China 21st Century Education Group (HKSE:01598) Cash-to-Debt : 0.11 (As of Jun. 2024)

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What is China 21st Century Education 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. China 21st Century Education Group's cash to debt ratio for the quarter that ended in Jun. 2024 was 0.11.

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, China 21st Century Education 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 China 21st Century Education Group's Cash-to-Debt or its related term are showing as below:

HKSE:01598' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.11 Med: 0.93 Max: 32.47
Current: 0.11

During the past 9 years, China 21st Century Education Group's highest Cash to Debt Ratio was 32.47. The lowest was 0.11. And the median was 0.93.

HKSE:01598's Cash-to-Debt is ranked worse than
91.08% of 269 companies
in the Education industry
Industry Median: 1.33 vs HKSE:01598: 0.11

China 21st Century Education Group Cash-to-Debt Historical Data

The historical data trend for China 21st Century Education 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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China 21st Century Education Group Cash-to-Debt Chart

China 21st Century Education Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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1.57

1.59

0.82

0.40

0.33

China 21st Century Education Group Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Cash-to-Debt	Get a 7-Day Free Trial												0.71	0.40	0.26	0.33	0.11

Competitive Comparison of China 21st Century Education Group's Cash-to-Debt

For the Education & Training Services subindustry, China 21st Century Education 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.

China 21st Century Education Group's Cash-to-Debt Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, China 21st Century Education Group's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where China 21st Century Education Group's Cash-to-Debt falls into.

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China 21st Century Education 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.

China 21st Century Education 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)
	=	347.997	/	(633.043	+	408.081)
	=	0.33

China 21st Century Education 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)
	=	115.824	/	(621.545	+	421.894)
	=	0.11

China 21st Century Education Group (HKSE:01598) 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 21st Century Education Group Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of China 21st Century Education Group's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

China 21st Century Education Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » China 21st Century Education Group Ltd (HKSE:01598) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Zhonghai Plaza, 15th Floor, South Tower, 8 Guanghua Dongli, Chaoyang District, Beijing, CHN, 050000

Website

https://www.21centuryedu.com

China 21st Century Education Group Ltd is a large well-established private education service provider based in the Beijing-Tianjin-Hebei region. It provides clients with customized services and solutions based on individual demand, including the preschool students in its kindergartens, the high school students in its high schools as well as the junior college, technical secondary school and continuing education students enrolled in its colleges. The group operated within one geographical segment because all of its revenue was generated in Mainland China.

Executives

Li Yasheng	2305 Beneficiary of a trust
Auri Holdings Inc.	2201 Interest of corporation controlled by you
Zenarah Anstalt	2201 Interest of corporation controlled by you
Li Yunong	2305 Beneficiary of a trust
Li Yu Nong	2101 Beneficial owner
Cao Yang	2202 Interest of your spouse
Hsbc International Trustee Limited	2301 Trustee
Leonus Holdings Limited	2201 Interest of corporation controlled by you
Sainange Holdings Company Limited	2101 Beneficial owner
Sainray Limited
Cao Ji De
Luo Xin Lan

China 21st Century Education Group Headlines

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