Bonny International Holding (HKSE:01906) Cash-to-Debt : 0.03 (As of Dec. 2023)

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What is Bonny International Holding 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. Bonny International Holding's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.03.

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

HKSE:01906' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.03 Med: 0.11 Max: 0.39
Current: 0.03

During the past 8 years, Bonny International Holding's highest Cash to Debt Ratio was 0.39. The lowest was 0.03. And the median was 0.11.

HKSE:01906's Cash-to-Debt is ranked worse than
88.88% of 1016 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.48 vs HKSE:01906: 0.03

Bonny International Holding Cash-to-Debt Historical Data

The historical data trend for Bonny International Holding'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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Bonny International Holding Cash-to-Debt Chart

Bonny International Holding Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.26

0.39

0.06

0.05

0.03

Bonny International Holding 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									0.06	0.05	0.05	0.01	0.03

Competitive Comparison of Bonny International Holding's Cash-to-Debt

For the Apparel Manufacturing subindustry, Bonny International Holding'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.

Bonny International Holding's Cash-to-Debt Distribution in the Manufacturing - Apparel & Accessories Industry

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

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

Bonny International Holding 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.

Bonny International Holding'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)
	=	3.991	/	(99.569	+	46.546)
	=	0.03

Bonny International Holding'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)
	=	3.991	/	(99.569	+	46.546)
	=	0.03

Bonny International Holding (HKSE:01906) 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.

Bonny International Holding Cash-to-Debt Related Terms

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

Bonny International Holding (HKSE:01906) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Bonny International Holding Ltd (HKSE:01906) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

248 Queen’s Road East, 40th Floor, Dah Sing Financial Centre, Wanchai, Hong Kong, HKG

Website

https://www.bonnychina.com

Bonny International Holding Ltd is principally engaged in the manufacturing of intimate wear products for overseas apparel companies. The segments of the company are the Brand products segment which involves the manufacture and sale of ladies Brassieres, Panties, Thermal underwear with the Bonny brand to the domestic market; and the Original Design Manufacture (ODM) products segment which engages in the manufacture and sale of Seamless underwear or other ODM products for overseas customers or their agents. Geographically the group derives key revenue from Mainland China, the United states, Germany, Japan, Netherlands and others, of which key revenue is derived from Mainland China.

Executives

Jin Guojun	2201 Interest of corporation controlled by you
Maximax Holding Corporation	2101 Beneficial owner
Yi Wu Shi Rong Zi Dan Bao You Xian Gong Si	2106 Person having a security interest in shares
Zhe Jiang Yi Wu Gao Xin Qu Kai Fa Jian She You Xian Gong Si	2106 Person having a security interest in shares
Jin Xiaohong	2101 Beneficial owner
Gong Lijin	2202 Interest of your spouse

Bonny International Holding (HKSE:01906) Headlines

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