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Luyuan Group Holding (Cayman) (HKSE:02451) Cash-to-Debt : 3.00 (As of Dec. 2023)


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What is Luyuan Group Holding (Cayman) 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. Luyuan Group Holding (Cayman)'s cash to debt ratio for the quarter that ended in Dec. 2023 was 3.00.

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, Luyuan Group Holding (Cayman) 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 Luyuan Group Holding (Cayman)'s Cash-to-Debt or its related term are showing as below:

HKSE:02451' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.21   Med: 2.28   Max: 3
Current: 3

During the past 4 years, Luyuan Group Holding (Cayman)'s highest Cash to Debt Ratio was 3.00. The lowest was 1.21. And the median was 2.28.

HKSE:02451's Cash-to-Debt is ranked better than
77.1% of 1240 companies
in the Vehicles & Parts industry
Industry Median: 0.58 vs HKSE:02451: 3.00

Luyuan Group Holding (Cayman) Cash-to-Debt Historical Data

The historical data trend for Luyuan Group Holding (Cayman)'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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Luyuan Group Holding (Cayman) Cash-to-Debt Chart

Luyuan Group Holding (Cayman) Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Cash-to-Debt
2.71 1.21 1.85 3.00

Luyuan Group Holding (Cayman) Semi-Annual Data
Dec20 Dec21 Dec22 Dec23
Cash-to-Debt 2.71 1.21 1.85 3.00

Competitive Comparison of Luyuan Group Holding (Cayman)'s Cash-to-Debt

For the Auto Manufacturers subindustry, Luyuan Group Holding (Cayman)'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.

Luyuan Group Holding (Cayman)'s Cash-to-Debt Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Luyuan Group Holding (Cayman)'s Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Luyuan Group Holding (Cayman)'s Cash-to-Debt falls into.


Luyuan Group Holding (Cayman) 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.

Luyuan Group Holding (Cayman)'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)
=2138.022 / (185.215 + 526.523)
=3.00

Luyuan Group Holding (Cayman)'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)
=2138.022 / (185.215 + 526.523)
=3.00

* 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.

Luyuan Group Holding (Cayman)  (HKSE:02451) 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.

Luyuan Group Holding (Cayman) Cash-to-Debt Related Terms

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Luyuan Group Holding (Cayman) (HKSE:02451) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Luyuan Group Holding (Cayman) Ltd (HKSE:02451) » Definitions » Cash-to-Debt
Comparable Companies
HKSE:01122 TSLA TSE:7203 SZSE:002594 XTER:MBG XTER:BMW STLA XTER:VOW3 MIL:RACE TSE:7267 F GM NSE:MARUTI LI XKRX:005380 HKSE:02333 NSE:TATAMOTORS SHSE:600104 XKRX:000270 NSE:M&M
Traded in Other Exchanges
N/A
Address
No. 168 Shicheng Street, Jinhua Industry Zone, Zhejiang, Jinhua, CHN
Website
https://www.luyuan.cn
Luyuan Group Holding (Cayman) Ltd is an electric two-wheeled vehicle provider in mainland China, focusing on the design, research and development, manufacturing and selling of electric two-wheeled vehicles. It has built an offline sales and distribution network and embraced informatization and established online retail channels, continuously improving the penetration and coverage of its products.
Executives
Dingman David Ross 2201 Interest of corporation controlled by you
Shipston Electric Vehicle Limited 2101 Beneficial owner
Shipston Evl Holdings Limited 2201 Interest of corporation controlled by you
Shipston Group Limited 2201 Interest of corporation controlled by you
Stonor Group Limited 2201 Interest of corporation controlled by you
Dingman David Ross 2201 Interest of corporation controlled by you
Hu Jihong 2201 Interest of corporation controlled by you
Ni Jie 2201 Interest of corporation controlled by you
Apex Marine Investments Limited 2101 Beneficial owner
Drago Investments Limited 2101 Beneficial owner

Luyuan Group Holding (Cayman) (HKSE:02451) Headlines

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