Anxian Yuan China Holdings (HKSE:00922) Cash-to-Debt : 14.16 (As of Sep. 2023)

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What is Anxian Yuan China 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. Anxian Yuan China Holdings's cash to debt ratio for the quarter that ended in Sep. 2023 was 14.16.

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, Anxian Yuan China Holdings could pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

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

HKSE:00922' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.09 Med: 0.45 Max: 14.16
Current: 14.16

During the past 13 years, Anxian Yuan China Holdings's highest Cash to Debt Ratio was 14.16. The lowest was 0.09. And the median was 0.45.

HKSE:00922's Cash-to-Debt is ranked better than
83.5% of 103 companies
in the Personal Services industry
Industry Median: 0.7 vs HKSE:00922: 14.16

Anxian Yuan China Holdings Cash-to-Debt Historical Data

The historical data trend for Anxian Yuan China 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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Anxian Yuan China Holdings Cash-to-Debt Chart

Anxian Yuan China Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

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0.17

0.47

1.95

4.24

7.52

Anxian Yuan China Holdings Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial															2.58	4.24	6.75	7.52	14.16

Competitive Comparison of Anxian Yuan China Holdings's Cash-to-Debt

For the Personal Services subindustry, Anxian Yuan China 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.

Anxian Yuan China Holdings's Cash-to-Debt Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Anxian Yuan China Holdings's Cash-to-Debt distribution charts can be found below:

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

Anxian Yuan China 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.

Anxian Yuan China Holdings's Cash to Debt Ratio for the fiscal year that ended in Mar. 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)
	=	340.526	/	(27.261	+	18.006)
	=	7.52

Anxian Yuan China Holdings's Cash to Debt Ratio for the quarter 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)
	=	344.424	/	(24.037	+	0.287)
	=	14.16

Anxian Yuan China Holdings (HKSE:00922) 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.

Anxian Yuan China Holdings Cash-to-Debt Related Terms

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Anxian Yuan China Holdings (HKSE:00922) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Anxian Yuan China Holdings Ltd (HKSE:00922) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

77 Leighton Road, Room 1215, Leighton Centre, Causeway Bay, Hong Kong, HKG, 999077

Website

http://www.anxianyuanchina.com

Anxian Yuan China Holdings Ltd is an investment holding company. The company is principally engaged in cemetery businesses. Geographically, the company derives maximum revenue from China. The company generates revenue from sales of tombs and niches; Management fee income and Burial services.

Executives

Excel Precise International Limited	2106 Person having a security interest in shares
Master Point Overseas Limited	2101 Beneficial owner
True Promise Investments Limited	2201 Interest of corporation controlled by you
Law Fei Shing	2201 Interest of corporation controlled by you
Shi Hua	2201 Interest of corporation controlled by you
Yan Zulin	2101 Beneficial owner
Huang Weichun	2101 Beneficial owner

Anxian Yuan China Holdings (HKSE:00922) Headlines

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