Jiumaojiu International Holdings (HKSE:09922) Cash-to-Debt : 0.77 (As of Dec. 2023)

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What is Jiumaojiu 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. Jiumaojiu International Holdings's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.77.

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, Jiumaojiu International Holdings couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

HKSE:09922' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.06 Med: 0.44 Max: 1.9
Current: 0.77

During the past 8 years, Jiumaojiu International Holdings's highest Cash to Debt Ratio was 1.90. The lowest was 0.06. And the median was 0.44.

HKSE:09922's Cash-to-Debt is ranked better than
67.94% of 340 companies
in the Restaurants industry
Industry Median: 0.41 vs HKSE:09922: 0.77

Jiumaojiu International Holdings Cash-to-Debt Historical Data

The historical data trend for Jiumaojiu 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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Jiumaojiu International Holdings Cash-to-Debt Chart

Jiumaojiu International Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.11

1.90

1.38

1.16

0.77

Jiumaojiu International Holdings Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial									1.38	1.37	1.16	1.03	0.77

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

For the Restaurants subindustry, Jiumaojiu 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.

Jiumaojiu International Holdings's Cash-to-Debt Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Jiumaojiu International Holdings's Cash-to-Debt distribution charts can be found below:

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

Jiumaojiu 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.

Jiumaojiu International Holdings'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)
	=	1967.197	/	(688.504	+	1858.562)
	=	0.77

Jiumaojiu International Holdings'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)
	=	1967.197	/	(688.504	+	1858.562)
	=	0.77

Jiumaojiu International Holdings (HKSE:09922) 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.

Jiumaojiu International Holdings Cash-to-Debt Related Terms

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

Jiumaojiu International Holdings (HKSE:09922) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Jiumaojiu International Holdings Ltd (HKSE:09922) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

3YU:Germany

Address

1 Mingzhuyi Street, Room 404-A197, Hengli Town, Nansha District, Guangzhou, CHN

Website

http://www.jiumaojiu.com

Jiumaojiu International is a Chinese multibrand restaurant operator. The firm generates most of its revenue from Tai Er, a restaurant chain that is known for its sauerkraut fish (steamed fish smothered in pickled cabbage). Established in 2015, Tai Er is immensely popular, with over 400 outlets in China, and is frequented particularly by the post-1990s generation.Other key concepts include the namesake concept Jiu Mao Jiu (nearly 80 units) and a newly created restaurant concept Song Hot Pot (almost 30 outlets), but the company's portfolio also includes other brands such as Uncle Chef (Cantonese cuisine) and Lai Mei Li (Chinese grilled fish). All of Jiumaojiu's restaurants are company-owned, as the firm is focusing more on the quality of its restaurants over quantity.

Executives

Invesco Asset Management Limited	2102 Investment manager
Jpmorgan Chase & Co.	2502 Approved lending agent
The Capital Group Companies, Inc.	2201 Interest of corporation controlled by you
Guan Yihong	2201 Interest of corporation controlled by you
Gyh J Limited	2101 Beneficial owner
Yang Sanyin	2202 Interest of your spouse
T. Rowe Price Associates, Inc. And Its Affiliates	2101 Beneficial owner
Chen Haixia	2201 Interest of corporation controlled by you
Mx J Limited	2101 Beneficial owner
Mt J Limited	2101 Beneficial owner

Jiumaojiu International Holdings (HKSE:09922) Headlines

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