Asia-Potash International Investment (Guangzhou) Co (SZSE:000893) Cash-to-Debt : 0.31 (As of Mar. 2024)

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What is Asia-Potash International Investment (Guangzhou) 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. Asia-Potash International Investment (Guangzhou) Co's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.31.

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, Asia-Potash International Investment (Guangzhou) 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 Asia-Potash International Investment (Guangzhou) Co's Cash-to-Debt or its related term are showing as below:

SZSE:000893' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.31 Med: 25.64 Max: No Debt
Current: 0.31

During the past 13 years, Asia-Potash International Investment (Guangzhou) Co's highest Cash to Debt Ratio was No Debt. The lowest was 0.31. And the median was 25.64.

SZSE:000893's Cash-to-Debt is ranked worse than
68.85% of 244 companies
in the Agriculture industry
Industry Median: 0.675 vs SZSE:000893: 0.31

Asia-Potash International Investment (Guangzhou) Co Cash-to-Debt Historical Data

The historical data trend for Asia-Potash International Investment (Guangzhou) 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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Asia-Potash International Investment (Guangzhou) Co Cash-to-Debt Chart

Asia-Potash International Investment (Guangzhou) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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No Debt

21.86

22.19

72.81

0.72

Asia-Potash International Investment (Guangzhou) 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															75.14	6.08	1.40	0.72	0.31

Competitive Comparison of Asia-Potash International Investment (Guangzhou) Co's Cash-to-Debt

For the Agricultural Inputs subindustry, Asia-Potash International Investment (Guangzhou) 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.

Asia-Potash International Investment (Guangzhou) Co's Cash-to-Debt Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Asia-Potash International Investment (Guangzhou) Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Asia-Potash International Investment (Guangzhou) Co's Cash-to-Debt falls into.

Asia-Potash International Investment (Guangzhou) 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.

Asia-Potash International Investment (Guangzhou) 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)
	=	755.334	/	(467.546	+	575.552)
	=	0.72

Asia-Potash International Investment (Guangzhou) 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)
	=	564.358	/	(470.971	+	1379.6)
	=	0.30

Asia-Potash International Investment (Guangzhou) Co (SZSE:000893) 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.

Asia-Potash International Investment (Guangzhou) Co Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Asia-Potash International Investment (Guangzhou) Co's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Asia-Potash International Investment (Guangzhou) Co (SZSE:000893) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Asia-Potash International Investment (Guangzhou) Co Ltd (SZSE:000893) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1166 Xin Gang East Road, 19th Floor, South Tower, International Commerce Place, Guangzhou, CHN, 510330

Website

http://www.dongling.cn

Asia-Potash International Investment (Guangzhou) Co Ltd, formerly Donlinks International Investment Co Ltd is primarily involved in the grain trading activities. It trades in corns, sorghums, feeds barleys, DDGs, and others. Further, it is also engaged in the business of overseas dry bulk carriers such as coal and iron ore and provides logistics solution. The business activities are carried out through China.

Asia-Potash International Investment (Guangzhou) Co (SZSE:000893) Headlines

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