Simei Media Co (SZSE:002712) Cash-to-Debt : 0.35 (As of Mar. 2024)

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What is Simei Media 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. Simei Media Co's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.35.

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, Simei Media 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 Simei Media Co's Cash-to-Debt or its related term are showing as below:

SZSE:002712' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.35 Med: 1.98 Max: No Debt
Current: 0.35

During the past 13 years, Simei Media Co's highest Cash to Debt Ratio was No Debt. The lowest was 0.35. And the median was 1.98.

SZSE:002712's Cash-to-Debt is ranked worse than
70.61% of 1031 companies
in the Media - Diversified industry
Industry Median: 1.27 vs SZSE:002712: 0.35

Simei Media Co Cash-to-Debt Historical Data

The historical data trend for Simei Media 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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Simei Media Co Cash-to-Debt Chart

Simei Media Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

3.12

1.91

1.94

1.28

0.57

Simei Media 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															0.91	0.64	0.49	0.57	0.35

Competitive Comparison of Simei Media Co's Cash-to-Debt

For the Advertising Agencies subindustry, Simei Media 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.

Simei Media Co's Cash-to-Debt Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Simei Media Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Simei Media Co's Cash-to-Debt falls into.

Simei Media 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.

Simei Media 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)
	=	329.415	/	(524.666	+	50.023)
	=	0.57

Simei Media 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)
	=	198.547	/	(527.586	+	41.271)
	=	0.35

Simei Media Co (SZSE:002712) 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.

Simei Media Co Cash-to-Debt Related Terms

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Simei Media Co (SZSE:002712) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Simei Media Co Ltd (SZSE:002712) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lane 288, Tongxie Road, Block 8, CIFI Hongqiao International, Changning District, Shanghai, CHN

Website

http://www.simei.cc

Simei Media Co Ltd is a China based media company. It is engaged in media planning and agency services, and brand management services, outdoor advertising, digital marketing, content marketing and strategy research. The business divisions of the company are Simei Pictures, Simei Advertisement, Simei Technology, Simei Sports, Simei Innovation, and others. Through its subsidiaries, the company is also engaged in the field of digital media, online literature, tv production, content marketing and on-ground-events.

Executives

Yu Jun	Executives
Wang Xiu Juan	Supervisors
Chen Jing Bo	Executives
Pan Hai Qiang	Directors, Directors, and Executives
Zhou Dong	Securities Affairs Representative
Xu Xing Rong	Director
Zhang Guo Yun	Directors, executives
Huang Hao Ting	Directors, executives
Lv Shuang Yuan	Directors, executives

Simei Media Co (SZSE:002712) Headlines

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