Zepp Health (Zepp Health) Cash-to-Debt : 0.71 (As of Dec. 2023)

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What is Zepp Health 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. Zepp Health's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.71.

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, Zepp Health couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

ZEPP' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.53 Med: 10.79 Max: No Debt
Current: 0.71

During the past 9 years, Zepp Health's highest Cash to Debt Ratio was No Debt. The lowest was 0.53. And the median was 10.79.

ZEPP's Cash-to-Debt is ranked worse than
65.4% of 2471 companies
in the Hardware industry
Industry Median: 1.38 vs ZEPP: 0.71

Zepp Health Cash-to-Debt Historical Data

The historical data trend for Zepp Health'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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Zepp Health Cash-to-Debt Chart

Zepp Health Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

16.35

3.15

1.14

0.53

0.71

Zepp Health Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.53	0.62	0.66	0.66	0.71

Competitive Comparison of Zepp Health's Cash-to-Debt

For the Consumer Electronics subindustry, Zepp Health'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.

Zepp Health's Cash-to-Debt Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Zepp Health's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Zepp Health's Cash-to-Debt falls into.

Zepp Health 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.

Zepp Health'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)
	=	138.038	/	(72.145	+	122.522)
	=	0.71

Zepp Health's Cash to Debt Ratio for the quarter 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)
	=	138.038	/	(72.145	+	122.522)
	=	0.71

Zepp Health (NYSE:ZEPP) 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.

Zepp Health Cash-to-Debt Related Terms

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Zepp Health (Zepp Health) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Zepp Health Corp (NYSE:ZEPP) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

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Address

No. 900 Wangjiang West Road, Building B2, Zhong’an Chuanggu Technology Park, Hefei, CHN, 230088

Website

https://www.zepp.com

Zepp Health Corp is engaged in the business of manufacturing smart health wearable products. The company operates in two segments: Xiaomi Wearable Products and Self-branded products & others. The product portfolio includes smartwatches and fitness bands. The majority is from Self-branded products & other segments.