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Agape ATP (Agape ATP) Cash-to-Debt : 9.14 (As of Mar. 2024)


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What is Agape ATP 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. Agape ATP's cash to debt ratio for the quarter that ended in Mar. 2024 was 9.14.

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, Agape ATP could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

ATPC' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.83   Med: 13.66   Max: No Debt
Current: 9.14

During the past 7 years, Agape ATP's highest Cash to Debt Ratio was No Debt. The lowest was 0.83. And the median was 13.66.

ATPC's Cash-to-Debt is ranked better than
82.92% of 1874 companies
in the Consumer Packaged Goods industry
Industry Median: 0.51 vs ATPC: 9.14

Agape ATP Cash-to-Debt Historical Data

The historical data trend for Agape ATP'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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Agape ATP Cash-to-Debt Chart

Agape ATP Annual Data
Trend Jun17 Jun18 Jun19 Dec20 Dec21 Dec22 Dec23
Cash-to-Debt
Get a 7-Day Free Trial No Debt 8.91 10.83 17.33 11.03

Agape ATP Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 26.67 2.30 0.83 11.03 9.14

Competitive Comparison of Agape ATP's Cash-to-Debt

For the Packaged Foods subindustry, Agape ATP'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.

Agape ATP's Cash-to-Debt Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Agape ATP's Cash-to-Debt distribution charts can be found below:

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


Agape ATP 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.

Agape ATP'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)
=4.832 / (0.146 + 0.292)
=11.03

Agape ATP's Cash to Debt Ratio for the quarter that ended in Mar. 2024 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)
=3.581 / (0.145 + 0.247)
=9.14

* 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.

Agape ATP  (NAS:ATPC) 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.

Agape ATP Cash-to-Debt Related Terms

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Agape ATP (Agape ATP) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Agape ATP Corp (NAS:ATPC) » Definitions » Cash-to-Debt
Comparable Companies
BFNH UMEWF FARM RGF YGF PLAG NAII ZHYBF SOWG TLCC XSWX:NESN KHC GIS XPAR:BN SHSE:603288 NSE:NESTLEIND SZSE:300999 SHSE:600887 TSE:2802 LSE:ABF
Traded in Other Exchanges
N/A
Address
Jalan Desa Bahagia, Taman Desa, Tower 2, Lot 1705-1708, 17th Floor, Faber Towers, Kuala Lumpur, SGR, MYS, 58100
Website
https://www.agapeatp.com
Agape ATP Corp through its subsidiaries is engaged in providing health and wellness products and health solution advisory services. The principal activities of the company are to supply high-quality health and wellness products, including a supplement to assist in cell metabolism, detoxification, blood circulation, anti-aging and products designed to improve the overall health system in a body. Its product portfolio includes ATP1s Survivor Select, ATP2 Energized Mineral Concentrate, ATP3 Ionized Cal-Mag, ATP4 Omega Blend, AGN-Vege Fruit Fiber and Others.