Yihai Kerry Arawana Holdings Co (SZSE:300999) Cash-to-Debt : 0.75 (As of Mar. 2024)

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What is Yihai Kerry Arawana Holdings 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. Yihai Kerry Arawana Holdings Co's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.75.

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, Yihai Kerry Arawana Holdings 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 Yihai Kerry Arawana Holdings Co's Cash-to-Debt or its related term are showing as below:

SZSE:300999' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.54 Med: 0.7 Max: 0.9
Current: 0.75

During the past 8 years, Yihai Kerry Arawana Holdings Co's highest Cash to Debt Ratio was 0.90. The lowest was 0.54. And the median was 0.70.

SZSE:300999's Cash-to-Debt is ranked better than
55.19% of 1848 companies
in the Consumer Packaged Goods industry
Industry Median: 0.53 vs SZSE:300999: 0.75

Yihai Kerry Arawana Holdings Co Cash-to-Debt Historical Data

The historical data trend for Yihai Kerry Arawana Holdings 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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Yihai Kerry Arawana Holdings Co Cash-to-Debt Chart

Yihai Kerry Arawana Holdings Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.83

0.86

0.60

0.56

0.69

Yihai Kerry Arawana Holdings 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															0.61	0.70	0.74	0.69	0.75

Competitive Comparison of Yihai Kerry Arawana Holdings Co's Cash-to-Debt

For the Packaged Foods subindustry, Yihai Kerry Arawana Holdings 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.

Yihai Kerry Arawana Holdings Co's Cash-to-Debt Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Yihai Kerry Arawana Holdings Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Yihai Kerry Arawana Holdings Co's Cash-to-Debt falls into.

Yihai Kerry Arawana Holdings 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.

Yihai Kerry Arawana Holdings 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)
	=	79812.22	/	(105231.913	+	10470.789)
	=	0.69

Yihai Kerry Arawana Holdings 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)
	=	82538.024	/	(104099.978	+	5902.814)
	=	0.75

Yihai Kerry Arawana Holdings Co (SZSE:300999) 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.

Yihai Kerry Arawana Holdings Co Cash-to-Debt Related Terms

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

Yihai Kerry Arawana Holdings Co (SZSE:300999) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Yihai Kerry Arawana Holdings Co Ltd (SZSE:300999) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

15th Floor, 1379 Bocheng Road, China (Shanghai) Pilot Free Trade Zone, Shanghai, CHN, 200126

Website

https://www.yihaikerry.net.cn

Yihai Kerry Arawana Holdings Co Ltd is engaged in research and development, production and sales of kitchen food, feed ingredients and oil technology products. The company is involved in oilseed pressing, edible oil refining, special oils, oil technology, corn deep processing, wheat deep processing, soybean deep processing, rice circular economy, food raw materials, grain and oil technology research and development and other industries. Its products cover small-packaged edible oil, rice, flour, dried noodles, rice noodles, soy milk, special grains and oils for catering, food raw materials, oil technology and many other fields. Its brands are Golden Dragon Fish, Ou Li Wei Lan, Orchid Flower, Fragrant Garden, Haihuang, Feng Yuan, Golden Flavor, Ruilong and Jie Jin 100.

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