Tianjin Motimo Membrane Technology Co (SZSE:300334) Cash-to-Debt : 0.79 (As of Mar. 2024)

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What is Tianjin Motimo Membrane 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. Tianjin Motimo Membrane Technology Co's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.79.

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, Tianjin Motimo Membrane Technology 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 Tianjin Motimo Membrane Technology Co's Cash-to-Debt or its related term are showing as below:

SZSE:300334' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.11 Med: 0.42 Max: 4.45
Current: 0.79

During the past 13 years, Tianjin Motimo Membrane Technology Co's highest Cash to Debt Ratio was 4.45. The lowest was 0.11. And the median was 0.42.

SZSE:300334's Cash-to-Debt is ranked worse than
58.48% of 2926 companies
in the Industrial Products industry
Industry Median: 1.22 vs SZSE:300334: 0.79

Tianjin Motimo Membrane Technology Co Cash-to-Debt Historical Data

The historical data trend for Tianjin Motimo Membrane 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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Tianjin Motimo Membrane Technology Co Cash-to-Debt Chart

Tianjin Motimo Membrane Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.16

0.14

0.19

0.11

0.79

Tianjin Motimo Membrane 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															1.56	0.81	0.73	0.79	0.79

Competitive Comparison of Tianjin Motimo Membrane Technology Co's Cash-to-Debt

For the Specialty Industrial Machinery subindustry, Tianjin Motimo Membrane 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.

Tianjin Motimo Membrane Technology Co's Cash-to-Debt Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Tianjin Motimo Membrane Technology Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Tianjin Motimo Membrane Technology Co's Cash-to-Debt falls into.

Tianjin Motimo Membrane 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.

Tianjin Motimo Membrane 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)
	=	89.954	/	(39.656	+	74.916)
	=	0.79

Tianjin Motimo Membrane 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)
	=	101.534	/	(46.377	+	82.09)
	=	0.79

Tianjin Motimo Membrane Technology Co (SZSE:300334) 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.

Tianjin Motimo Membrane Technology Co Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Tianjin Motimo Membrane Technology Co's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Tianjin Motimo Membrane Technology Co (SZSE:300334) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Tianjin Motimo Membrane Technology Co Ltd (SZSE:300334) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

11th Street, TEDA, Tianjin, CHN, 300160

Website

http://www.motimo.com

Tianjin Motimo Membrane Technology Co Ltd is engaged in the research and development of membrane material and membrane process. In addition, the company is engaged in the production of the membrane module and membrane equipment. The company offers hollow fiber microfiltration and ultrafiltration membrane element and equipment. The products are widely used in municipal, power, steel and iron, petrochemical, spinning and weaving, food filed, water supply industries and pharmacy removal, separation, and concentration. Its products are exported to more than 20 countries.

Executives

Ye Quan	Director
Hu Xiao Yu	Executives
Dai Hai Ping	Executives
Li Xin Min	Director
Li Hong Gang	Executives
Qiu Guan Xiong	Supervisors
Liu Jian Li	Executives
Zhang Lin	Executives
Li Xiang De	Executives
Huan Guo Lan	Securities Affairs Representative
Zheng Chun Jian	Directors, executives

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