Guilin Layn Natural Ingredients (SZSE:002166) Cash-to-Debt : 0.31 (As of Mar. 2024)

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What is Guilin Layn Natural Ingredients 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. Guilin Layn Natural Ingredients'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, Guilin Layn Natural Ingredients 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 Guilin Layn Natural Ingredients's Cash-to-Debt or its related term are showing as below:

SZSE:002166' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.03 Med: 0.26 Max: 1.48
Current: 0.31

During the past 13 years, Guilin Layn Natural Ingredients's highest Cash to Debt Ratio was 1.48. The lowest was 0.03. And the median was 0.26.

SZSE:002166's Cash-to-Debt is ranked worse than
60.8% of 1811 companies
in the Consumer Packaged Goods industry
Industry Median: 0.52 vs SZSE:002166: 0.31

Guilin Layn Natural Ingredients Cash-to-Debt Historical Data

The historical data trend for Guilin Layn Natural Ingredients'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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Guilin Layn Natural Ingredients Cash-to-Debt Chart

Guilin Layn Natural Ingredients Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.63

0.36

0.15

0.90

0.28

Guilin Layn Natural Ingredients 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															0.78	0.56	0.39	0.28	0.31

Competitive Comparison of Guilin Layn Natural Ingredients's Cash-to-Debt

For the Farm Products subindustry, Guilin Layn Natural Ingredients'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.

Guilin Layn Natural Ingredients's Cash-to-Debt Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Guilin Layn Natural Ingredients's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Guilin Layn Natural Ingredients's Cash-to-Debt falls into.

Guilin Layn Natural Ingredients 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.

Guilin Layn Natural Ingredients'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)
	=	191.026	/	(621.989	+	65.171)
	=	0.28

Guilin Layn Natural Ingredients'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)
	=	248.728	/	(769.72	+	45.069)
	=	0.31

Guilin Layn Natural Ingredients (SZSE:002166) 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.

Guilin Layn Natural Ingredients Cash-to-Debt Related Terms

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

Guilin Layn Natural Ingredients (SZSE:002166) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Guilin Layn Natural Ingredients Corp (SZSE:002166) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

No. 22 Lijiang Road, Guilin International Center, Zone A, 3F, Guilin, Guangxi, CHN, 541004

Website

http://www.layn.com.cn

Guilin Layn Natural Ingredients Corp is engaged in the development and production of active ingredients derived from plants. The company's product portfolio includes plant-based sweeteners, natural flavors and functional ingredients for food and beverage, pharmaceutical and personal care industries.

Executives

Yao Xin De	Director
Huang Li Juan	Independent director
Qin Ben Jun	Directors, executives
Liu Hong Yu	Independent director
Bai Yu	Directors, executives
Jiang Xiao San	Directors, executives
Jiang Zhi Gang	Supervisors
Xie Yong Fu	Executives

Guilin Layn Natural Ingredients (SZSE:002166) Headlines

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