Yangzijiang Financial Holding (Yangzijiang Financial Holding) Cash-to-Debt : 3,625.18 (As of Dec. 2023)

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What is Yangzijiang Financial Holding 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. Yangzijiang Financial Holding's cash to debt ratio for the quarter that ended in Dec. 2023 was 3,625.18.

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, Yangzijiang Financial Holding 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 Yangzijiang Financial Holding's Cash-to-Debt or its related term are showing as below:

YNGFF' s Cash-to-Debt Range Over the Past 10 Years
Min: 202 Med: No Debt Max: No Debt
Current: 3628.42

During the past 5 years, Yangzijiang Financial Holding's highest Cash to Debt Ratio was No Debt. The lowest was 202.00. And the median was No Debt.

YNGFF's Cash-to-Debt is ranked better than
64.51% of 1468 companies
in the Asset Management industry
Industry Median: 5.66 vs YNGFF: 3628.42

Yangzijiang Financial Holding Cash-to-Debt Historical Data

The historical data trend for Yangzijiang Financial Holding'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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Yangzijiang Financial Holding Cash-to-Debt Chart

Yangzijiang Financial Holding Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

No Debt

201.99

3,625.18

Yangzijiang Financial Holding Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial			No Debt	No Debt	201.99	2,672.62	3,625.18

Competitive Comparison of Yangzijiang Financial Holding's Cash-to-Debt

For the Asset Management subindustry, Yangzijiang Financial Holding'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.

Yangzijiang Financial Holding's Cash-to-Debt Distribution in the Asset Management Industry

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

* The bar in red indicates where Yangzijiang Financial Holding's Cash-to-Debt falls into.

Yangzijiang Financial Holding 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.

Yangzijiang Financial Holding'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)
	=	1993.847	/	(0.281	+	0.269)
	=	3,625.18

Yangzijiang Financial Holding'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)
	=	1993.847	/	(0.281	+	0.269)
	=	3,625.18

Yangzijiang Financial Holding (OTCPK:YNGFF) 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.

Yangzijiang Financial Holding Cash-to-Debt Related Terms

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

Yangzijiang Financial Holding (Yangzijiang Financial Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Yangzijiang Financial Holding Ltd (OTCPK:YNGFF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

YF8:Singapore

Address

9 Raffles Place, No. 54-01 Republic Plaza, Singapore, SGP, 048619

Website

https://www.yzjfin.com

Yangzijiang Financial Holding Ltd operates as an investment management business, which seeks capital appreciation and investment income from investments in both public and private companies as funds, as well as deploying funds into various situations, and the debt investment business, which is primarily made up of debt investments. The principal activities of the Group consist of micro-financing, debt investments at amortized cost, fund management and other investments and therefore management considers that the Group operates in one single business segment at two geographical locations.

Yangzijiang Financial Holding (Yangzijiang Financial Holding) Headlines

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