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Visionox Technology (SZSE:002387) Cash-to-Debt : 0.50 (As of Jun. 2024)


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What is Visionox Technology 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. Visionox Technology's cash to debt ratio for the quarter that ended in Jun. 2024 was 0.50.

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, Visionox Technology couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2024.

The historical rank and industry rank for Visionox Technology's Cash-to-Debt or its related term are showing as below:

SZSE:002387' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.14   Med: 0.48   Max: 4.26
Current: 0.5

During the past 13 years, Visionox Technology's highest Cash to Debt Ratio was 4.26. The lowest was 0.14. And the median was 0.48.

SZSE:002387's Cash-to-Debt is ranked worse than
72.55% of 2448 companies
in the Hardware industry
Industry Median: 1.315 vs SZSE:002387: 0.50

Visionox Technology Cash-to-Debt Historical Data

The historical data trend for Visionox Technology'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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Visionox Technology Cash-to-Debt Chart

Visionox Technology Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.65 0.45 0.43 0.50 0.41

Visionox Technology Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.31 0.30 0.41 0.54 0.50

Competitive Comparison of Visionox Technology's Cash-to-Debt

For the Electronic Components subindustry, Visionox Technology'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.


Visionox Technology's Cash-to-Debt Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Visionox Technology's Cash-to-Debt distribution charts can be found below:

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



Visionox Technology 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.

Visionox Technology's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Visionox Technology's Cash to Debt Ratio for the quarter that ended in Jun. 2024 is calculated as:

* 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.


Visionox Technology  (SZSE:002387) 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.


Visionox Technology Cash-to-Debt Related Terms

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


Visionox Technology Business Description

Traded in Other Exchanges
N/A
Address
No.1,Longteng Road, Kunshan Economic&Technological Development Zone, Jiangsu, Shanghai, CHN, 215300
Visionox Technology Inc is engaged in OLED technology development. The products of the company include AMOLED displays, PMOLED displays, and displays for industrial use. The company also provides after sales service.
Executives
Zhang De Qiang Directors, executives
Yan Ruo Yuan Directors, executives
Lin Xiu Hai Directors, executives
Lin Xiu Hao Director
He Wen Biao Independent director
Huang Xun Cai Supervisors
Chen Ru Director
Huang Shu Zhong Director, Director Secretary
He Yu Long Directors, executives
Deng Chan Yu Supervisors
Lin Shao Ping Supervisors
Wu Di Nian Directors, executives
Chen Ke Mei Executives
Yao Li Chang Director
Lin Xi Qin Executives

Visionox Technology Headlines

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