Justin Allen Holdings (HKSE:01425) Cash-to-Debt : 32.92 (As of Dec. 2023)

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What is Justin Allen 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. Justin Allen Holdings's cash to debt ratio for the quarter that ended in Dec. 2023 was 32.92.

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, Justin Allen Holdings 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 Justin Allen Holdings's Cash-to-Debt or its related term are showing as below:

HKSE:01425' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.3 Med: 4.46 Max: 56.85
Current: 32.92

During the past 8 years, Justin Allen Holdings's highest Cash to Debt Ratio was 56.85. The lowest was 0.30. And the median was 4.46.

HKSE:01425's Cash-to-Debt is ranked better than
90.94% of 1016 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.48 vs HKSE:01425: 32.92

Justin Allen Holdings Cash-to-Debt Historical Data

The historical data trend for Justin Allen 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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Justin Allen Holdings Cash-to-Debt Chart

Justin Allen Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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1.36

56.85

7.55

43.81

32.92

Justin Allen Holdings Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial								7.55	14.80	43.81	44.82	32.92

Competitive Comparison of Justin Allen Holdings's Cash-to-Debt

For the Apparel Manufacturing subindustry, Justin Allen 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.

Justin Allen Holdings's Cash-to-Debt Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Justin Allen Holdings's Cash-to-Debt distribution charts can be found below:

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

Justin Allen 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.

Justin Allen 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)
	=	548.774	/	(2.137	+	14.531)
	=	32.92

Justin Allen 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)
	=	548.774	/	(2.137	+	14.531)
	=	32.92

Justin Allen Holdings (HKSE:01425) 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.

Justin Allen Holdings Cash-to-Debt Related Terms

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Justin Allen Holdings (HKSE:01425) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Justin Allen Holdings Ltd (HKSE:01425) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

483A Castle Peak Road, 31st Floor, Excel Centre, Cheung Sha Wan, Hong Kong, HKG

Website

https://www.justinallengroup.com

Justin Allen Holdings Ltd engages in OEM garment manufacturing specializing in the production of sleepwear and loungewear products. The company offers one-stop apparel solutions comprising raw materials sourcing and greige fabric production, fabric design, and development, as well as fashion design. It derives revenue from manufacturing and sales of sleepwear products, loungewear products, and greige fabric. Its operations are spread across the United States of America, United Kingdom, Ireland, Canada, The PRC, Spain, and Cambodia.

Executives

Strategic King Holdings Limited	2101 Beneficial owner
Tam Kwok Pui	2201 Interest of corporation controlled by you
Yeung Suk Foon Paulina	2202 Interest of your spouse

Justin Allen Holdings (HKSE:01425) Headlines

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