Beijing New Building Materialsl (SZSE:000786) Cash-to-Debt : 1.03 (As of Mar. 2024)

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What is Beijing New Building Materialsl 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 New Building Materialsl's cash to debt ratio for the quarter that ended in Mar. 2024 was 1.03.

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 New Building Materialsl 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 New Building Materialsl's Cash-to-Debt or its related term are showing as below:

SZSE:000786' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.37 Med: 0.91 Max: 2.22
Current: 1.03

During the past 13 years, Beijing New Building Materialsl's highest Cash to Debt Ratio was 2.22. The lowest was 0.37. And the median was 0.91.

SZSE:000786's Cash-to-Debt is ranked better than
59.9% of 1671 companies
in the Construction industry
Industry Median: 0.62 vs SZSE:000786: 1.03

Beijing New Building Materialsl Cash-to-Debt Historical Data

The historical data trend for Beijing New Building Materialsl'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 New Building Materialsl Cash-to-Debt Chart

Beijing New Building Materialsl Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.90

1.28

0.92

2.22

2.07

Beijing New Building Materialsl 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															1.37	1.18	1.32	2.07	1.03

Competitive Comparison of Beijing New Building Materialsl's Cash-to-Debt

For the Building Products & Equipment subindustry, Beijing New Building Materialsl'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 New Building Materialsl's Cash-to-Debt Distribution in the Construction Industry

For the Construction industry and Industrials sector, Beijing New Building Materialsl's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Beijing New Building Materialsl's Cash-to-Debt falls into.

Beijing New Building Materialsl 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 New Building Materialsl'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)
	=	6078.526	/	(1911.575	+	1027.288)
	=	2.07

Beijing New Building Materialsl'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)
	=	3105.731	/	(2433.207	+	593.893)
	=	1.03

Beijing New Building Materialsl (SZSE:000786) 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 New Building Materialsl Cash-to-Debt Related Terms

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Beijing New Building Materialsl (SZSE:000786) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Beijing New Building Materialsl PLC (SZSE:000786) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Building 4, Interwest Business Center, No.9, South Road Shouti, Haidian District, Beijing, CHN, 100048

Website

http://www.bnbmg.com.cn

Beijing New Building Material PLC manufactures and markets building materials, cement, composite materials, building material investments, lumber, logistics, trade, and engineering services in China. Additionally, the company is in the business of integrating construction materials industry investment, new-type housing, wood business and global trade services.

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