Ah Vest (JSE:AHL) Cash-to-Debt : 0.01 (As of Dec. 2023)

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What is Ah Vest 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. Ah Vest's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.01.

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, Ah Vest 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 Ah Vest's Cash-to-Debt or its related term are showing as below:

JSE:AHL' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.02 Max: 0.08
Current: 0.01

During the past 12 years, Ah Vest's highest Cash to Debt Ratio was 0.08. The lowest was 0.00. And the median was 0.02.

JSE:AHL's Cash-to-Debt is not ranked
in the Consumer Packaged Goods industry.
Industry Median: 0.52 vs JSE:AHL: 0.01

Ah Vest Cash-to-Debt Historical Data

The historical data trend for Ah Vest'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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Ah Vest Cash-to-Debt Chart

Ah Vest Annual Data

Trend

Mar12

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

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0.02

0.04

0.03

0.02

0.01

Ah Vest Semi-Annual Data
	Mar10	Mar11	Mar12	Jun15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.01	0.02	0.02	0.01	0.01

Competitive Comparison of Ah Vest's Cash-to-Debt

For the Packaged Foods subindustry, Ah Vest'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.

Ah Vest's Cash-to-Debt Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Ah Vest's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Ah Vest's Cash-to-Debt falls into.

Ah Vest 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.

Ah Vest's Cash to Debt Ratio for the fiscal year that ended in Jun. 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)
	=	0.609	/	(10.912	+	33.115)
	=	0.01

Ah Vest'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)
	=	0.199	/	(6.582	+	24.917)
	=	0.01

Ah Vest (JSE:AHL) 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.

Ah Vest Cash-to-Debt Related Terms

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Ah Vest (JSE:AHL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Ah Vest Ltd (JSE:AHL) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

15 Misgund Road, Eikenhof, Johannesburg, GT, ZAF, 1872

Website

http://www.alljoy.co.za

Ah Vest Ltd is involved in the manufacturing of food sauces and condiments for supply to retail chains, independent traders, and the catering industry. The company operates in a single segment which is Sauces. Geographically it only operates in South Africa.