Asia Carbon Industries (Asia Carbon Industries) Cash-to-Debt : 3.86 (As of Jun. 2013)

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What is Asia Carbon Industries 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. Asia Carbon Industries's cash to debt ratio for the quarter that ended in Jun. 2013 was 3.86.

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, Asia Carbon Industries could pay off its debt using the cash in hand for the quarter that ended in Jun. 2013.

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

ACRB's Cash-to-Debt is not ranked ^*
in the Chemicals industry.
Industry Median: 0.73
* Ranked among companies with meaningful Cash-to-Debt only.

Asia Carbon Industries Cash-to-Debt Historical Data

The historical data trend for Asia Carbon Industries'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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Asia Carbon Industries Cash-to-Debt Chart

Asia Carbon Industries Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Cash-to-Debt

1.68

4.36

5.88

4.89

Asia Carbon Industries Quarterly Data
	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13
Cash-to-Debt	Get a 7-Day Free Trial											3.55	5.25	4.89	4.47	3.86

Competitive Comparison of Asia Carbon Industries's Cash-to-Debt

For the Specialty Chemicals subindustry, Asia Carbon Industries'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.

Asia Carbon Industries's Cash-to-Debt Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Asia Carbon Industries's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Asia Carbon Industries's Cash-to-Debt falls into.

Asia Carbon Industries 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.

Asia Carbon Industries's Cash to Debt Ratio for the fiscal year that ended in Dec. 2012 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)
	=	6.664	/	(1.364	+	0)
	=	4.89

Asia Carbon Industries's Cash to Debt Ratio for the quarter that ended in Jun. 2013 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)
	=	5.318	/	(1.377	+	0)
	=	3.86

Asia Carbon Industries (OTCPK:ACRB) 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.

Asia Carbon Industries Cash-to-Debt Related Terms

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Asia Carbon Industries (Asia Carbon Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Asia Carbon Industries Inc (OTCPK:ACRB) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Xi Gu Nan Street, Qing Xu County Taiyuan, Shanxi Province, Taiyuan City, CHN, 030407

Website

http://www.asiacarbonindustries.com

Asia Carbon Industries Inc is a United States based company, through its subsidiary, manufactures carbon black products under the Great Double Star brand and other by-products. The company manufactures one soft and two hard carbon black products, called N660, N330, and N220, respectively.

Asia Carbon Industries (Asia Carbon Industries) Headlines

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