CDT Environmental Technology Investment Holdings (CDT Environmental Technology Investment Holdings) Cash-to-Debt : 0.03 (As of Dec. 2023)

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What is CDT Environmental Technology Investment Holdings 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. CDT Environmental Technology Investment Holdings's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.03.

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, CDT Environmental Technology Investment Holdings 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 CDT Environmental Technology Investment Holdings's Cash-to-Debt or its related term are showing as below:

CDTG' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.03 Med: 0.31 Max: 0.55
Current: 0.03

During the past 6 years, CDT Environmental Technology Investment Holdings's highest Cash to Debt Ratio was 0.55. The lowest was 0.03. And the median was 0.31.

CDTG's Cash-to-Debt is ranked worse than
90.87% of 241 companies
in the Waste Management industry
Industry Median: 0.34 vs CDTG: 0.03

CDT Environmental Technology Investment Holdings Cash-to-Debt Historical Data

The historical data trend for CDT Environmental Technology Investment Holdings'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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CDT Environmental Technology Investment Holdings Cash-to-Debt Chart

CDT Environmental Technology Investment Holdings Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.55

0.13

0.54

0.03

CDT Environmental Technology Investment Holdings Quarterly Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial						0.54	0.13	0.03	0.07	0.03

Competitive Comparison of CDT Environmental Technology Investment Holdings's Cash-to-Debt

For the Waste Management subindustry, CDT Environmental Technology Investment Holdings'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.

CDT Environmental Technology Investment Holdings's Cash-to-Debt Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, CDT Environmental Technology Investment Holdings's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where CDT Environmental Technology Investment Holdings's Cash-to-Debt falls into.

CDT Environmental Technology Investment Holdings 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.

CDT Environmental Technology Investment Holdings'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)
	=	0.268	/	(8.545	+	0.185)
	=	0.03

CDT Environmental Technology Investment Holdings'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)
	=	0.268	/	(8.545	+	0.185)
	=	0.03

CDT Environmental Technology Investment Holdings (NAS:CDTG) 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.

CDT Environmental Technology Investment Holdings Cash-to-Debt Related Terms

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CDT Environmental Technology Investment Holdings (CDT Environmental Technology Investment Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » CDT Environmental Technology Investment Holdings Ltd (NAS:CDTG) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 8 Kefa Road, C1, 4th Floor, Building 1, Financial Base, Nanshan District, Shenzhen, CHN, 518057

Website

http://www.cdthb.cn

CDT Environmental Technology Investment Holdings Ltd is a waste treatment company. The company generates revenue through the design, development, manufacture, sales, installation, operation and maintenance of sewage treatment systems and by providing sewage treatment services. It engages in two business lines namely, rural sewage treatment and septic tank treatment in both urban and rural areas.

CDT Environmental Technology Investment Holdings (CDT Environmental Technology Investment Holdings) Headlines

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