ZKGC New Energy (ZKGC New Energy) Cash-to-Debt : No Debt ⁽¹⁾ (As of May. 2023)

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What is ZKGC New Energy 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. ZKGC New Energy's cash to debt ratio for the quarter that ended in May. 2023 was No Debt ⁽¹⁾.

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, ZKGC New Energy could pay off its debt using the cash in hand for the quarter that ended in May. 2023.

(1) 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.

The historical rank and industry rank for ZKGC New Energy's Cash-to-Debt or its related term are showing as below:

ZKGCF' s Cash-to-Debt Range Over the Past 10 Years
Min: No Debt Med: No Debt Max: No Debt
Current: No Debt

During the past 3 years, ZKGC New Energy's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

ZKGCF's Cash-to-Debt is ranked better than
99.91% of 1107 companies
in the Retail - Cyclical industry
Industry Median: 0.46 vs ZKGCF: No Debt

ZKGC New Energy Cash-to-Debt Historical Data

The historical data trend for ZKGC New Energy'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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ZKGC New Energy Cash-to-Debt Chart

ZKGC New Energy Annual Data

Trend

May21

May22

May23

Cash-to-Debt

No Debt

ZKGC New Energy Semi-Annual Data
	May21	May22	May23
Cash-to-Debt	No Debt	No Debt	No Debt

Competitive Comparison of ZKGC New Energy's Cash-to-Debt

For the Specialty Retail subindustry, ZKGC New Energy'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.

ZKGC New Energy's Cash-to-Debt Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, ZKGC New Energy's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where ZKGC New Energy's Cash-to-Debt falls into.

ZKGC New Energy 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.

ZKGC New Energy's Cash to Debt Ratio for the fiscal year that ended in May. 2023 is calculated as:

ZKGC New Energy had no debt ⁽¹⁾.

ZKGC New Energy's Cash to Debt Ratio for the quarter that ended in May. 2023 is calculated as:

ZKGC New Energy had no debt ⁽¹⁾.

ZKGC New Energy (OTCPK:ZKGCF) 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.

ZKGC New Energy Cash-to-Debt Related Terms

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

ZKGC New Energy (ZKGC New Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » ZKGC New Energy Ltd (OTCPK:ZKGCF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

12 Xinxiangdi Jiari, Chengmai County, Hainan Province, Laocheng Town, Laocheng, CHN, 571924

Website

ZKGC New Energy Ltd is a builder, owner, operator, and manager of electric vehicle (EV) charging stations and a provider of EV charging equipment and networked EV charging services. The company offers residential and commercial EV charging equipment, enabling EV drivers to recharge at various location types. Its line of products and services is its Charging Cloud SAAS Platform, EV charging equipment, and EV charging services. The SAAS network provides property owners, managers, parking companies, and state and municipal entities with cloud-based services that enable the remote monitoring and management of EV charging stations. The SAAS network also provides EV drivers with vital station information, including station location, availability and fee payment.

Executives

Zhuowei Zhong	10 percent owner	5 JUMEI BIG STREET, XIAOLAN TOWN, ZHONGSHAN CITY, GUANGDONG PROVINCE F4 528415
Zhifei Huang	director, officer: Chief Financial Officer	3 FIVE ALLEY, DITANGKOU, PINGWANGGANGXIE, DATANG TOWN, SANSHUI DISTRICT, FOSHAN, GUANGDONG PROVINCE F4 528143
Zhuowen Chen	director, officer: Chief Executive Officer	401 BUILDING 23, JIANGPAN NEW RESIDENTIAL QUARTERS, ZHONGSHAN CITY, GUANGDONG PROV F4 528401
Zonghan Wu	director, officer: Secretary	46 REEVES ROAD, PAKURANGA, AUCKLAND Q2 2140
Jinqi Liao	10 percent owner	12 XINXIANGDI JIARI, LAOCHENG TOWN, CHENGMAI COUNTY, HAINAN PROVINCE F4 571924

ZKGC New Energy (ZKGC New Energy) Headlines

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ZKGC New Energy (ZKGC New Energy) Cash-to-Debt : No Debt (1) (As of May. 2023)