Yunnan Energy International Co (HKSE:01298) Cash-to-Debt : 1.32 (As of Dec. 2023)

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What is Yunnan Energy International 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. Yunnan Energy International Co's cash to debt ratio for the quarter that ended in Dec. 2023 was 1.32.

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, Yunnan Energy International Co 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 Yunnan Energy International Co's Cash-to-Debt or its related term are showing as below:

HKSE:01298' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.36 Med: 0.78 Max: 2.96
Current: 1.32

During the past 13 years, Yunnan Energy International Co's highest Cash to Debt Ratio was 2.96. The lowest was 0.36. And the median was 0.78.

HKSE:01298's Cash-to-Debt is ranked worse than
50.06% of 2337 companies
in the Hardware industry
Industry Median: 1.34 vs HKSE:01298: 1.32

Yunnan Energy International Co Cash-to-Debt Historical Data

The historical data trend for Yunnan Energy International 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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Yunnan Energy International Co Cash-to-Debt Chart

Yunnan Energy International Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

1.05

2.96

0.51

1.47

1.32

Yunnan Energy International Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.51	0.69	1.47	0.29	1.32

Competitive Comparison of Yunnan Energy International Co's Cash-to-Debt

For the Scientific & Technical Instruments subindustry, Yunnan Energy International 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.

Yunnan Energy International Co's Cash-to-Debt Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Yunnan Energy International Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Yunnan Energy International Co's Cash-to-Debt falls into.

Yunnan Energy International 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.

Yunnan Energy International Co'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)
	=	120.618	/	(91.446	+	0)
	=	1.32

Yunnan Energy International Co'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)
	=	120.618	/	(91.446	+	0)
	=	1.32

Yunnan Energy International Co (HKSE:01298) 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.

Yunnan Energy International Co Cash-to-Debt Related Terms

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Yunnan Energy International Co (HKSE:01298) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Yunnan Energy International Co Ltd (HKSE:01298) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

T43:Singapore

Address

26 Harbour Road, Room 2008, 20th Floor, China Resources Building, Wanchai, Hong Kong, HKG

Website

https://www.yeigi.com

Yunnan Energy International Co Ltd is a China based company operates analytical instruments, life science equipment, and laboratory instruments. The business functions through two operating segment; the Distribution Business segment which is engaged in the provision of distribution and after-sales services for different analytical instruments, life science and general laboratory instruments; and the Supply Chain Business segment which is engaged in the trading of diversified industrial and consumer products. Its instruments comprise of chromatographs, spectrophotometers, electronic microscopes, life science and general laboratory instruments, with specialized and customized hardware and software, to provide solutions scientific analysis and testing for variety of businesses.

Executives

Bao Xin Development Limited	2201 Interest of corporation controlled by you
Bao Xin International Group Limited	2201 Interest of corporation controlled by you
Glory Sun Financial Group Limited	2201 Interest of corporation controlled by you
Great Sphere Developments Limited	2201 Interest of corporation controlled by you
Tinmark Development Limited	2201 Interest of corporation controlled by you
Yao Jianhui	2201 Interest of corporation controlled by you
Yunnan Energy Investment (h K) Co. Limited	2201 Interest of corporation controlled by you
Yunnan Provincial Energy Investment Group Co., Ltd	2201 Interest of corporation controlled by you
Yung Yat	2101 Beneficial owner

Yunnan Energy International Co (HKSE:01298) Headlines

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