Cenntro (Cenntro) Cash-to-Debt : 0.82 (As of Mar. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Cenntro 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. Cenntro's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.82.

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, Cenntro couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

CENN' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.06 Med: 1.41 Max: 65.2
Current: 0.82

During the past 5 years, Cenntro's highest Cash to Debt Ratio was 65.20. The lowest was 0.06. And the median was 1.41.

CENN's Cash-to-Debt is ranked better than
56.69% of 1240 companies
in the Vehicles & Parts industry
Industry Median: 0.58 vs CENN: 0.82

Cenntro Cash-to-Debt Historical Data

The historical data trend for Cenntro'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.

* Premium members only.

Cenntro Cash-to-Debt Chart

Cenntro Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

0.06

0.64

65.20

2.33

1.08

Cenntro Quarterly Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial									2.84	1.88	1.41	1.08	0.82

Competitive Comparison of Cenntro's Cash-to-Debt

For the Auto Manufacturers subindustry, Cenntro'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.

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

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

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

Cenntro 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.

Cenntro'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)
	=	33.604	/	(14.804	+	16.34)
	=	1.08

Cenntro's Cash to Debt Ratio for the quarter that ended in Mar. 2024 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)
	=	24.436	/	(14.429	+	15.307)
	=	0.82

Cenntro (NAS:CENN) 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.

Cenntro Cash-to-Debt Related Terms

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

Cenntro (Cenntro) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Cenntro Inc (NAS:CENN) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

0SQ:Germany 0SQA:Germany

Address

501 Okerson Road, Freehold, NJ, USA, 07728

Website

https://www.cenntroauto.com

Cenntro Electric Group Ltd is a commercial electric vehicle technology company with advanced, market-validated electric commercial vehicles. It plans to lead transformation in the auto industry through scalable, decentralized production and fully digitalized autonomous driving solutions. Its vehicles include Metro, Logistar 400, Logistar 200, Neibor 200, and ORV. The company's geographical segments include Europe, America, Asia, and Oceania.

Executives

Edmond Cheng	officer: Chief Financial Officer	C/O UTSTARCOM, INC., 1275 HARBOR BAY PARKWAY, ALAMEDA CA 94502
Peter Wang	director, 10 percent owner, officer: CEO and Executive Director
Ming He	officer: Treasurer	NO. 106 ZHONGHUAN SOUTH ROAD, AIRPORT INDUSTRIAL PARK, TIANJIN F4 300308
Christopher Thorne	director	501 OKERSON ROAD, FREEHOLD NJ 07728
Mathew Zauner	officer: Corporate Secretary	501 OKERSON ROAD, FREEHOLD NJ 07728
Jiawei Tong	director	501 OKERSON ROAD, FREEHOLD NJ 07728
Tony Wen Tsai	officer: Corporate Secretary	501 OKERSON ROAD, FREEHOLD NJ 07728
Marianne Mcinerney	officer: Chief Marketing Officer	501 OKERSON ROAD, FREEHOLD NJ 07728
Yi Zeng	director	501 OKERSON ROAD, FREEHOLD NJ 07728
Wei Zhong	officer: Chief Technology Officer	501 OKERSON ROAD, FREEHOLD NJ 07728
Benjamin B Ge	director	501 OKERSON ROAD, FREEHOLD NJ 07728