Suzhou Kelida Building & Decoration Co (SHSE:603828) Cash-to-Debt : 0.33 (As of Mar. 2024)

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What is Suzhou Kelida Building & Decoration 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. Suzhou Kelida Building & Decoration Co's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.33.

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, Suzhou Kelida Building & Decoration 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 Suzhou Kelida Building & Decoration Co's Cash-to-Debt or its related term are showing as below:

SHSE:603828' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.07 Med: 0.35 Max: No Debt
Current: 0.33

During the past 13 years, Suzhou Kelida Building & Decoration Co's highest Cash to Debt Ratio was No Debt. The lowest was 0.07. And the median was 0.35.

SHSE:603828's Cash-to-Debt is ranked worse than
66.33% of 1675 companies
in the Construction industry
Industry Median: 0.63 vs SHSE:603828: 0.33

Suzhou Kelida Building & Decoration Co Cash-to-Debt Historical Data

The historical data trend for Suzhou Kelida Building & Decoration 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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Suzhou Kelida Building & Decoration Co Cash-to-Debt Chart

Suzhou Kelida Building & Decoration Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.55

0.60

0.21

0.17

0.24

Suzhou Kelida Building & Decoration 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															0.15	0.07	0.11	0.24	0.33

Competitive Comparison of Suzhou Kelida Building & Decoration Co's Cash-to-Debt

For the Engineering & Construction subindustry, Suzhou Kelida Building & Decoration 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.

Suzhou Kelida Building & Decoration Co's Cash-to-Debt Distribution in the Construction Industry

For the Construction industry and Industrials sector, Suzhou Kelida Building & Decoration Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Suzhou Kelida Building & Decoration Co's Cash-to-Debt falls into.

Suzhou Kelida Building & Decoration 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.

Suzhou Kelida Building & Decoration 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)
	=	460.616	/	(1193.643	+	741.062)
	=	0.24

Suzhou Kelida Building & Decoration 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)
	=	609.707	/	(1135.863	+	735.512)
	=	0.33

Suzhou Kelida Building & Decoration Co (SHSE:603828) 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.

Suzhou Kelida Building & Decoration Co Cash-to-Debt Related Terms

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

Suzhou Kelida Building & Decoration Co (SHSE:603828) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Suzhou Kelida Building & Decoration Co Ltd (SHSE:603828) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

99 Canal Road, High-tech Zone, Suzhou, CHN, 215011

Website

http://www.kldzs.com

Suzhou Kelida Building & Decoration Co Ltd is a China-based company which is an architectural decoration company. It is engaged in the design and construction of building walls and public building decoration works. The Company provides decoration work for airports, performing arts centers, and conference & sports centers.

Suzhou Kelida Building & Decoration Co (SHSE:603828) Headlines

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