YLZ Information Technology Co (SZSE:300096) Cash-to-Debt : 26.86 (As of Mar. 2024)

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What is YLZ Information 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. YLZ Information Technology Co's cash to debt ratio for the quarter that ended in Mar. 2024 was 26.86.

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, YLZ Information Technology 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 YLZ Information Technology Co's Cash-to-Debt or its related term are showing as below:

SZSE:300096' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.32 Med: 1.18 Max: 167.83
Current: 26.86

During the past 13 years, YLZ Information Technology Co's highest Cash to Debt Ratio was 167.83. The lowest was 0.32. And the median was 1.18.

SZSE:300096's Cash-to-Debt is ranked better than
77.03% of 2725 companies
in the Software industry
Industry Median: 2.49 vs SZSE:300096: 26.86

YLZ Information Technology Co Cash-to-Debt Historical Data

The historical data trend for YLZ Information 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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YLZ Information Technology Co Cash-to-Debt Chart

YLZ Information Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

1.69

1.63

1.91

1.15

37.27

YLZ Information Technology 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															0.57	3.11	8.15	37.27	26.86

Competitive Comparison of YLZ Information Technology Co's Cash-to-Debt

For the Software - Application subindustry, YLZ Information 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.

YLZ Information Technology Co's Cash-to-Debt Distribution in the Software Industry

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

* The bar in red indicates where YLZ Information Technology Co's Cash-to-Debt falls into.

YLZ Information 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.

YLZ Information 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)
	=	408.06	/	(4.004	+	6.945)
	=	37.27

YLZ Information Technology 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)
	=	287.82	/	(4.348	+	6.369)
	=	26.86

YLZ Information Technology Co (SZSE:300096) 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.

YLZ Information Technology Co Cash-to-Debt Related Terms

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YLZ Information Technology Co (SZSE:300096) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » YLZ Information Technology Co Ltd (SZSE:300096) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Huandao Road, Zhenzhu Software, Suite B, 5/f, Kexin Building, Par, Xiamen, CHN, 361005

Website

http://www.ylzinfo.com

YLZ Information Technology Co Ltd provides information services for livelihood industries in China. It offers its solutions in the areas of human resources, social security, health, financial, housing, education, and energy saving and environmental protection industries.

Executives

Huang Wen Can	Directors, executives
Shi Xue Lian	Supervisors
Wu Yi Yu	Directors, executives
Zhang Xi	Director
Shi Jian An	Executives
Lei Biao	Directors, executives
Huang Bang Jie	Supervisors
Wu Wen Fei	Executives
Gu Pei Jian	Director
Zheng Ren Gui	Executives

YLZ Information Technology Co (SZSE:300096) Headlines

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