Guotai Epoint Sofware Co (SHSE:688232) Cash-to-Debt : 278.62 (As of Mar. 2024)

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What is Guotai Epoint Sofware 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. Guotai Epoint Sofware Co's cash to debt ratio for the quarter that ended in Mar. 2024 was 278.62.

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, Guotai Epoint Sofware 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 Guotai Epoint Sofware Co's Cash-to-Debt or its related term are showing as below:

SHSE:688232' s Cash-to-Debt Range Over the Past 10 Years
Min: 3.14 Med: 590.43 Max: No Debt
Current: 278.62

During the past 7 years, Guotai Epoint Sofware Co's highest Cash to Debt Ratio was No Debt. The lowest was 3.14. And the median was 590.43.

SHSE:688232's Cash-to-Debt is ranked better than
87.88% of 2723 companies
in the Software industry
Industry Median: 2.49 vs SHSE:688232: 278.62

Guotai Epoint Sofware Co Cash-to-Debt Historical Data

The historical data trend for Guotai Epoint Sofware 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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Guotai Epoint Sofware Co Cash-to-Debt Chart

Guotai Epoint Sofware Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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No Debt

63.48

902.24

226.34

266.53

Guotai Epoint Sofware Co Quarterly Data
	Dec17	Dec18	Dec19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial														224.98	207.90	255.32	266.53	278.62

Competitive Comparison of Guotai Epoint Sofware Co's Cash-to-Debt

For the Software - Application subindustry, Guotai Epoint Sofware 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.

Guotai Epoint Sofware Co's Cash-to-Debt Distribution in the Software Industry

For the Software industry and Technology sector, Guotai Epoint Sofware Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Guotai Epoint Sofware Co's Cash-to-Debt falls into.

Guotai Epoint Sofware 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.

Guotai Epoint Sofware 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)
	=	3475.563	/	(7.778	+	5.262)
	=	266.53

Guotai Epoint Sofware 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)
	=	3084.044	/	(7.516	+	3.553)
	=	278.62

Guotai Epoint Sofware Co (SHSE:688232) 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.

Guotai Epoint Sofware Co Cash-to-Debt Related Terms

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Guotai Epoint Sofware Co (SHSE:688232) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Guotai Epoint Sofware Co Ltd (SHSE:688232) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

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Address

Changxing Road, Zhangjiagang Economic Development Zone, Jiangsu Province, Zhangjiagang, Suzhou, CHN, 215600

Website

https://www.epoint.com

Guotai Epoint Sofware Co Ltd provides software-centric smart overall solutions for the three sub-fields of smart recruitment, smart government and digital construction in smart cities.

Executives

Jiang Xiao Feng

Supervisors

Guotai Epoint Sofware Co (SHSE:688232) Headlines

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