Rubber Leaf (Rubber Leaf) Cash-to-Debt : 0.01 (As of Dec. 2023)

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What is Rubber Leaf 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. Rubber Leaf'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, Rubber Leaf 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 Rubber Leaf's Cash-to-Debt or its related term are showing as below:

RLEA' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.01 Max: 0.01
Current: 0.01

During the past 3 years, Rubber Leaf's highest Cash to Debt Ratio was 0.01. The lowest was 0.01. And the median was 0.01.

RLEA's Cash-to-Debt is not ranked
in the Chemicals industry.
Industry Median: 0.72 vs RLEA: 0.01

Rubber Leaf Cash-to-Debt Historical Data

The historical data trend for Rubber Leaf'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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Rubber Leaf Cash-to-Debt Chart

Rubber Leaf Annual Data

Trend

Dec21

Dec22

Dec23

Cash-to-Debt

0.01

Rubber Leaf Quarterly Data
	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial					0.01	-	0.01	0.02	0.01

Competitive Comparison of Rubber Leaf's Cash-to-Debt

For the Specialty Chemicals subindustry, Rubber Leaf'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.

Rubber Leaf's Cash-to-Debt Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Rubber Leaf's Cash-to-Debt distribution charts can be found below:

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

Rubber Leaf 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.

Rubber Leaf'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)
	=	0.042	/	(3.619	+	0.021)
	=	0.01

Rubber Leaf'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)
	=	0.042	/	(3.619	+	0.021)
	=	0.01

Rubber Leaf (OTCPK:RLEA) 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.

Rubber Leaf Cash-to-Debt Related Terms

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Rubber Leaf (Rubber Leaf) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Rubber Leaf Inc (OTCPK:RLEA) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Qixing Road, Weng’ao Industrial Zone, Chunhu Subdistrict, Fenghua District Ningbo, Zhejiang, CHN

Website

http://www.rubberleaf.com.cn

Rubber Leaf Inc engages in the production and sales of synthetic rubber, rubber compound, car window seals, and auto parts. It derives revenue primarily through the sale of synthetic rubber, rubber compound, car window seals, and auto parts with two sales channels. The company managed and reviewed its business as two operating segments: direct supply and indirect supply models.

Executives

Hua Wang	director, officer: CFO	318 N. CARSON STREET, STE. 208, CARSON CITY NV 89701
Xingxiu Hua	director, 10 percent owner, officer: President	318 N. CARSON STREET, STE. 208, CARSON CITY NV 89701
Yongjun Hua	director	318 N. CARSON STREET, STE. 208, CARSON CITY NV 89701

Rubber Leaf (Rubber Leaf) Headlines

From GuruFocus

Insider Sell: President, 10% Owner Xingxiu Hua Sells 22,741 Shares of Rubber Leaf Inc (RLEA)

By GuruFocus Research • 09-09-2023