Origin Agritech (FRA:39O1) Cash-to-Debt : 44.37 (As of Mar. 2024)

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What is Origin Agritech 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. Origin Agritech's cash to debt ratio for the quarter that ended in Mar. 2024 was 44.37.

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, Origin Agritech 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 Origin Agritech's Cash-to-Debt or its related term are showing as below:

FRA:39O1' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.11 Max: 98.46
Current: 42.53

During the past 13 years, Origin Agritech's highest Cash to Debt Ratio was 98.46. The lowest was 0.02. And the median was 0.11.

FRA:39O1's Cash-to-Debt is ranked better than
89.12% of 239 companies
in the Agriculture industry
Industry Median: 0.63 vs FRA:39O1: 42.53

Origin Agritech Cash-to-Debt Historical Data

The historical data trend for Origin Agritech'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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Origin Agritech Cash-to-Debt Chart

Origin Agritech Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Cash-to-Debt

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0.04

0.16

0.11

0.13

98.19

Origin Agritech Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															0.05	0.13	0.10	98.19	44.37

Competitive Comparison of Origin Agritech's Cash-to-Debt

For the Agricultural Inputs subindustry, Origin Agritech'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.

Origin Agritech's Cash-to-Debt Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Origin Agritech's Cash-to-Debt distribution charts can be found below:

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

Origin Agritech 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.

Origin Agritech's Cash to Debt Ratio for the fiscal year that ended in Sep. 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)
	=	3.044	/	(0.015	+	0.016)
	=	98.19

Origin Agritech'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)
	=	1.331	/	(0.014	+	0.016)
	=	44.37

Origin Agritech (FRA:39O1) 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.

Origin Agritech Cash-to-Debt Related Terms

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Origin Agritech (FRA:39O1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Origin Agritech Ltd (FRA:39O1) » Definitions » Cash-to-Debt

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Traded in Other Exchanges

SEED:USA

Address

No. 21 Sheng Ming Yuan Road, Changping District, Beijing, CHN, 102206

Website

http://www.originseed.com.cn

Origin Agritech Ltd is a Chinese agricultural technology company. In crop seed biotechnologies, the company's phytase corn was the first transgenic corn to receive the Bio-Safety Certificate from China's Ministry of Agriculture. Origin has established a robust biotechnology seed pipeline including products with glyphosate tolerance and pest resistance (Bt) traits.

Origin Agritech (FRA:39O1) Headlines

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