China Taifeng Beddings Holdings (China Taifeng Beddings Holdings) Cash-to-Debt : 3.92 (As of Jun. 2014)

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What is China Taifeng Beddings 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. China Taifeng Beddings Holdings's cash to debt ratio for the quarter that ended in Jun. 2014 was 3.92.

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 Taifeng Beddings Holdings could pay off its debt using the cash in hand for the quarter that ended in Jun. 2014.

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

CBEDF' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.01 Med: 1.96 Max: 5.14
Current: 1.96

During the past 7 years, China Taifeng Beddings Holdings's highest Cash to Debt Ratio was 5.14. The lowest was 1.01. And the median was 1.96.

CBEDF's Cash-to-Debt is not ranked
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 0.48 vs CBEDF: 1.96

China Taifeng Beddings Holdings Cash-to-Debt Historical Data

The historical data trend for China Taifeng Beddings 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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China Taifeng Beddings Holdings Cash-to-Debt Chart

China Taifeng Beddings Holdings Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Cash-to-Debt

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1.57

4.99

5.14

3.82

1.96

China Taifeng Beddings Holdings Semi-Annual Data
	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14
Cash-to-Debt	Get a 7-Day Free Trial						7.52	3.82	3.09	1.96	3.92

Competitive Comparison of China Taifeng Beddings Holdings's Cash-to-Debt

For the Textile Manufacturing subindustry, China Taifeng Beddings 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.

China Taifeng Beddings Holdings's Cash-to-Debt Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, China Taifeng Beddings Holdings's Cash-to-Debt distribution charts can be found below:

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

China Taifeng Beddings 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.

China Taifeng Beddings Holdings's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
	=	237.593	/	(77.069	+	44.453)
	=	1.96

China Taifeng Beddings Holdings's Cash to Debt Ratio for the quarter that ended in Jun. 2014 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)
	=	306.823	/	(39.846	+	38.52)
	=	3.92

China Taifeng Beddings Holdings (OTCPK:CBEDF) 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 Taifeng Beddings Holdings Cash-to-Debt Related Terms

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China Taifeng Beddings Holdings (China Taifeng Beddings Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » China Taifeng Beddings Holdings Ltd (OTCPK:CBEDF) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

Website

http://www.taifeng.cc

China Taifeng Beddings Holdings Ltd along with its subsidiaries is engaged in the manufacturing and distribution of cotton yarns and bedding products in China. The Manufacture and Distribution of Cotton Yarns segment are engaged in the manufacture of cotton yarns tailored to the requirements of customers, as well as the distribution of the cotton yarns to textile manufacturers in domestic and overseas markets. The Manufacture and Distribution of Bedding Products segment are engaged in the manufacture and distribution of bed covers, flat sheets, pillowcases, bed sheets, quilt covers and other bedding products. Its products are sold under TAIFENG brand in China market or sold to overseas original equipment manufacturer customers under their international brands.

China Taifeng Beddings Holdings (China Taifeng Beddings Holdings) Headlines

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