AiXin Life International (AiXin Life International) Cash-to-Debt : 0.26 (As of Dec. 2023)

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What is AiXin Life International 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. AiXin Life International's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.26.

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, AiXin Life International 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 AiXin Life International's Cash-to-Debt or its related term are showing as below:

AIXN' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.05 Med: 76.77 Max: No Debt
Current: 0.26

During the past 13 years, AiXin Life International's highest Cash to Debt Ratio was No Debt. The lowest was 0.05. And the median was 76.77.

AIXN's Cash-to-Debt is ranked worse than
63.19% of 307 companies
in the Retail - Defensive industry
Industry Median: 0.46 vs AIXN: 0.26

AiXin Life International Cash-to-Debt Historical Data

The historical data trend for AiXin Life International'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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AiXin Life International Cash-to-Debt Chart

AiXin Life International Annual Data

Trend

May14

May15

May16

May17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.05

76.77

4.11

0.44

0.26

AiXin Life International Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.44	0.49	0.36	0.61	0.26

Competitive Comparison of AiXin Life International's Cash-to-Debt

For the Food Distribution subindustry, AiXin Life International'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.

AiXin Life International's Cash-to-Debt Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, AiXin Life International's Cash-to-Debt distribution charts can be found below:

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

AiXin Life International 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.

AiXin Life International'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)
	=	0.444	/	(0.949	+	0.789)
	=	0.26

AiXin Life International'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)
	=	0.444	/	(0.949	+	0.789)
	=	0.26

AiXin Life International (OTCPK:AIXN) 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.

AiXin Life International Cash-to-Debt Related Terms

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

AiXin Life International (AiXin Life International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » AiXin Life International Inc (OTCPK:AIXN) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 69 Qingyun South Avenue, 14th Floor, Hongxing International Business Building 2, Jinjiang District, Sichuan Province, Chengdu, CHN

Website

http://www.aixinjituan.com

AiXin Life International Inc manufactures, market and sell premium-quality healthcare, nutritional products and wellness supplements, including herbs and greens, traditional Chinese remedies, functional products, such as weight management products, probiotics, foods and drinks. The operating segments are Advertising and products, Pharmacies, Hotel, and Manufacture and sale It also provides advertising and marketing services to certain manufacturers and distributors of the products it sells.

Executives

Hsin-liang Christopher Lee	director	3F, NO. 11 KE JUNG RD., CHU-NAN SITE, HSINCHU SCIENCE PARK, MIAO LI COUNTY, CHU-HAN F5 F5 350
Guolu Li	officer: Chief Financial Officer	NO.69 QINGYUN SOUTH AVE., JINJIANG DIST., CHENGDU CITY F4 XXXXX
Yao-te Wang	director	704 NO.9 LANE 14, SHIJIAN STREET, TAINAN CITY F5 XXXXX
Quanzhong Lin	director, 10 percent owner, officer: President and CEO	9 AN RONG LU JINGNIU, BLDG 4 UNIT 163, CHENGDU F4 XXXXX
Algodon Wines & Luxury Development Group, Inc.	10 percent owner	112 NE 41ST STREET, SUITE 106, MIAMI FL 33137
Maria I. Echevarria	officer: CFO	135 FIFTH AVENUE, FLOOR 10, NEW YORK NY 10010
Scott L Mathis	director, officer: CEO and President	135 5TH AVENUE, 10TH FLOOR, NEW YORK NY 10010
Lawrence Peter J.l.	director	FLAT 6, STAVORDALE LODGE, 10-12 MELBURY ROAD, LONDON X0 W14 8LW
Diversified Private Equity Corp	10 percent owner	135 FIFTH AVENUE, 10TH FLOOR, NEW YORK NY 10010
Ronald S Robbins	officer: Exec. VP and COO	135 5TH AVENUE, 10TH FLOOR, NEW YORK NY 10010
Tim F Holderbaum	officer: Exec. VP and CFO	135 5TH AVENUE, 10TH FLOOR, NEW YORK NY 10010
Julian Beale	director	14 MARTIN COURT, UNIT #5, TOORAK, VICTORIA C3 3142
Thomas A Higgins	director, 10 percent owner	1005 COBBLESTONE DR., HIGHLANDS RANCH CO 80126
Allan Bergenfield	director, 10 percent owner
Robert Marsik	director, 10 percent owner, officer: President

AiXin Life International (AiXin Life International) Headlines

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