Global Sweeteners Holdings (HKSE:03889) Cash-to-Debt : 0.03 (As of Dec. 2023)

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What is Global Sweeteners 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. Global Sweeteners Holdings's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.03.

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, Global Sweeteners Holdings couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

HKSE:03889' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.03 Max: 0.18
Current: 0.03

During the past 13 years, Global Sweeteners Holdings's highest Cash to Debt Ratio was 0.18. The lowest was 0.01. And the median was 0.03.

HKSE:03889's Cash-to-Debt is ranked worse than
91.35% of 1873 companies
in the Consumer Packaged Goods industry
Industry Median: 0.52 vs HKSE:03889: 0.03

Global Sweeteners Holdings Cash-to-Debt Historical Data

The historical data trend for Global Sweeteners 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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Global Sweeteners Holdings Cash-to-Debt Chart

Global Sweeteners Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.03

0.02

0.01

0.03

Global Sweeteners Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.01	0.01	0.01	0.01	0.03

Competitive Comparison of Global Sweeteners Holdings's Cash-to-Debt

For the Packaged Foods subindustry, Global Sweeteners 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.

Global Sweeteners Holdings's Cash-to-Debt Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Global Sweeteners Holdings's Cash-to-Debt distribution charts can be found below:

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

Global Sweeteners 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.

Global Sweeteners Holdings'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)
	=	13.552	/	(441.082	+	0)
	=	0.03

Global Sweeteners Holdings's Cash to Debt Ratio for the quarter 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)
	=	13.552	/	(441.082	+	0)
	=	0.03

Global Sweeteners Holdings (HKSE:03889) 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.

Global Sweeteners Holdings Cash-to-Debt Related Terms

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

Global Sweeteners Holdings (HKSE:03889) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Global Sweeteners Holdings Ltd (HKSE:03889) » Definitions » Cash-to-Debt

Traded in Other Exchanges

3GS:Germany

Address

18 Hung Luen Road, Suite 1002, 10th Floor, Tower A, Cheung Kei Center, Hung Hom, Kowloon, Hong Kong, HKG

Website

https://www.global-sweeteners.com

Global Sweeteners Holdings Ltd is an investment holding company. The company through its subsidiaries is engaged in the manufacturing and selling of corn refined products and corn-based sweetener products. Its segments include Corn refined products segment and Corn sweeteners segment. The Corn refined products segment which comprises the manufacture and sale of corn starch, gluten meal, corn oil and other corn refined products. The Corn sweeteners segment which comprises the manufacture and sale of glucose syrup, maltose syrup, high fructose corn syrup, crystallized glucose, and maltodextrin.

Executives

Wang Tieguang	2101 Beneficial owner
Kong Zhanpeng	2101 Beneficial owner
Hong Kong Huasheng Company Limited	2101 Beneficial owner
Li Tingsheng	2201 Interest of corporation controlled by you
Ji Lin Sheng Hua Sheng Shang Mao You Xian Gong Si	2201 Interest of corporation controlled by you
Global Bio-chem Technology Group Company Limited	2201 Interest of corporation controlled by you
Global Corn Bio-chem Technology Company Limited	2101 Beneficial owner
Modern Agricultural Industry Investment Holdings Limited	2201 Interest of corporation controlled by you
Modern Agricultural Industry Investment Limited	2201 Interest of corporation controlled by you
Ji Lin Sheng Ren Min Zheng Fu Guo You Zi Chan Jian Du Guan Li Wei Yuan Hui	2201 Interest of corporation controlled by you
Ji Lin Sheng Xian Dai Nong Ye Chan Ye Ji Jin You Xian Gong Si	2201 Interest of corporation controlled by you
Ji Lin Sheng Xian Dai Nong Ye Chan Ye Tou Zi Ji Jin You Xian He Huo	2201 Interest of corporation controlled by you
Ji Lin Sheng Nong Ye Tou Zi Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Hartington Profits Limited	2101 Beneficial owner

Global Sweeteners Holdings (HKSE:03889) Headlines

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