Shanghai Rural Commercial Bank Co (SHSE:601825) Cash-to-Debt : 0.96 (As of Mar. 2024)

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What is Shanghai Rural Commercial Bank 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 Rural Commercial Bank Co's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.96.

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 Rural Commercial Bank 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 Shanghai Rural Commercial Bank Co's Cash-to-Debt or its related term are showing as below:

SHSE:601825' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.67 Med: 1.39 Max: 8.82
Current: 0.96

During the past 13 years, Shanghai Rural Commercial Bank Co's highest Cash to Debt Ratio was 8.82. The lowest was 0.67. And the median was 1.39.

SHSE:601825's Cash-to-Debt is ranked worse than
59.01% of 1420 companies
in the Banks industry
Industry Median: 1.295 vs SHSE:601825: 0.96

Shanghai Rural Commercial Bank Co Cash-to-Debt Historical Data

The historical data trend for Shanghai Rural Commercial Bank 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 Rural Commercial Bank Co Cash-to-Debt Chart

Shanghai Rural Commercial Bank Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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1.67

1.13

1.26

1.32

1.02

Shanghai Rural Commercial Bank 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															1.08	1.00	0.91	1.02	0.96

Competitive Comparison of Shanghai Rural Commercial Bank Co's Cash-to-Debt

For the Banks - Regional subindustry, Shanghai Rural Commercial Bank 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 Rural Commercial Bank Co's Cash-to-Debt Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Shanghai Rural Commercial Bank Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Shanghai Rural Commercial Bank Co's Cash-to-Debt falls into.

Shanghai Rural Commercial Bank Co Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents 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 Rural Commercial Bank Co's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	140858.083	/	(0	+	137676.879)
	=	1.02

Shanghai Rural Commercial Bank Co's Cash to Debt Ratio for the quarter that ended in Mar. 2024 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	152573.059	/	(0	+	158635.855)
	=	0.96

Shanghai Rural Commercial Bank Co (SHSE:601825) 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 Rural Commercial Bank Co Cash-to-Debt Related Terms

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Shanghai Rural Commercial Bank Co (SHSE:601825) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Shanghai Rural Commercial Bank Co Ltd (SHSE:601825) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

No. 70, Zhongshan East Second Road, Huangpu District, Shanghai, CHN, 200002

Website

http://www.srcb.com

Shanghai Rural Commercial Bank Co Ltd is engaged in the corporate banking, personal banking and financial market business.

Executives

Ying Zhang Ming	senior management
Jin Jian Hua	senior management
Yu Min Hua	senior management
Shen Dong	senior management
Gu Jian Zhong	Director
Chen Ying	Director
Li Jian Guo	Supervisors
Gu Xian Bin	senior management
Xu Jing Fen	Supervisors
Guo Ru Fei	Supervisors
Xu Li	Director
Zhang Hong Biao	senior management

Shanghai Rural Commercial Bank Co (SHSE:601825) Headlines

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