CHINA FUND (CHINA FUND) Cash-to-Debt : No Debt ⁽¹⁾ (As of Oct. 2023)

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What is CHINA FUND 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 FUND's cash to debt ratio for the quarter that ended in Oct. 2023 was No Debt ⁽¹⁾.

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 FUND could pay off its debt using the cash in hand for the quarter that ended in Oct. 2023.

(1) 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.

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

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

During the past 7 years, CHINA FUND's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

CHN's Cash-to-Debt is ranked better than
99.93% of 1475 companies
in the Asset Management industry
Industry Median: 5.53 vs CHN: No Debt

CHINA FUND Cash-to-Debt Historical Data

The historical data trend for CHINA FUND'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 FUND Cash-to-Debt Chart

CHINA FUND Annual Data

Trend

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Cash-to-Debt

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No Debt

N/A

No Debt

CHINA FUND Semi-Annual Data
	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Cash-to-Debt	Get a 7-Day Free Trial								N/A	N/A	No Debt	No Debt	No Debt

Competitive Comparison of CHINA FUND's Cash-to-Debt

For the Asset Management subindustry, CHINA FUND'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 FUND's Cash-to-Debt Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, CHINA FUND's Cash-to-Debt distribution charts can be found below:

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

CHINA FUND Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents 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 FUND's Cash to Debt Ratio for the fiscal year that ended in Oct. 2023 is calculated as:

CHINA FUND had no debt ⁽¹⁾.

CHINA FUND's Cash to Debt Ratio for the quarter that ended in Oct. 2023 is calculated as:

CHINA FUND had no debt ⁽¹⁾.

CHINA FUND (NYSE:CHN) 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 FUND Cash-to-Debt Related Terms

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

CHINA FUND (CHINA FUND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » CHINA FUND INC (NYSE:CHN) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

C/o Brown Brothers Harriman & Co, 50 Post Office Square, Boston, MA, USA, 02110

Website

https://www.chinafundinc.com

CHINA FUND INC is a non-diversified, closed-end management investment company. Its investment objective is a long-term capital appreciation which it seeks to achieve by investing in equity securities with trading in China and outside China. It invests in various industries such as Insurance, Entertainment, Machinery, Electrical Equipment, Beverages, Hotels, Restaurants and Leisure among others.

Executives

Yan Hu	director	60 VICTORIA EMBANKMENT, LONDON X0 EC4Y 0JP
Theresa Noriega-lum	officer: President	4 EMBARCADERO CENTER, SUITE 550, SAN FRANCISCO CA 94111
Iwanicki George John Jr	director	8K THORMAN LANE, HUNTINGTON NY 11743
Julian Reid	10 percent owner	C/O BROWN BROTHERS HARRIMAN, 50 POST OFFICE SQUARE, BOSTON MA 02110
City Of London Investment Group Plc	10 percent owner	77 GRACECHURCH STREET, LONDON X0 EC3V0AS
Frank L Wheeler	officer: President	FOUR EMBARCADERO CENTER, SUITE 550, SAN FRANCISCO CA 94111
Michael F Holland	director
Richard Silver	10 percent owner	C/O STATE STREET BANK AND TRUST COMPANY, ONE LINCOLN STREET, BOSTON MA 02111
City Of London Investment Management Co Ltd	10 percent owner	77 GRACECHURCH STREET, LONDON X0 EC3V0AS
Heiko Mildner	other: Affiliated Person	1633 BROADWAY, NEW YORK NY 10019
Kathleen C. Thompson	other: Affiliated Person	1633 BROADWAY, NEW YORK NY 10019
Jeffrey D Parker	other: See remarks	1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Douglas Eu	other: SEE REMARKS	C/O ALLIANZ GLOBAL INVESTORS U.S. LLC, 1633 BROADWAY, NEW YORK NY 10019
William Grau	other: SEE REMARKS	C/O ALLIANZ GLOBAL INVESTORS U.S. LLC, 1633 BROADWAY, NEW YORK NY 10019
Laura F. Dell	officer: Treasurer	100 HUNTINGTON AVENUE, CPH 0326, BOSTON MA 02116