Tianli Holdings Group (HKSE:00117) Cash-to-Debt : 0.20 (As of Jun. 2024)

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What is Tianli Holdings Group 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. Tianli Holdings Group's cash to debt ratio for the quarter that ended in Jun. 2024 was 0.20.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Tianli Holdings Group couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2024.

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

HKSE:00117' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.08 Med: 0.4 Max: 1.54
Current: 0.08

During the past 13 years, Tianli Holdings Group's highest Cash to Debt Ratio was 1.54. The lowest was 0.08. And the median was 0.40.

HKSE:00117's Cash-to-Debt is ranked worse than
95.91% of 2443 companies
in the Hardware industry
Industry Median: 1.45 vs HKSE:00117: 0.08

Tianli Holdings Group Cash-to-Debt Historical Data

The historical data trend for Tianli Holdings Group'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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Tianli Holdings Group Cash-to-Debt Chart

Tianli Holdings Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash-to-Debt

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0.23

0.15

0.31

0.37

0.08

Tianli Holdings Group Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Cash-to-Debt	Get a 7-Day Free Trial															0.31	0.31	0.37	0.20	0.08

Competitive Comparison of Tianli Holdings Group's Cash-to-Debt

For the Electronic Components subindustry, Tianli Holdings Group'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.

Tianli Holdings Group's Cash-to-Debt Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Tianli Holdings Group's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Tianli Holdings Group's Cash-to-Debt falls into.

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Tianli Holdings Group 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.

Tianli Holdings Group'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)
	=	441.638	/	(793.02	+	394.423)
	=	0.37

Tianli Holdings Group's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	268.19	/	(886.079	+	440.307)
	=	0.20

Tianli Holdings Group (HKSE:00117) 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.

Tianli Holdings Group Cash-to-Debt Related Terms

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

Tianli Holdings Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Tianli Holdings Group Ltd (HKSE:00117) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

99 Queen’s Road Central, Suites 2711-12, 27th Floor, The Center, Hong Kong, HKG

Website

http://www.tlhg.com.hk

Tianli Holdings Group Ltd is an investment holding company principally engaged in the manufacturing and sales of electronic products with current focus on multi-layer ceramic chips (MLCC) products. It also provides financial services including direct investments in debt, equity and any other assets, asset management, and financial advisory services. The company operates in Mainland China, Hong Kong, and Other countries.

Executives

Cosmic Riches Investments Limited	2101 Beneficial owner
Du Weilin	2201 Interest of corporation controlled by you
Du Weilin	2201 Interest of corporation controlled by you
Cosmic Riches Investments Limited	2101 Beneficial owner
Dong Jufeng	2201 Interest of corporation controlled by you
Jia Tianjiang	2201 Interest of corporation controlled by you
Ningxia Tianyuan Manganese Industry Group Co., Ltd.	2201 Interest of corporation controlled by you

Tianli Holdings Group Headlines

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