Chen Lin Education Group Holdings (HKSE:01593) Cash-to-Debt : 0.17 (As of Aug. 2023)

View and export this data going back to 2019. Start your Free Trial

What is Chen Lin Education Group Holdings 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. Chen Lin Education Group Holdings's cash to debt ratio for the quarter that ended in Aug. 2023 was 0.17.

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, Chen Lin Education Group Holdings couldn't pay off its debt using the cash in hand for the quarter that ended in Aug. 2023.

The historical rank and industry rank for Chen Lin Education Group Holdings's Cash-to-Debt or its related term are showing as below:

HKSE:01593' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.17 Max: 1.01
Current: 0.17

During the past 7 years, Chen Lin Education Group Holdings's highest Cash to Debt Ratio was 1.01. The lowest was 0.00. And the median was 0.17.

HKSE:01593's Cash-to-Debt is ranked worse than
87.31% of 260 companies
in the Education industry
Industry Median: 1.265 vs HKSE:01593: 0.17

Chen Lin Education Group Holdings Cash-to-Debt Historical Data

The historical data trend for Chen Lin Education Group Holdings'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.

* Premium members only.

Chen Lin Education Group Holdings Cash-to-Debt Chart

Chen Lin Education Group Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Aug22

Aug23

Cash-to-Debt

Get a 7-Day Free Trial

0.09

1.01

0.62

0.20

0.17

Chen Lin Education Group Holdings Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Feb22	Aug22	Feb23	Aug23	Feb24
Cash-to-Debt	Get a 7-Day Free Trial								0.10	0.20	0.08	0.17	N/A

Competitive Comparison of Chen Lin Education Group Holdings's Cash-to-Debt

For the Education & Training Services subindustry, Chen Lin Education Group Holdings'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.

Chen Lin Education Group Holdings's Cash-to-Debt Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Chen Lin Education Group Holdings's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Chen Lin Education Group Holdings's Cash-to-Debt falls into.

Chen Lin Education Group Holdings 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.

Chen Lin Education Group Holdings's Cash to Debt Ratio for the fiscal year that ended in Aug. 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)
	=	404.588	/	(667.643	+	1651.107)
	=	0.17

Chen Lin Education Group Holdings's Cash to Debt Ratio for the quarter that ended in Aug. 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)
	=	404.588	/	(667.643	+	1651.107)
	=	0.17

Chen Lin Education Group Holdings (HKSE:01593) 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.

Chen Lin Education Group Holdings Cash-to-Debt Related Terms

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

Chen Lin Education Group Holdings (HKSE:01593) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Chen Lin Education Group Holdings Ltd (HKSE:01593) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 001, Xinjian Lianfu Dadao, Jiangxi, Nanchang, CHN

Website

http://www.chenlin-edu.com

Chen Lin Education Group Holdings Ltd is engaged in the provision of private tertiary education services in the PRC. The group derives revenue from Tuition fees, Boarding fees, Internship management fees, Tutoring and program management services, and others.

Executives

Huang Yulin	2201 Interest of corporation controlled by you
Huangyulin Holdings Limited	2101 Beneficial owner
Wang Li

Chen Lin Education Group Holdings (HKSE:01593) Headlines

No Headlines