Affinity Education Group (FRA:A0J) Cash-to-Debt : 0.39 (As of Jun. 2015)

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What is Affinity Education Group 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. Affinity Education Group's cash to debt ratio for the quarter that ended in Jun. 2015 was 0.39.

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, Affinity Education Group couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2015.

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

FRA:A0J' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.15 Med: 0.39 Max: 48.73
Current: 0.39

During the past 1 years, Affinity Education Group's highest Cash to Debt Ratio was 48.73. The lowest was 0.15. And the median was 0.39.

FRA:A0J's Cash-to-Debt is not ranked
in the Personal Services industry.
Industry Median: 0.58 vs FRA:A0J: 0.39

Affinity Education Group Cash-to-Debt Historical Data

The historical data trend for Affinity Education Group'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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Affinity Education Group Cash-to-Debt Chart

Affinity Education Group Annual Data

Trend

Dec14

Cash-to-Debt

0.15

Affinity Education Group Semi-Annual Data
	Jun14	Dec14	Jun15
Cash-to-Debt	48.75	0.15	0.39

Competitive Comparison of Affinity Education Group's Cash-to-Debt

For the Personal Services subindustry, Affinity Education Group'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.

Affinity Education Group's Cash-to-Debt Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Affinity Education Group's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Affinity Education Group's Cash-to-Debt falls into.

Affinity Education Group 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.

Affinity Education Group's Cash to Debt Ratio for the fiscal year that ended in Dec. 2014 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)
	=	2.201	/	(0.456	+	14.759)
	=	0.14

Affinity Education Group's Cash to Debt Ratio for the quarter that ended in Jun. 2015 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)
	=	9.105	/	(0.273	+	23.321)
	=	0.39

Affinity Education Group (FRA:A0J) 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.

Affinity Education Group Cash-to-Debt Related Terms

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Affinity Education Group (FRA:A0J) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Affinity Education Group Ltd (FRA:A0J) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://investors.affinityeducation.com.au

Affinity Education Group Ltd was incorporated on 21st May, 2013. The Company provides education and care to children aged six weeks to 12 years. Provision of these services includes long day care, before and after school care and occasional care. Its segments include Long day care centers, Outside school-hours care, Family day care, and Occasional care. Long day care centers are set up to primarily offer care to below school age children with working parents. The care can be both full-and-part time. Outside school-hours care provides before and after school short-term care to children of primary school age. Vacation care is also considered part of this segment, providing child care services to parents during school holidays. Family day care is the only area of child care approved under the National Quality Framework that takes place outside of a center, with care provided in the home of an approved educator. This type of care can be all day, part time, occasional or outside school hours. Occasional care offers child care services for children on a casual basis. Centers offering occasional services are primarily set up to provide flexibility to parents with irregular working hours or short-term needs. As with family day care, occasional care is a capped program.

Affinity Education Group (FRA:A0J) Headlines

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