Tianli International Holdings (HKSE:01773) Cash-to-Debt : 0.32 (As of Feb. 2024)

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What is Tianli International 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. Tianli International Holdings's cash to debt ratio for the quarter that ended in Feb. 2024 was 0.32.

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, Tianli International Holdings couldn't pay off its debt using the cash in hand for the quarter that ended in Feb. 2024.

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

HKSE:01773' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.16 Med: 0.73 Max: 2.72
Current: 0.32

During the past 8 years, Tianli International Holdings's highest Cash to Debt Ratio was 2.72. The lowest was 0.16. And the median was 0.73.

HKSE:01773's Cash-to-Debt is ranked worse than
76.14% of 264 companies
in the Education industry
Industry Median: 1.225 vs HKSE:01773: 0.32

Tianli International Holdings Cash-to-Debt Historical Data

The historical data trend for Tianli International 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.

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Tianli International Holdings Cash-to-Debt Chart

Tianli International Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Aug22

Aug23

Cash-to-Debt

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2.72

1.15

1.18

0.78

0.84

Tianli International Holdings Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Feb22	Aug22	Feb23	Aug23	Feb24
Cash-to-Debt	Get a 7-Day Free Trial											0.38	0.78	0.46	0.84	0.32

Competitive Comparison of Tianli International Holdings's Cash-to-Debt

For the Education & Training Services subindustry, Tianli International 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.

Tianli International Holdings's Cash-to-Debt Distribution in the Education Industry

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

* The bar in red indicates where Tianli International Holdings's Cash-to-Debt falls into.

Tianli International 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.

Tianli International 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)
	=	1729.712	/	(619.915	+	1444.488)
	=	0.84

Tianli International Holdings's Cash to Debt Ratio for the quarter that ended in Feb. 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)
	=	712.575	/	(762.56	+	1472.697)
	=	0.32

Tianli International Holdings (HKSE:01773) 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.

Tianli International Holdings Cash-to-Debt Related Terms

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

Tianli International Holdings (HKSE:01773) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Tianli International Holdings Ltd (HKSE:01773) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Qingyang Industrial Zone, Tower T25, Sichuan Province, Chengdu, CHN

Website

https://www.tianlieducation.com

Tianli International Holdings Ltd operates as a private education service provider in Western China. The Company provides clients with integrated education management and diversified services. Its services mainly include comprehensive education services, training services, study trip services, early childhood education services, canteen operations, management and franchise, as well as supply chain management services. The Company also offers extracurricular programs in music, arts, physical education and languages, as well as licensing rights to its brands for early childhood centers. Geographically, it derives revenue from PRC.

Executives

Luo Shi	2201 Interest of corporation controlled by you
First Beijing Investment Limited	2102 Investment manager
Tct (bvi) Limited	2501 Other
The Core Trust Company Limited	2301 Trustee
Tu Mengxuan	2202 Interest of your spouse
Sky Elite Limited	2101 Beneficial owner

Tianli International Holdings (HKSE:01773) Headlines

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