New Focus Auto Tech Holdings (New Focus Auto Tech Holdings) Cash-to-Debt : 0.45 (As of Dec. 2023)

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What is New Focus Auto Tech 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. New Focus Auto Tech Holdings's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.45.

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, New Focus Auto Tech Holdings 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 New Focus Auto Tech Holdings's Cash-to-Debt or its related term are showing as below:

NWFAF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.11 Med: 0.37 Max: 0.89
Current: 0.45

During the past 13 years, New Focus Auto Tech Holdings's highest Cash to Debt Ratio was 0.89. The lowest was 0.11. And the median was 0.37.

NWFAF's Cash-to-Debt is ranked worse than
55.89% of 1299 companies
in the Vehicles & Parts industry
Industry Median: 0.58 vs NWFAF: 0.45

New Focus Auto Tech Holdings Cash-to-Debt Historical Data

The historical data trend for New Focus Auto Tech 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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New Focus Auto Tech Holdings Cash-to-Debt Chart

New Focus Auto Tech Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.11

0.14

0.11

0.89

0.45

New Focus Auto Tech 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															0.11	0.22	0.89	2.29	0.45

Competitive Comparison of New Focus Auto Tech Holdings's Cash-to-Debt

For the Auto Parts subindustry, New Focus Auto Tech 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.

New Focus Auto Tech Holdings's Cash-to-Debt Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, New Focus Auto Tech Holdings's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where New Focus Auto Tech Holdings's Cash-to-Debt falls into.

New Focus Auto Tech 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.

New Focus Auto Tech 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)
	=	19.456	/	(32.076	+	11.2)
	=	0.45

New Focus Auto Tech 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)
	=	19.456	/	(32.076	+	11.2)
	=	0.45

New Focus Auto Tech Holdings (OTCPK:NWFAF) 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.

New Focus Auto Tech Holdings Cash-to-Debt Related Terms

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

New Focus Auto Tech Holdings (New Focus Auto Tech Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » New Focus Auto Tech Holdings Ltd (OTCPK:NWFAF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

00360:Hong Kong

Address

180 Hennessy Road, 5th Floor, Wan Chai, Hong Kong, HKG

Website

https://www.nfa360.com

New Focus Auto Tech Holdings Ltd is an investment holding company and its subsidiaries are principally engaged in the manufacture and sale of electronic and power-related automotive parts and accessories and operating the 4S dealership stores and related business. Its segments include Manufacturing and trading Business and Automobile Dealership and Service Business. The firm generates a majority of its revenue from the Manufacturing Business segment engaged in the manufacture and sale of automobile accessories. Geographically, the company operates in America, Europe, Asia Pacific, and the People's Republic of China.

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