Eastern Pioneer Driving School Co (SHSE:603377) Cash-to-Debt : 0.05 (As of Mar. 2024)

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What is Eastern Pioneer Driving School 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. Eastern Pioneer Driving School Co's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.05.

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, Eastern Pioneer Driving School Co 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 Eastern Pioneer Driving School Co's Cash-to-Debt or its related term are showing as below:

SHSE:603377' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.05 Med: 0.45 Max: 17.25
Current: 0.05

During the past 13 years, Eastern Pioneer Driving School Co's highest Cash to Debt Ratio was 17.25. The lowest was 0.05. And the median was 0.45.

SHSE:603377's Cash-to-Debt is ranked worse than
95.42% of 262 companies
in the Education industry
Industry Median: 1.285 vs SHSE:603377: 0.05

Eastern Pioneer Driving School Co Cash-to-Debt Historical Data

The historical data trend for Eastern Pioneer Driving School 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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Eastern Pioneer Driving School Co Cash-to-Debt Chart

Eastern Pioneer Driving School Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.39

0.71

0.27

0.12

0.07

Eastern Pioneer Driving School Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															0.14	0.21	0.10	0.07	0.05

Competitive Comparison of Eastern Pioneer Driving School Co's Cash-to-Debt

For the Education & Training Services subindustry, Eastern Pioneer Driving School 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.

Eastern Pioneer Driving School Co's Cash-to-Debt Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Eastern Pioneer Driving School Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Eastern Pioneer Driving School Co's Cash-to-Debt falls into.

Eastern Pioneer Driving School 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.

Eastern Pioneer Driving School 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)
	=	105.003	/	(826.275	+	729.71)
	=	0.07

Eastern Pioneer Driving School Co'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)
	=	82.138	/	(797.198	+	756.245)
	=	0.05

Eastern Pioneer Driving School Co (SHSE:603377) 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.

Eastern Pioneer Driving School Co Cash-to-Debt Related Terms

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

Eastern Pioneer Driving School Co (SHSE:603377) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Eastern Pioneer Driving School Co Ltd (SHSE:603377) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 19, Jinxing West Road, Daxing District, Beijing, CHN, 102600

Website

http://www.dfss.com.cn

Eastern Pioneer Driving School Co Ltd is a China-based company engaged in providing training services for motor vehicle drivers. It also offers sparring service, car repair services, car insurance agents and other auto-related services and consumer products. In addition, the company carries out traffic safety publicity and education activities, focusing on cultivating traffic safety awareness.

Eastern Pioneer Driving School Co (SHSE:603377) Headlines

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