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Anchun International Holdings (SGX:BTX) Cash-to-Debt : No Debt (1) (As of Dec. 2023)


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What is Anchun International Holdings 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. Anchun International Holdings's cash to debt ratio for the quarter that ended in Dec. 2023 was No Debt (1).

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, Anchun International Holdings could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

(1) 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.

The historical rank and industry rank for Anchun International Holdings's Cash-to-Debt or its related term are showing as below:

SGX:BTX' s Cash-to-Debt Range Over the Past 10 Years
Min: 3.67   Med: No Debt   Max: No Debt
Current: No Debt

During the past 13 years, Anchun International Holdings's highest Cash to Debt Ratio was No Debt. The lowest was 3.67. And the median was No Debt.

SGX:BTX's Cash-to-Debt is ranked better than
99.74% of 1547 companies
in the Chemicals industry
Industry Median: 0.74 vs SGX:BTX: No Debt

Anchun International Holdings Cash-to-Debt Historical Data

The historical data trend for Anchun International Holdings'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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Anchun International Holdings Cash-to-Debt Chart

Anchun International Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 594.54 2,543.89 No Debt No Debt No Debt

Anchun International Holdings Semi-Annual Data
Jun14 Dec14 Jun15 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of Anchun International Holdings's Cash-to-Debt

For the Chemicals subindustry, Anchun International Holdings'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.


Anchun International Holdings's Cash-to-Debt Distribution in the Chemicals Industry

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

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



Anchun International Holdings 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.

Anchun International Holdings's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Anchun International Holdings had no debt (1).

Anchun International Holdings's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Anchun International Holdings had no debt (1).

* 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.


Anchun International Holdings  (SGX:BTX) 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.


Anchun International Holdings Cash-to-Debt Related Terms

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


Anchun International Holdings (SGX:BTX) Business Description

Traded in Other Exchanges
N/A
Address
No.539, Lusong Road, Changsha National Hi-tech Industrial Development Zone, Hunan Province, Changsha City, CHN, 410205
Anchun International Holdings Ltd is an investment holding company. The group is an integrated EPC provider of process technology, design, manufacturing, and engineering services. It has aggregated its operations into three reportable segments: Catalyst Business, Chemical Engineering and Technology Engineering Services; and Chemical Systems and Components Business. The catalyst business segment involves manufacturing a variety of catalysts for use in the process of gas making. The Chemical Engineering segment involves providing chemical systems engineering and technology design services for the production of ammonia and methanol-related products. The Chemical Systems segment involves the manufacturing of chemical equipment. It derived revenue from the PRC.

Anchun International Holdings (SGX:BTX) Headlines

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