Beijing Fourth Paradigm Technology Co (HKSE:06682) Cash-to-Debt : 19.62 (As of Dec. 2023)

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What is Beijing Fourth Paradigm Technology 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. Beijing Fourth Paradigm Technology Co's cash to debt ratio for the quarter that ended in Dec. 2023 was 19.62.

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, Beijing Fourth Paradigm Technology 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 Beijing Fourth Paradigm Technology Co's Cash-to-Debt or its related term are showing as below:

HKSE:06682' s Cash-to-Debt Range Over the Past 10 Years
Min: 18.38 Med: 26.86 Max: 71.12
Current: 19.62

During the past 4 years, Beijing Fourth Paradigm Technology Co's highest Cash to Debt Ratio was 71.12. The lowest was 18.38. And the median was 26.86.

HKSE:06682's Cash-to-Debt is ranked better than
74.28% of 2803 companies
in the Software industry
Industry Median: 2.52 vs HKSE:06682: 19.62

Beijing Fourth Paradigm Technology Co Cash-to-Debt Historical Data

The historical data trend for Beijing Fourth Paradigm Technology 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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Beijing Fourth Paradigm Technology Co Cash-to-Debt Chart

Beijing Fourth Paradigm Technology Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

34.10

71.12

18.38

19.62

Beijing Fourth Paradigm Technology Co Semi-Annual Data
	Dec20	Dec21	Dec22	Dec23
Cash-to-Debt	34.10	71.12	18.38	19.62

Competitive Comparison of Beijing Fourth Paradigm Technology Co's Cash-to-Debt

For the Software - Infrastructure subindustry, Beijing Fourth Paradigm Technology 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.

Beijing Fourth Paradigm Technology Co's Cash-to-Debt Distribution in the Software Industry

For the Software industry and Technology sector, Beijing Fourth Paradigm Technology Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Beijing Fourth Paradigm Technology Co's Cash-to-Debt falls into.

Beijing Fourth Paradigm Technology 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.

Beijing Fourth Paradigm Technology 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)
	=	3317.619	/	(133.38	+	35.755)
	=	19.62

Beijing Fourth Paradigm Technology 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)
	=	3317.619	/	(133.38	+	35.755)
	=	19.62

Beijing Fourth Paradigm Technology Co (HKSE:06682) 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.

Beijing Fourth Paradigm Technology Co Cash-to-Debt Related Terms

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Beijing Fourth Paradigm Technology Co (HKSE:06682) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Beijing Fourth Paradigm Technology Co Ltd (HKSE:06682) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 66 Qinghe Middle Street, No. L01301-1, Level 13 Building 1, Haidian, Beijing, CHN

Website

http://www.4paradigm.com

Beijing Fourth Paradigm Technology Co Ltd is a leader in enterprise AI. It is an AI software company that focuses on providing platform-centric AI software that enables enterprises to develop their own decision-making AI applications. Its enterprise-level solutions are designed to serve enterprises, rather than individuals. It offers platform-centric AI solutions that can be rapidly deployed by enterprises on a large scale to uncover hidden patterns in data and comprehensively enhance their decision-making capabilities.

Executives

Hongshan Capital Venture Fund V, L.p.
Hsg Holding Limited
Hsg Venture V Management, L.p.
Hsg Venture V-mars (hk) Limited
Snp China Enterprises Limited
Shen Nan Peng
He Nan Guo Xin Qi Di Ji Jin Guan Li You Xian Gong Si
He Nan Guo Xin Qi Di Gu Quan Tou Zi Ji Jin You Xian He Huo
Smart Dynamic Limited	2201 Interest of corporation controlled by you
Bei Jing Chuang Xin Gong Chang Chuang Ye Tou Zi Zhong Xin You Xian He Huo	2101 Beneficial owner
Bei Jing Hu Lian Chuang Xin Gong Chang Tou Zi Guan Li You Xian Gong Si	2201 Interest of corporation controlled by you
Chuang Xin Gong Chang Xia Men Tou Zi Guan Li You Xian Gong Si	2201 Interest of corporation controlled by you
Chuang Xin Gong Chang Xia Men Chuang Ye Tou Zi He Huo Qi Ye You Xian He Huo	2201 Interest of corporation controlled by you
Pu Rui Gu Quan Tou Zi Tian Jin He Huo Qi Ye You Xian He Huo	2201 Interest of corporation controlled by you
Pu Rui Guan Li Zi Xun Tian Jin You Xian Gong Si	2201 Interest of corporation controlled by you

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