Guangdong Lifestrong Pharmacy Co (SZSE:301111) Cash-to-Debt : 14.28 (As of Mar. 2024)

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What is Guangdong Lifestrong Pharmacy 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. Guangdong Lifestrong Pharmacy Co's cash to debt ratio for the quarter that ended in Mar. 2024 was 14.28.

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, Guangdong Lifestrong Pharmacy Co could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

The historical rank and industry rank for Guangdong Lifestrong Pharmacy Co's Cash-to-Debt or its related term are showing as below:

SZSE:301111' s Cash-to-Debt Range Over the Past 10 Years
Min: 2.03 Med: 284.81 Max: No Debt
Current: 14.28

During the past 7 years, Guangdong Lifestrong Pharmacy Co's highest Cash to Debt Ratio was No Debt. The lowest was 2.03. And the median was 284.81.

SZSE:301111's Cash-to-Debt is ranked better than
79.08% of 1047 companies
in the Drug Manufacturers industry
Industry Median: 0.93 vs SZSE:301111: 14.28

Guangdong Lifestrong Pharmacy Co Cash-to-Debt Historical Data

The historical data trend for Guangdong Lifestrong Pharmacy 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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Guangdong Lifestrong Pharmacy Co Cash-to-Debt Chart

Guangdong Lifestrong Pharmacy Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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No Debt

491.15

1,638.58

14.62

Guangdong Lifestrong Pharmacy Co Quarterly Data
	Dec17	Dec18	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															126.04	16.39	15.47	14.62	14.28

Competitive Comparison of Guangdong Lifestrong Pharmacy Co's Cash-to-Debt

For the Drug Manufacturers - Specialty & Generic subindustry, Guangdong Lifestrong Pharmacy 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.

Guangdong Lifestrong Pharmacy Co's Cash-to-Debt Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Guangdong Lifestrong Pharmacy Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Guangdong Lifestrong Pharmacy Co's Cash-to-Debt falls into.

Guangdong Lifestrong Pharmacy 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.

Guangdong Lifestrong Pharmacy 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)
	=	203.968	/	(3.867	+	10.087)
	=	14.62

Guangdong Lifestrong Pharmacy 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)
	=	196.625	/	(3.801	+	9.973)
	=	14.28

Guangdong Lifestrong Pharmacy Co (SZSE:301111) 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.

Guangdong Lifestrong Pharmacy Co Cash-to-Debt Related Terms

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Guangdong Lifestrong Pharmacy Co (SZSE:301111) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Guangdong Lifestrong Pharmacy Co Ltd (SZSE:301111) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

No. 08, District 16, Chaoyang Road, Jinyuan Industrial City, Guangdong Province, Shantou, CHN, 515064

Website

http://www.wnqzy.com.cn

Guangdong Lifestrong Pharmacy Co Ltd is engaged in the research and development, production and sales of proprietary Chinese medicines.

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