falls into.

Yunnan Chihong Zinc & Germanium 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.

Yunnan Chihong Zinc & Germanium 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)
	=	1464.442	/	(1966.075	+	2391.414)
	=	0.34

Yunnan Chihong Zinc & Germanium 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)
	=	1301.001	/	(2058.326	+	2319.455)
	=	0.30

Yunnan Chihong Zinc & Germanium Co (SHSE:600497) 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.

Yunnan Chihong Zinc & Germanium Co Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Yunnan Chihong Zinc & Germanium Co's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Yunnan Chihong Zinc & Germanium Co (SHSE:600497) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Yunnan Chihong Zinc & Germanium Co Ltd (SHSE:600497) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

Xuefu Road, Qujing Economic and Technological Development Zone, Yunnan Province, Qujing, CHN, 655011

Website

http://www.chxz.com

Yunnan Chihong Zinc & Germanium Co Ltd is a China-based company engaged in the beneficiation and smelting of non-ferrous metals. The company's main products include zinc products, lead products, sulfuric acid, silver ingots, sulfur concentrates, gold, lead concentrates, zinc concentrates, coal, electrolytic copper products, germanium concentrates, copper concentrates and electrolytic nickel products.

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