Lijiang Yulong Tourism Co (SZSE:002033) Cash-to-Debt : 84.40 (As of Mar. 2024)

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What is Lijiang Yulong Tourism 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. Lijiang Yulong Tourism Co's cash to debt ratio for the quarter that ended in Mar. 2024 was 84.40.

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, Lijiang Yulong Tourism 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 Lijiang Yulong Tourism Co's Cash-to-Debt or its related term are showing as below:

SZSE:002033' s Cash-to-Debt Range Over the Past 10 Years
Min: 2.08 Med: 84.67 Max: No Debt
Current: 84.4

During the past 13 years, Lijiang Yulong Tourism Co's highest Cash to Debt Ratio was No Debt. The lowest was 2.08. And the median was 84.67.

SZSE:002033's Cash-to-Debt is ranked better than
91.25% of 823 companies
in the Travel & Leisure industry
Industry Median: 0.6 vs SZSE:002033: 84.40

Lijiang Yulong Tourism Co Cash-to-Debt Historical Data

The historical data trend for Lijiang Yulong Tourism 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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Lijiang Yulong Tourism Co Cash-to-Debt Chart

Lijiang Yulong Tourism Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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No Debt

161.08

124.39

79.85

82.81

Lijiang Yulong Tourism 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															84.95	94.34	94.20	82.81	84.40

Competitive Comparison of Lijiang Yulong Tourism Co's Cash-to-Debt

For the Lodging subindustry, Lijiang Yulong Tourism 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.

Lijiang Yulong Tourism Co's Cash-to-Debt Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Lijiang Yulong Tourism Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Lijiang Yulong Tourism Co's Cash-to-Debt falls into.

Lijiang Yulong Tourism 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.

Lijiang Yulong Tourism 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)
	=	753.385	/	(1.103	+	7.995)
	=	82.81

Lijiang Yulong Tourism 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)
	=	810.947	/	(1.103	+	8.506)
	=	84.39

Lijiang Yulong Tourism Co (SZSE:002033) 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.

Lijiang Yulong Tourism Co Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Lijiang Yulong Tourism Co's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Lijiang Yulong Tourism Co (SZSE:002033) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Lijiang Yulong Tourism Co Ltd (SZSE:002033) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 760, Xianggeli Avenue, Lijiang Yulong Tourism Building, Gucheng District, Yunnan Province, Lijiang, CHN, 674100

Website

http://www.yulongtour.com

Lijiang Yulong Tourism Co Ltd is a comprehensive tourism group enterprise. It generally covers ropeway services, eco-car transportation, tourism souvenir development, hotel services, cultural performances, catering services, travel agencies and research and development of biological resources. Further, it is also involved in providing cableway services and other ancillary services. Geographically, the activities are carried out through the region of China.

Lijiang Yulong Tourism Co (SZSE:002033) Headlines

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