Aoxin Q & M Dental Group (SGX:1D4) Cash-to-Debt : 2.09 (As of Dec. 2023)

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What is Aoxin Q & M Dental Group 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. Aoxin Q & M Dental Group's cash to debt ratio for the quarter that ended in Dec. 2023 was 2.09.

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, Aoxin Q & M Dental Group 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 Aoxin Q & M Dental Group's Cash-to-Debt or its related term are showing as below:

SGX:1D4' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.56 Med: 27.83 Max: No Debt
Current: 2.09

During the past 11 years, Aoxin Q & M Dental Group's highest Cash to Debt Ratio was No Debt. The lowest was 0.56. And the median was 27.83.

SGX:1D4's Cash-to-Debt is ranked better than
68.53% of 661 companies
in the Healthcare Providers & Services industry
Industry Median: 0.69 vs SGX:1D4: 2.09

Aoxin Q & M Dental Group Cash-to-Debt Historical Data

The historical data trend for Aoxin Q & M Dental Group'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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Aoxin Q & M Dental Group Cash-to-Debt Chart

Aoxin Q & M Dental Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.56

0.97

0.70

1.27

2.09

Aoxin Q & M Dental Group Semi-Annual Data
	Dec13	Dec14	Dec15	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														0.70	1.07	1.27	1.21	2.09

Competitive Comparison of Aoxin Q & M Dental Group's Cash-to-Debt

For the Medical Care Facilities subindustry, Aoxin Q & M Dental Group'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.

Aoxin Q & M Dental Group's Cash-to-Debt Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Aoxin Q & M Dental Group's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Aoxin Q & M Dental Group's Cash-to-Debt falls into.

Aoxin Q & M Dental Group 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.

Aoxin Q & M Dental Group'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)
	=	9.549	/	(1.31	+	3.266)
	=	2.09

Aoxin Q & M Dental Group'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)
	=	9.549	/	(1.31	+	3.266)
	=	2.09

Aoxin Q & M Dental Group (SGX:1D4) 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.

Aoxin Q & M Dental Group Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Aoxin Q & M Dental Group's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Aoxin Q & M Dental Group (SGX:1D4) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Aoxin Q & M Dental Group Ltd (SGX:1D4) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

80 Robinson Road, No. 02-00, Singapore, SGP, 068898

Website

https://www.aoxinqm.com.sg

Aoxin Q & M Dental Group Ltd is a dental service provider. The company provides private dental services and dental equipment and supplies in the Liaoning Province, Northern PRC. Its services include Stomatology and general dentistry; Endodontics; Orthodontics, Periodontics, and Many more. The segments and the types of products and services are Primary Healthcare comprising Dentistry services, Distribution of Dental Equipment and Supplies, which includes the distribution of equipment and supplies used in the provision of dental services and Laboratory Services comprising the manufacturing of porcelain crown, bridges, and dentures.

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