Easy Click Worldwide Network Technology Co (SZSE:301171) Cash-to-Debt : 3.45 (As of Mar. 2024)

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What is Easy Click Worldwide Network Technology 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. Easy Click Worldwide Network Technology Co's cash to debt ratio for the quarter that ended in Mar. 2024 was 3.45.

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, Easy Click Worldwide Network Technology 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 Easy Click Worldwide Network Technology Co's Cash-to-Debt or its related term are showing as below:

SZSE:301171' s Cash-to-Debt Range Over the Past 10 Years
Min: 2.21 Med: 11.64 Max: No Debt
Current: 3.45

During the past 13 years, Easy Click Worldwide Network Technology Co's highest Cash to Debt Ratio was No Debt. The lowest was 2.21. And the median was 11.64.

SZSE:301171's Cash-to-Debt is ranked better than
63.65% of 1037 companies
in the Media - Diversified industry
Industry Median: 1.28 vs SZSE:301171: 3.45

Easy Click Worldwide Network Technology Co Cash-to-Debt Historical Data

The historical data trend for Easy Click Worldwide Network Technology 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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Easy Click Worldwide Network Technology Co Cash-to-Debt Chart

Easy Click Worldwide Network Technology Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

10.05

4.50

12.35

11.15

Easy Click Worldwide Network Technology Co Quarterly Data
	Dec17	Dec18	Sep19	Dec19	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															11.60	16.36	15.23	11.15	3.45

Competitive Comparison of Easy Click Worldwide Network Technology Co's Cash-to-Debt

For the Advertising Agencies subindustry, Easy Click Worldwide Network Technology 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.

Easy Click Worldwide Network Technology Co's Cash-to-Debt Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Easy Click Worldwide Network Technology Co's Cash-to-Debt falls into.

Easy Click Worldwide Network Technology 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.

Easy Click Worldwide Network Technology 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)
	=	2247.034	/	(113.088	+	88.525)
	=	11.15

Easy Click Worldwide Network Technology 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)
	=	2896.08	/	(763.305	+	76.012)
	=	3.45

Easy Click Worldwide Network Technology Co (SZSE:301171) 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.

Easy Click Worldwide Network Technology Co Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Easy Click Worldwide Network Technology Co's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Easy Click Worldwide Network Technology Co (SZSE:301171) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Easy Click Worldwide Network Technology Co Ltd (SZSE:301171) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 156, Tiangu Eighth Road, Room 903, Building C3, Phase II, Software New Town R&D Base, High-tech Zone, Shaanxi Province, Xi'an City, CHN, 710077

Website

https://en.yeahmobi.com

Easy Click Worldwide Network Technology Co Ltd is committed as a global intelligent data-driven marketing service profession to provide results-driven services included performance marketing, brand building and industrial solutions integrating. The company's clients is involved in wide range industries of E-commerce, tool applications, information dissemination, games and other pan-entertainment applications.

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