Noah Holdings (Noah Holdings) Cash-to-Debt : 40.27 (As of Dec. 2023)

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What is Noah 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. Noah Holdings's cash to debt ratio for the quarter that ended in Dec. 2023 was 40.27.

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

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

NOAH' s Cash-to-Debt Range Over the Past 10 Years
Min: 2.92 Med: 16.98 Max: 40.27
Current: 40.27

During the past 13 years, Noah Holdings's highest Cash to Debt Ratio was 40.27. The lowest was 2.92. And the median was 16.98.

NOAH's Cash-to-Debt is ranked better than
58.37% of 1475 companies
in the Asset Management industry
Industry Median: 5.5 vs NOAH: 40.27

Noah Holdings Cash-to-Debt Historical Data

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

Noah Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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13.51

18.23

15.74

28.17

40.27

Noah Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															28.17	53.40	65.42	69.33	40.27

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

For the Asset Management subindustry, Noah 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.

Noah Holdings's Cash-to-Debt Distribution in the Asset Management Industry

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

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

Noah 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.

Noah 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)
	=	780.312	/	(8.659	+	10.719)
	=	40.27

Noah 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)
	=	780.312	/	(8.659	+	10.719)
	=	40.27

Noah Holdings (NYSE:NOAH) 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.

Noah Holdings Cash-to-Debt Related Terms

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Noah Holdings (Noah Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Noah Holdings Ltd (NYSE:NOAH) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

06686:Hong Kong 6NO:Germany

Address

1687 Changyang Road, Changyang Valley, Building 2, Shanghai, CHN, 200090

Website

https://ir.noahgroup.com

Noah Holdings Ltd is a wealth management service provider. It focuses on wealth investment and asset allocation services for high-net-worth individuals and enterprises in China. The company operates through three segments: wealth management, asset management, and other business. Its product offerings consisting of over-the-counter wealth management and OTC asset management products and mutual fund products. The portfolio of the group mostly includes fixed income products, private equity funds and securities investment funds. Majority of the firm revenue is generated through one-time commissions and recurring service fees paid by third-party product providers.