Cnnc Hua Yuan Titanium Dioxide Co (SZSE:002145) Cash-to-Debt : 1.89 (As of Mar. 2024)

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What is Cnnc Hua Yuan Titanium Dioxide 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. Cnnc Hua Yuan Titanium Dioxide Co's cash to debt ratio for the quarter that ended in Mar. 2024 was 1.89.

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, Cnnc Hua Yuan Titanium Dioxide Co could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

The historical rank and industry rank for Cnnc Hua Yuan Titanium Dioxide Co's Cash-to-Debt or its related term are showing as below:

SZSE:002145' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.3 Med: 0.6 Max: 4.45
Current: 1.89

During the past 13 years, Cnnc Hua Yuan Titanium Dioxide Co's highest Cash to Debt Ratio was 4.45. The lowest was 0.30. And the median was 0.60.

SZSE:002145's Cash-to-Debt is ranked better than
66.4% of 1509 companies
in the Chemicals industry
Industry Median: 0.74 vs SZSE:002145: 1.89

Cnnc Hua Yuan Titanium Dioxide Co Cash-to-Debt Historical Data

The historical data trend for Cnnc Hua Yuan Titanium Dioxide 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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Cnnc Hua Yuan Titanium Dioxide Co Cash-to-Debt Chart

Cnnc Hua Yuan Titanium Dioxide Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.53

4.45

3.65

2.38

2.22

Cnnc Hua Yuan Titanium Dioxide 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															4.06	3.26	2.75	2.22	1.89

Competitive Comparison of Cnnc Hua Yuan Titanium Dioxide Co's Cash-to-Debt

For the Chemicals subindustry, Cnnc Hua Yuan Titanium Dioxide 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.

Cnnc Hua Yuan Titanium Dioxide Co's Cash-to-Debt Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Cnnc Hua Yuan Titanium Dioxide Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Cnnc Hua Yuan Titanium Dioxide Co's Cash-to-Debt falls into.

Cnnc Hua Yuan Titanium Dioxide 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.

Cnnc Hua Yuan Titanium Dioxide 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)
	=	7565.02	/	(2274.386	+	1138.913)
	=	2.22

Cnnc Hua Yuan Titanium Dioxide 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)
	=	7666.221	/	(2540.564	+	1514.434)
	=	1.89

Cnnc Hua Yuan Titanium Dioxide Co (SZSE:002145) 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.

Cnnc Hua Yuan Titanium Dioxide Co Cash-to-Debt Related Terms

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Cnnc Hua Yuan Titanium Dioxide Co (SZSE:002145) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Cnnc Hua Yuan Titanium Dioxide Co Ltd (SZSE:002145) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

Number 8 Xingfu Road, Zhangjing Industrial Park, Xibei Town, Xishan District, Jiangsu Province, Wuxi, CHN, 214194

Website

http://www.sinotio2.com

Cnnc Hua Yuan Titanium Dioxide Co Ltd engages in the production, marketing, and service of titanium dioxide powder in China and internationally. Its products are used in the coating, printing ink, décor paper/laminate, and plastic industries.

Executives

Shen Xin	Director
Han Yu Chen	Secretary, Director
Yuan Qiu Li	Directors, executives
Hu Yue Han	Director
Mei Ke Chun	Directors, executives
Fan Xi Cheng	Director
Qiu Bei	Directors, executives
You Cui Chun	Directors, executives
Hu Jian Long	Director
Li Jian Feng	Directors, executives
Chen Fu Qiang	Director
Wang Xiong Ya	Supervisors
Jian Fu Ren	Supervisors
Xin Cheng Xiang	Supervisors

Cnnc Hua Yuan Titanium Dioxide Co (SZSE:002145) Headlines

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