Australian Dairy Nutritionals (ASX:AHF) Cash-to-Debt : 0.35 (As of Dec. 2023)

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What is Australian Dairy Nutritionals 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. Australian Dairy Nutritionals's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.35.

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, Australian Dairy Nutritionals couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

The historical rank and industry rank for Australian Dairy Nutritionals's Cash-to-Debt or its related term are showing as below:

ASX:AHF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.15 Med: 0.48 Max: 5.14
Current: 0.35

During the past 13 years, Australian Dairy Nutritionals's highest Cash to Debt Ratio was 5.14. The lowest was 0.15. And the median was 0.48.

ASX:AHF's Cash-to-Debt is ranked worse than
57.87% of 1854 companies
in the Consumer Packaged Goods industry
Industry Median: 0.53 vs ASX:AHF: 0.35

Australian Dairy Nutritionals Cash-to-Debt Historical Data

The historical data trend for Australian Dairy Nutritionals'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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Australian Dairy Nutritionals Cash-to-Debt Chart

Australian Dairy Nutritionals Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

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0.30

0.50

0.96

2.23

1.93

Australian Dairy Nutritionals Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															3.05	2.23	2.41	1.93	0.35

Competitive Comparison of Australian Dairy Nutritionals's Cash-to-Debt

For the Packaged Foods subindustry, Australian Dairy Nutritionals'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.

Australian Dairy Nutritionals's Cash-to-Debt Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Australian Dairy Nutritionals's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Australian Dairy Nutritionals's Cash-to-Debt falls into.

Australian Dairy Nutritionals 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.

Australian Dairy Nutritionals's Cash to Debt Ratio for the fiscal year that ended in Jun. 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)
	=	2.007	/	(0.556	+	0.485)
	=	1.93

Australian Dairy Nutritionals'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)
	=	0.403	/	(0.907	+	0.241)
	=	0.35

Australian Dairy Nutritionals (ASX:AHF) 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.

Australian Dairy Nutritionals Cash-to-Debt Related Terms

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

Australian Dairy Nutritionals (ASX:AHF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Australian Dairy Nutritionals Ltd (ASX:AHF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

160 Depot Road, Camperdown, Sydney, VIC, AUS, 3260

Website

https://www.adfl.com.au

Australian Dairy Nutritionals Ltd is a vertically integrated dairy producer in Australia. The company's operating segment includes Nutritional Powders and Dairy Processing. It generates maximum revenue from the Dairy Processing segment. Dairy Processing segment includes the processing and sale of dairy products to domestic markets. The Dairy Farms segment includes the ownership and operation of dairy farms and dairy livestock for the production and sale of fresh raw milk for conversion to milk and milk products. Its product portfolio includes Milk; Yoghurt; Butter and Stockist. Geographically, it derives a majority of its revenue from Australia.

Australian Dairy Nutritionals (ASX:AHF) Headlines

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