Alibaba Health Information Technology (HKSE:00241) Cash-to-Debt : 137.20 (As of Sep. 2023)

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What is Alibaba Health Information Technology 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. Alibaba Health Information Technology's cash to debt ratio for the quarter that ended in Sep. 2023 was 137.20.

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, Alibaba Health Information Technology could pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

The historical rank and industry rank for Alibaba Health Information Technology's Cash-to-Debt or its related term are showing as below:

HKSE:00241' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.02 Med: 138.76 Max: No Debt
Current: 137.2

During the past 13 years, Alibaba Health Information Technology's highest Cash to Debt Ratio was No Debt. The lowest was 1.02. And the median was 138.76.

HKSE:00241's Cash-to-Debt is ranked better than
93.01% of 658 companies
in the Healthcare Providers & Services industry
Industry Median: 0.74 vs HKSE:00241: 137.20

Alibaba Health Information Technology Cash-to-Debt Historical Data

The historical data trend for Alibaba Health Information Technology'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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Alibaba Health Information Technology Cash-to-Debt Chart

Alibaba Health Information Technology Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

Get a 7-Day Free Trial

1.19

42.97

308.34

77.89

140.33

Alibaba Health Information Technology Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial															166.35	77.89	127.56	140.33	137.20

Competitive Comparison of Alibaba Health Information Technology's Cash-to-Debt

For the Pharmaceutical Retailers subindustry, Alibaba Health Information Technology'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.

Alibaba Health Information Technology's Cash-to-Debt Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Alibaba Health Information Technology's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Alibaba Health Information Technology's Cash-to-Debt falls into.

Alibaba Health Information Technology 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.

Alibaba Health Information Technology's Cash to Debt Ratio for the fiscal year that ended in Mar. 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)
	=	12434.602	/	(42.641	+	45.971)
	=	140.33

Alibaba Health Information Technology's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	12985.997	/	(41.716	+	52.932)
	=	137.20

Alibaba Health Information Technology (HKSE:00241) 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.

Alibaba Health Information Technology Cash-to-Debt Related Terms

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Alibaba Health Information Technology (HKSE:00241) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Alibaba Health Information Technology Ltd (HKSE:00241) » Definitions » Cash-to-Debt

Comparable Companies

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Address

Guanghua Road, 65/F, CITIC Tower, Building 1, No.10, Jianwai Subdistrict, Chaoyang District, Beijing, CHN

Website

https://www.alihealth.cn

Alibaba Health is of one of China's leading e-commerce platform specializing in healthcare-related products, including prescription drugs, OTC drugs, traditional Chinese medicine, health foods, and so on. The company operates both a third-party B2C service, or 3P, and its own direct-to-consumer business, or 1P, with its own inventory, which can both be accessed by Alibaba's Tmall app and Alipay. The company also provides online consultation services in a separate app called Yilu or "Dr. Deer", although its e-commerce businesses remain its core competency in the long-term. E-commerce accounted for 97% of revenue in fiscal year 2022. We estimate that AliHealth holds about 45% of market share in the industry in terms of GMV. AliHealth is 63.74% owned by its parent company, Alibaba Group.

Alibaba Health Information Technology (HKSE:00241) Headlines

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