DaChan Food (Asia) (HKSE:03999) Cash-to-Debt : 0.94 (As of Dec. 2023)

View and export this data going back to 2007. Start your Free Trial

What is DaChan Food (Asia) 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. DaChan Food (Asia)'s cash to debt ratio for the quarter that ended in Dec. 2023 was 0.94.

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, DaChan Food (Asia) 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 DaChan Food (Asia)'s Cash-to-Debt or its related term are showing as below:

HKSE:03999' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.36 Med: 0.55 Max: 1.42
Current: 0.94

During the past 13 years, DaChan Food (Asia)'s highest Cash to Debt Ratio was 1.42. The lowest was 0.36. And the median was 0.55.

HKSE:03999's Cash-to-Debt is ranked better than
61.08% of 1860 companies
in the Consumer Packaged Goods industry
Industry Median: 0.52 vs HKSE:03999: 0.94

DaChan Food (Asia) Cash-to-Debt Historical Data

The historical data trend for DaChan Food (Asia)'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.

* Premium members only.

DaChan Food (Asia) Cash-to-Debt Chart

DaChan Food (Asia) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.38

0.67

1.42

1.30

0.94

DaChan Food (Asia) Quarterly Data
	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															1.30	1.02	0.90	0.94	N/A

Competitive Comparison of DaChan Food (Asia)'s Cash-to-Debt

For the Packaged Foods subindustry, DaChan Food (Asia)'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.

DaChan Food (Asia)'s Cash-to-Debt Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, DaChan Food (Asia)'s Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where DaChan Food (Asia)'s Cash-to-Debt falls into.

DaChan Food (Asia) 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.

DaChan Food (Asia)'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)
	=	576.356	/	(304.022	+	309.701)
	=	0.94

DaChan Food (Asia)'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)
	=	576.356	/	(304.022	+	309.701)
	=	0.94

DaChan Food (Asia) (HKSE:03999) 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.

DaChan Food (Asia) Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of DaChan Food (Asia)'s Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

DaChan Food (Asia) (HKSE:03999) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » DaChan Food (Asia) Ltd (HKSE:03999) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

No. 6 Chaowai Street, Room 401, 4th Floor, Office Tower C, Vanton Center, Chaoyang District, Beijing, CHN, 100020

Website

https://www.dfa3999.com

DaChan Food (Asia) Ltd is an investment holding company. It operates through three segments namely, the Chicken Meat segment which carries on a business of broiler farming, hatching of broiler breeder eggs, contract farming, processing and marketing of chilled and frozen chicken meat marketed under the brand of DaChan and Sisters' Kitchen; The Livestock feeds segment manufactures and distributes complete feed, base mix and pre-mix for swine, layer, broiler, duck, and breeder poultry under the brands of Dr. Nupak, DaChan, and Green Knight; and The Processed food segment produces and distributes pickled, pre-fried, and instant food. The geographical regions of the group are The PRC, Japan and Rest of Asia Pacific.

Executives

Great Wall Feedtech (holdings) Ltd.	2101 Beneficial owner
Great Wall Enterprise Co., Ltd.	2201 Interest of corporation controlled by you
Great Wall International (holdings) Ltd.	2201 Interest of corporation controlled by you
Hansen, Inc.	2101 Beneficial owner

DaChan Food (Asia) (HKSE:03999) Headlines

No Headlines