Cheerwin Group (HKSE:06601) Cash-to-Debt : 98.96 (As of Dec. 2023)

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What is Cheerwin Group 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. Cheerwin Group's cash to debt ratio for the quarter that ended in Dec. 2023 was 98.96.

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, Cheerwin Group could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

HKSE:06601' s Cash-to-Debt Range Over the Past 10 Years
Min: 2.88 Med: 53.27 Max: 178.97
Current: 98.96

During the past 7 years, Cheerwin Group's highest Cash to Debt Ratio was 178.97. The lowest was 2.88. And the median was 53.27.

HKSE:06601's Cash-to-Debt is ranked better than
91.27% of 1799 companies
in the Consumer Packaged Goods industry
Industry Median: 0.52 vs HKSE:06601: 98.96

Cheerwin Group Cash-to-Debt Historical Data

The historical data trend for Cheerwin Group'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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Cheerwin Group Cash-to-Debt Chart

Cheerwin Group Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

50.57

2.88

178.97

163.88

98.96

Cheerwin Group Semi-Annual Data
	Dec17	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial						178.97	123.35	163.88	168.21	98.96

Competitive Comparison of Cheerwin Group's Cash-to-Debt

For the Household & Personal Products subindustry, Cheerwin Group'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.

Cheerwin Group's Cash-to-Debt Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Cheerwin Group's Cash-to-Debt distribution charts can be found below:

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

Cheerwin Group 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.

Cheerwin Group'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)
	=	3032.784	/	(12.259	+	18.389)
	=	98.96

Cheerwin Group's Cash to Debt Ratio for the quarter 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)
	=	3032.784	/	(12.259	+	18.389)
	=	98.96

Cheerwin Group (HKSE:06601) 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.

Cheerwin Group Cash-to-Debt Related Terms

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Cheerwin Group (HKSE:06601) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Cheerwin Group Ltd (HKSE:06601) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2, Luju Road, Liwan District, Guangdong Province, Guangzhou, CHN, 510370

Website

https://www.cheerwin.com

Cheerwin Group Ltd is an investment holding company. It is mainly manufacturing and trading of household insecticides and repellents, household cleaning, air care, personal care, pet care, and other products in China. company revenue is geographically derived from PRC.

Executives

Ubs Group Ag	2201 Interest of corporation controlled by you
Chen Kaichen
Chen Kaixuan
Li Ruohong
Ma Huizhen
Morgan Stanley & Co. International Plc	2105 Underwriter
Morgan Stanley International Holdings Inc.	2201 Interest of corporation controlled by you
Morgan Stanley International Limited	2201 Interest of corporation controlled by you
Morgan Stanley Investments (uk)	2201 Interest of corporation controlled by you
Chao Yun Huan Qiu You Xian Gong Si

Cheerwin Group (HKSE:06601) Headlines

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