Baotou Huazi Industry Co (SHSE:600191) Cash-to-Debt : 0.39 (As of Mar. 2024)

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What is Baotou Huazi Industry Co 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. Baotou Huazi Industry Co's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.39.

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, Baotou Huazi Industry Co couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

The historical rank and industry rank for Baotou Huazi Industry Co's Cash-to-Debt or its related term are showing as below:

SHSE:600191' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.4 Max: No Debt
Current: 0.39

During the past 13 years, Baotou Huazi Industry Co's highest Cash to Debt Ratio was No Debt. The lowest was 0.02. And the median was 0.40.

SHSE:600191's Cash-to-Debt is ranked worse than
55.78% of 1843 companies
in the Consumer Packaged Goods industry
Industry Median: 0.52 vs SHSE:600191: 0.39

Baotou Huazi Industry Co Cash-to-Debt Historical Data

The historical data trend for Baotou Huazi Industry Co'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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Baotou Huazi Industry Co Cash-to-Debt Chart

Baotou Huazi Industry Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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No Debt

0.02

0.18

Baotou Huazi Industry Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															0.06	0.24	0.15	0.18	0.39

Competitive Comparison of Baotou Huazi Industry Co's Cash-to-Debt

For the Confectioners subindustry, Baotou Huazi Industry Co'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.

Baotou Huazi Industry Co's Cash-to-Debt Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Baotou Huazi Industry Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Baotou Huazi Industry Co's Cash-to-Debt falls into.

Baotou Huazi Industry Co 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.

Baotou Huazi Industry Co'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)
	=	47.118	/	(172.105	+	97.779)
	=	0.17

Baotou Huazi Industry Co's Cash to Debt Ratio for the quarter that ended in Mar. 2024 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)
	=	69.237	/	(88.105	+	90.853)
	=	0.39

Baotou Huazi Industry Co (SHSE:600191) 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.

Baotou Huazi Industry Co Cash-to-Debt Related Terms

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

Baotou Huazi Industry Co (SHSE:600191) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Baotou Huazi Industry Co Ltd (SHSE:600191) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Inner Mongolia Autonomous Region, Donghe District, Baotou, CHN, 014045

Website

http://www.huazi.com

Baotou Huazi Industry Co Ltd is a China-based company engaged in the sugar business. It is involved in the production and sales of sugar. The company's main products are Prairie brand sugar products.

Executives

Lv Yu Jie	Supervisors
Huo Jun Sheng	Supervisors
Xiao Jun	Director
Wei Suo Jun	senior management
Shang Ming Jiu	senior management
Li Zhi	Supervisors

Baotou Huazi Industry Co (SHSE:600191) Headlines

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