BMC Medical Co (SZSE:301367) Cash-to-Debt : 106.07 (As of Mar. 2024)

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What is BMC Medical 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. BMC Medical Co's cash to debt ratio for the quarter that ended in Mar. 2024 was 106.07.

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, BMC Medical 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 BMC Medical Co's Cash-to-Debt or its related term are showing as below:

SZSE:301367' s Cash-to-Debt Range Over the Past 10 Years
Min: 2.65 Med: 86.19 Max: No Debt
Current: 106.07

During the past 7 years, BMC Medical Co's highest Cash to Debt Ratio was No Debt. The lowest was 2.65. And the median was 86.19.

SZSE:301367's Cash-to-Debt is ranked better than
88.5% of 861 companies
in the Medical Devices & Instruments industry
Industry Median: 1.91 vs SZSE:301367: 106.07

BMC Medical Co Cash-to-Debt Historical Data

The historical data trend for BMC Medical 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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BMC Medical Co Cash-to-Debt Chart

BMC Medical Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

45.89

99.50

119.46

92.82

BMC Medical Co Quarterly Data
	Dec17	Dec18	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial													86.19	81.75	91.94	92.82	106.07

Competitive Comparison of BMC Medical Co's Cash-to-Debt

For the Medical Instruments & Supplies subindustry, BMC Medical 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.

BMC Medical Co's Cash-to-Debt Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, BMC Medical Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where BMC Medical Co's Cash-to-Debt falls into.

BMC Medical 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.

BMC Medical 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)
	=	2482.814	/	(10.351	+	16.399)
	=	92.82

BMC Medical 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)
	=	2580.666	/	(10.677	+	13.652)
	=	106.07

BMC Medical Co (SZSE:301367) 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.

BMC Medical Co Cash-to-Debt Related Terms

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BMC Medical Co (SZSE:301367) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » BMC Medical Co Ltd (SZSE:301367) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

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Address

No. 115, Fucheng Road, Haidian District, No. 110, Block A, Fengyu Office Building, Beijing, CHN, 100041

Website

https://www.bmc-medical.com

BMC Medical Co Ltd is engaged in the manufacturing of medical equipment and consumables in the field of respiratory health.

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