China General Education Group (HKSE:02175) Cash-to-Debt : 40.19 (As of Aug. 2024)

View and export this data going back to 2021. Start your Free Trial

What is China General 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 General Education Group's cash to debt ratio for the quarter that ended in Aug. 2024 was 40.19.

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 General Education Group could pay off its debt using the cash in hand for the quarter that ended in Aug. 2024.

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

HKSE:02175' s Cash-to-Debt Range Over the Past 10 Years
Min: 40.19 Med: No Debt Max: No Debt
Current: 40.19

During the past 7 years, China General Education Group's highest Cash to Debt Ratio was No Debt. The lowest was 40.19. And the median was No Debt.

HKSE:02175's Cash-to-Debt is ranked better than
84.7% of 268 companies
in the Education industry
Industry Median: 1.35 vs HKSE:02175: 40.19

China General Education Group Cash-to-Debt Historical Data

The historical data trend for China General 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.

* Premium members only.

China General Education Group Cash-to-Debt Chart

China General Education Group Annual Data

Trend

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Aug24

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

1,082.59

42.25

40.19

China General Education Group Semi-Annual Data
	Aug18	Aug19	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24	Aug24
Cash-to-Debt	Get a 7-Day Free Trial						1,082.59	42.89	42.25	43.33	40.19

Competitive Comparison of China General Education Group's Cash-to-Debt

For the Education & Training Services subindustry, China General 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 General Education Group's Cash-to-Debt Distribution in the Education Industry

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

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

Save Embed

;

Save Embed

;

China General 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 General Education Group's Cash to Debt Ratio for the fiscal year that ended in Aug. 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)
	=	835.549	/	(2.153	+	18.636)
	=	40.19

China General Education Group's Cash to Debt Ratio for the quarter that ended in Aug. 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)
	=	835.549	/	(2.153	+	18.636)
	=	40.19

China General Education Group (HKSE:02175) 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 General Education Group Cash-to-Debt Related Terms

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

China General Education Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » China General Education Group Ltd (HKSE:02175) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 99 Wucheng South Road, Xiaodian District, Shanxi Province, Taiyuan, CHN

Website

http://www.chinageg.cn

China General Education Group Ltd is principally engaged in the provision of higher education services. The company operates one college, Shanxi Technology and Business College, in which it offers bachelor's degree programs in a total of around 39 majors including three concentrations to undergraduate students including accounting, auditing, civil engineering, and business administration. The Company also focuses on providing applied courses and internship training opportunities. The Group generates maximum revenue from Mainland China.

Executives

Futu Trustee Limited	2301 Trustee
Niu Sanping	2201 Interest of corporation controlled by you
Niusanping Limited	2101 Beneficial owner
Niu Jian	2201 Interest of corporation controlled by you
Niujian Limited	2101 Beneficial owner

China General Education Group Headlines

No Headlines