Chuanglian Holdings (Chuanglian Holdings) Cash-to-Debt : 1.72 (As of Jun. 2023)

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What is Chuanglian 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. Chuanglian Holdings's cash to debt ratio for the quarter that ended in Jun. 2023 was 1.72.

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, Chuanglian Holdings could pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

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

COCGF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.41 Med: 9.75 Max: No Debt
Current: 1.04

During the past 13 years, Chuanglian Holdings's highest Cash to Debt Ratio was No Debt. The lowest was 0.41. And the median was 9.75.

COCGF's Cash-to-Debt is ranked worse than
55.38% of 260 companies
in the Education industry
Industry Median: 1.265 vs COCGF: 1.04

Chuanglian Holdings Cash-to-Debt Historical Data

The historical data trend for Chuanglian 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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Chuanglian Holdings Cash-to-Debt Chart

Chuanglian Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.87

1.32

1.81

1.95

1.04

Chuanglian Holdings 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															1.81	2.18	1.95	1.72	1.04

Competitive Comparison of Chuanglian Holdings's Cash-to-Debt

For the Education & Training Services subindustry, Chuanglian 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.

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

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

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

Chuanglian 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.

Chuanglian Holdings's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 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)
	=	25.359	/	(1.714	+	11.303)
	=	1.95

Chuanglian Holdings's Cash to Debt Ratio for the quarter 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)
	=	23.254	/	(1.274	+	12.265)
	=	1.72

Chuanglian Holdings (OTCPK:COCGF) 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.

Chuanglian Holdings Cash-to-Debt Related Terms

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

Chuanglian Holdings (Chuanglian Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Chuanglian Holdings Ltd (OTCPK:COCGF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

02371:Hong Kong

Address

6-8 Harbour Road, Rooms 2009-18, 20th floor, Shui On Centre, Wanchai, Hong Kong, HKG

Website

https://www.chinahrt.com

Chuanglian Holdings Ltd, formerly China Chuanglian Education Financial Group Ltd engages in investment holding and securities trading. The operating segments of the company are Financial Services, Educational consultancy and online training and education, and Securities trading. It generates maximum revenue from Educational consultancy and online training and education segment. The company has its business presence in China and Hong Kong where China stands as the highest revenue generator.

Chuanglian Holdings (Chuanglian Holdings) Headlines

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