BAIC Motor (BAIC Motor) Cash-to-Debt : 2.34 (As of Dec. 2023)

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What is BAIC Motor 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. BAIC Motor's cash to debt ratio for the quarter that ended in Dec. 2023 was 2.34.

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, BAIC Motor could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

BMCLF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.73 Med: 1.65 Max: 2.34
Current: 2.34

During the past 13 years, BAIC Motor's highest Cash to Debt Ratio was 2.34. The lowest was 0.73. And the median was 1.65.

BMCLF's Cash-to-Debt is ranked better than
74.52% of 1295 companies
in the Vehicles & Parts industry
Industry Median: 0.56 vs BMCLF: 2.34

BAIC Motor Cash-to-Debt Historical Data

The historical data trend for BAIC Motor'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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BAIC Motor Cash-to-Debt Chart

BAIC Motor Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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2.07

2.34

1.82

2.34

BAIC Motor Quarterly Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															N/A	1.82	2.03	2.67	2.34

Competitive Comparison of BAIC Motor's Cash-to-Debt

For the Auto Manufacturers subindustry, BAIC Motor'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.

BAIC Motor's Cash-to-Debt Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, BAIC Motor's Cash-to-Debt distribution charts can be found below:

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

BAIC Motor 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.

BAIC Motor'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)
	=	4401.029	/	(958.515	+	924.453)
	=	2.34

BAIC Motor'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)
	=	4401.029	/	(958.515	+	924.453)
	=	2.34

BAIC Motor (OTCPK:BMCLF) 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.

BAIC Motor Cash-to-Debt Related Terms

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BAIC Motor (BAIC Motor) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » BAIC Motor Corp Ltd (OTCPK:BMCLF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

BCCMY:USA 01958:Hong Kong 2B5:Germany

Address

No. 99 Shuanghe Street, A5-061, Unit 101, 5th Floor, Building No 1, Courtyard, Shunyi District, Beijing, CHN, 101300

Website

http://www.baicmotor.com

BAIC Motor Corp Ltd is a provincial state-owned enterprise that manufactures passenger vehicles (PV) and automotive components. The majority of BAIC's revenue and operating profits come from joint ventures with Mercedes Benz and Hyundai. The firm also manufactures and sells its own vehicles under the Beijing Brand.

BAIC Motor (BAIC Motor) Headlines

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