Shengyuan Environmental Protection Co (SZSE:300867) Cash-to-Debt : 0.02 (As of Mar. 2024)

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What is Shengyuan Environmental Protection 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. Shengyuan Environmental Protection Co's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.02.

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, Shengyuan Environmental Protection 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 Shengyuan Environmental Protection Co's Cash-to-Debt or its related term are showing as below:

SZSE:300867' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.06 Max: 0.38
Current: 0.02

During the past 11 years, Shengyuan Environmental Protection Co's highest Cash to Debt Ratio was 0.38. The lowest was 0.02. And the median was 0.06.

SZSE:300867's Cash-to-Debt is ranked worse than
92.92% of 240 companies
in the Waste Management industry
Industry Median: 0.345 vs SZSE:300867: 0.02

Shengyuan Environmental Protection Co Cash-to-Debt Historical Data

The historical data trend for Shengyuan Environmental Protection 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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Shengyuan Environmental Protection Co Cash-to-Debt Chart

Shengyuan Environmental Protection Co Annual Data

Trend

Dec13

Dec14

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.02

0.31

0.10

0.04

Shengyuan Environmental Protection 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															0.05	0.03	0.03	0.04	0.02

Competitive Comparison of Shengyuan Environmental Protection Co's Cash-to-Debt

For the Waste Management subindustry, Shengyuan Environmental Protection 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.

Shengyuan Environmental Protection Co's Cash-to-Debt Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Shengyuan Environmental Protection Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Shengyuan Environmental Protection Co's Cash-to-Debt falls into.

Shengyuan Environmental Protection 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.

Shengyuan Environmental Protection 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)
	=	136.362	/	(817.043	+	3028.195)
	=	0.04

Shengyuan Environmental Protection 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)
	=	92.958	/	(889.399	+	2953.806)
	=	0.02

Shengyuan Environmental Protection Co (SZSE:300867) 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.

Shengyuan Environmental Protection Co Cash-to-Debt Related Terms

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

Shengyuan Environmental Protection Co (SZSE:300867) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Shengyuan Environmental Protection Co Ltd (SZSE:300867) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 6 Huli Avenue, second floor of Dongdu Road No.104, Northern Commercial Building, Huli District, Fujian Province, Xiamen, CHN

Website

https://www.chinasyep.com

Shengyuan Environmental Protection Co Ltd is a comprehensive management enterprise specializing in garbage incineration power generation, sewage treatment, among others. The company owns garbage incineration power plants in operation, construction and preparation, sewage treatment plants, landfill leachate treatment station, kitchen waste disposal project under way, and the system of collection, transportation and terminal treatment of domestic garbage.

Executives

Cai Yan Bin	Supervisors
Zhu Yu Xuan	Director
Chen Wen Yu	Directors, Directors, and Executives

Shengyuan Environmental Protection Co (SZSE:300867) Headlines

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