Beijing Kingsoft Office Software (SHSE:688111) Cash-to-Debt : 50.29 (As of Mar. 2024)

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What is Beijing Kingsoft Office Software 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 Kingsoft Office Software's cash to debt ratio for the quarter that ended in Mar. 2024 was 50.29.

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 Kingsoft Office Software 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 Kingsoft Office Software's Cash-to-Debt or its related term are showing as below:

SHSE:688111' s Cash-to-Debt Range Over the Past 10 Years
Min: 47.07 Med: 5051.41 Max: No Debt
Current: 50.29

During the past 10 years, Beijing Kingsoft Office Software's highest Cash to Debt Ratio was No Debt. The lowest was 47.07. And the median was 5051.41.

SHSE:688111's Cash-to-Debt is ranked better than
82.27% of 2798 companies
in the Software industry
Industry Median: 2.42 vs SHSE:688111: 50.29

Beijing Kingsoft Office Software Cash-to-Debt Historical Data

The historical data trend for Beijing Kingsoft Office Software'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 Kingsoft Office Software Cash-to-Debt Chart

Beijing Kingsoft Office Software Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

71.57

60.68

77.15

Beijing Kingsoft Office Software 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															73.63	64.53	58.81	77.15	50.29

Competitive Comparison of Beijing Kingsoft Office Software's Cash-to-Debt

For the Software - Application subindustry, Beijing Kingsoft Office Software'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 Kingsoft Office Software's Cash-to-Debt Distribution in the Software Industry

For the Software industry and Technology sector, Beijing Kingsoft Office Software's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Beijing Kingsoft Office Software's Cash-to-Debt falls into.

Beijing Kingsoft Office Software 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 Kingsoft Office Software'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)
	=	6048.921	/	(36.735	+	41.671)
	=	77.15

Beijing Kingsoft Office Software'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)
	=	3861.771	/	(35.538	+	41.26)
	=	50.28

Beijing Kingsoft Office Software (SHSE:688111) 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 Kingsoft Office Software Cash-to-Debt Related Terms

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Beijing Kingsoft Office Software (SHSE:688111) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Beijing Kingsoft Office Software Inc (SHSE:688111) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.33 Xiaoying West Road, Jinshan Software Building, Haidian District, Beijing, CHN, 100085

Website

http://www.kingsoft.com

Beijing Kingsoft Office Software Inc is engaged in designing, development and sale of WPS Office software products and services. Its product portfolio includes WPS Office Pro 2016, WPS mobile office platform, WPS Office Personal Edition, WPS Office Mobile, and Kingsoft Power Enterprise Edition.

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