Foshan Yowant Technology Co (SZSE:002291) Cash-to-Debt : 0.84 (As of Sep. 2023)

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What is Foshan Yowant 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. Foshan Yowant Technology Co's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.84.

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, Foshan Yowant Technology Co couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

The historical rank and industry rank for Foshan Yowant Technology Co's Cash-to-Debt or its related term are showing as below:

SZSE:002291' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.21 Med: 0.8 Max: 3.05
Current: 0.84

During the past 13 years, Foshan Yowant Technology Co's highest Cash to Debt Ratio was 3.05. The lowest was 0.21. And the median was 0.80.

SZSE:002291's Cash-to-Debt is ranked worse than
55.88% of 1038 companies
in the Media - Diversified industry
Industry Median: 1.255 vs SZSE:002291: 0.84

Foshan Yowant Technology Co Cash-to-Debt Historical Data

The historical data trend for Foshan Yowant 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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Foshan Yowant Technology Co Cash-to-Debt Chart

Foshan Yowant Technology Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

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0.34

0.30

0.24

3.05

1.35

Foshan Yowant Technology Co Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial															1.56	1.35	0.99	1.07	0.84

Competitive Comparison of Foshan Yowant Technology Co's Cash-to-Debt

For the Advertising Agencies subindustry, Foshan Yowant 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.

Foshan Yowant Technology Co's Cash-to-Debt Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Foshan Yowant Technology Co's Cash-to-Debt falls into.

Foshan Yowant 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.

Foshan Yowant Technology Co's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 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)
	=	1149.333	/	(789.099	+	64.373)
	=	1.35

Foshan Yowant Technology Co's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	739.942	/	(845.613	+	38.163)
	=	0.84

Foshan Yowant Technology Co (SZSE:002291) 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.

Foshan Yowant Technology Co Cash-to-Debt Related Terms

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Foshan Yowant Technology Co (SZSE:002291) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Foshan Yowant Technology Co Ltd (SZSE:002291) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Qing'an Road, Guicheng Street, Room A101-A105, Building A, No. 2, Nanhai District, Guangdong Province, Foshan, CHN, 528200

Website

http://www.st-sat.com

Foshan Yowant Technology Co Ltd formerly Saturday Co Ltd is engaged in the production and sales of fashion leather shoes, and wholesale and retail diversified products. The brands of the company include ST&SAT, FONDBERYL, SAFIYA, and SATURDAY MODE.

Foshan Yowant Technology Co (SZSE:002291) Headlines

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