Beijing Sifang Automation Co (SHSE:601126) Cash-to-Debt : 392.63 (As of Mar. 2024)

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What is Beijing Sifang Automation 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. Beijing Sifang Automation Co's cash to debt ratio for the quarter that ended in Mar. 2024 was 392.63.

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, Beijing Sifang Automation Co could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

The historical rank and industry rank for Beijing Sifang Automation Co's Cash-to-Debt or its related term are showing as below:

SHSE:601126' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.38 Med: 76.48 Max: No Debt
Current: 392.63

During the past 13 years, Beijing Sifang Automation Co's highest Cash to Debt Ratio was No Debt. The lowest was 0.38. And the median was 76.48.

SHSE:601126's Cash-to-Debt is ranked better than
93.12% of 2994 companies
in the Industrial Products industry
Industry Median: 1.23 vs SHSE:601126: 392.63

Beijing Sifang Automation Co Cash-to-Debt Historical Data

The historical data trend for Beijing Sifang Automation 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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Beijing Sifang Automation Co Cash-to-Debt Chart

Beijing Sifang Automation Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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No Debt

94.74

113.47

190.72

386.28

Beijing Sifang Automation 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															180.22	168.07	194.32	386.28	392.63

Competitive Comparison of Beijing Sifang Automation Co's Cash-to-Debt

For the Electrical Equipment & Parts subindustry, Beijing Sifang Automation 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.

Beijing Sifang Automation Co's Cash-to-Debt Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Beijing Sifang Automation Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Beijing Sifang Automation Co's Cash-to-Debt falls into.

Beijing Sifang Automation 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.

Beijing Sifang Automation 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)
	=	3120.393	/	(8.078	+	0)
	=	386.28

Beijing Sifang Automation 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)
	=	3208.54	/	(8.172	+	0)
	=	392.63

Beijing Sifang Automation Co (SHSE:601126) 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.

Beijing Sifang Automation Co Cash-to-Debt Related Terms

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Beijing Sifang Automation Co (SHSE:601126) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Beijing Sifang Automation Co Ltd (SHSE:601126) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

Number 9, Fourth Street, Shangdi Information Industry Base, Haidian District, Beijing, CHN, 100085

Website

http://www.sifang-electric.com

Beijing Sifang Automation Co Ltd supplies products, solutions, and services in the fields of protection, monitoring, control, and automation of electric power systems in China and internationally. It provides generation systems, including IEDs for power plant automation, protection IEDs, automation systems for power plants, torsional stress protection and control systems, simulation and training systems, and generator excitation automation systems; and transmission systems, such as substation and digital substation automation solutions among other solutions.

Executives

Gao Shu Qing	senior management
Zhang Xian Zhong	senior management
Zhang Wei Feng	Director
Zhu Chao Hui	senior management
Wang Xu Zhao	Director
Jia Jian	Director
Gao Xiu Huan	Director
Peng Ya Qin	Supervisors
Xi Shu Yang	senior management
Zhang Tao	Director
Zhang You	senior management
Zhang Zhong Li	senior management

Beijing Sifang Automation Co (SHSE:601126) Headlines

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