China Liberal Education Holdings (China Liberal Education Holdings) Cash-to-Debt : 11.84 (As of Dec. 2023)

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What is China Liberal Education Holdings 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. China Liberal Education Holdings's cash to debt ratio for the quarter that ended in Dec. 2023 was 11.84.

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, China Liberal Education Holdings could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

The historical rank and industry rank for China Liberal Education Holdings's Cash-to-Debt or its related term are showing as below:

CLEU' s Cash-to-Debt Range Over the Past 10 Years
Min: 11.84 Med: 113.47 Max: No Debt
Current: 11.84

During the past 7 years, China Liberal Education Holdings's highest Cash to Debt Ratio was No Debt. The lowest was 11.84. And the median was 113.47.

CLEU's Cash-to-Debt is ranked better than
77.95% of 263 companies
in the Education industry
Industry Median: 1.13 vs CLEU: 11.84

China Liberal Education Holdings Cash-to-Debt Historical Data

The historical data trend for China Liberal Education Holdings'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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China Liberal Education Holdings Cash-to-Debt Chart

China Liberal Education Holdings Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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113.47

44.31

680.79

12.04

11.84

China Liberal Education Holdings Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial								680.79	40.16	12.04	5.95	11.84

Competitive Comparison of China Liberal Education Holdings's Cash-to-Debt

For the Education & Training Services subindustry, China Liberal Education Holdings'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.

China Liberal Education Holdings's Cash-to-Debt Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, China Liberal Education Holdings's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where China Liberal Education Holdings's Cash-to-Debt falls into.

China Liberal Education Holdings 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.

China Liberal Education Holdings'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)
	=	20.338	/	(1.685	+	0.033)
	=	11.84

China Liberal Education Holdings's Cash to Debt Ratio for the quarter 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)
	=	20.338	/	(1.685	+	0.033)
	=	11.84

China Liberal Education Holdings (NAS:CLEU) 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.

China Liberal Education Holdings Cash-to-Debt Related Terms

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China Liberal Education Holdings (China Liberal Education Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » China Liberal Education Holdings Ltd (NAS:CLEU) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. A1 Chaoqian Road, Room 805, Block 15, Science and Technology Park, Changping District, Beijing, CHN, 102200

Website

http://www.chinaliberal.com

China Liberal Education Holdings Ltd is an educational service provider operating in China. The company's operating segment includes Sino-foreign Jointly Managed Academic Programs, textbooks and course material sales, Overseas Study Consulting Services, Technological Consulting Services for Smart Campus Solutions and Tailored Job Readiness Training Services. Geographically, it derives revenue from China.