GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » JF Wealth Holdings Ltd (HKSE:09636) » Definitions » Cash-to-Debt

JF Wealth Holdings (HKSE:09636) Cash-to-Debt : 355.38 (As of Dec. 2023)


View and export this data going back to 2023. Start your Free Trial

What is JF Wealth 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. JF Wealth Holdings's cash to debt ratio for the quarter that ended in Dec. 2023 was 355.38.

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, JF Wealth Holdings could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

HKSE:09636' s Cash-to-Debt Range Over the Past 10 Years
Min: 17.7   Med: 355.38   Max: No Debt
Current: 355.38

During the past 5 years, JF Wealth Holdings's highest Cash to Debt Ratio was No Debt. The lowest was 17.70. And the median was 355.38.

HKSE:09636's Cash-to-Debt is ranked better than
90.19% of 265 companies
in the Education industry
Industry Median: 1.26 vs HKSE:09636: 355.38

JF Wealth Holdings Cash-to-Debt Historical Data

The historical data trend for JF Wealth 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.

* Premium members only.

JF Wealth Holdings Cash-to-Debt Chart

JF Wealth Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Cash-to-Debt
No Debt No Debt 17.70 21.99 355.38

JF Wealth Holdings Semi-Annual Data
Dec19 Dec20 Dec21 Jun22 Dec22 Jun23 Dec23
Cash-to-Debt Get a 7-Day Free Trial 17.70 N/A 21.99 58.55 355.38

Competitive Comparison of JF Wealth Holdings's Cash-to-Debt

For the Education & Training Services subindustry, JF Wealth 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.

JF Wealth Holdings's Cash-to-Debt Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, JF Wealth Holdings's Cash-to-Debt distribution charts can be found below:

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


JF Wealth 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.

JF Wealth 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)
=2296.097 / (6.424 + 0.037)
=355.38

JF Wealth 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)
=2296.097 / (6.424 + 0.037)
=355.38

* 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.

JF Wealth Holdings  (HKSE:09636) 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.

JF Wealth Holdings Cash-to-Debt Related Terms

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

JF Wealth Holdings (HKSE:09636) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » JF Wealth Holdings Ltd (HKSE:09636) » Definitions » Cash-to-Debt
Comparable Companies
HKSE:00667 HKSE:01773 HKSE:01890 HKSE:01765 HKSE:01969 HKSE:02001 HKSE:00032 HKSE:00382 HKSE:02385 HKSE:01563 AIU EDU TAL HKSE:01797 ASX:IEL LOPE SZSE:002607 GHC COUR LRN
Traded in Other Exchanges
N/A
Address
88 Xumin East Road, 3rd-5th Floor, Yintech Finance Center, Qingpu District, Shanghai, CHN
Website
https://jfwealth.investorroom.com
JF Wealth Holdings Ltd is an online investment decision-making solution provider in China with a focus on the online investor content service market. The company offers online investor content services, including online high-end investor education services and online financial literacy education services, and financial information software services to help individual investors to understand the financial market and make investment plans or decisions.
Executives
Lee Cheuk Ho 2201 Interest of corporation controlled by you
Chang Qing Investment Management Company Limited 2101 Beneficial owner
Silver Runner Limited
Tct (bvi) Limited
The Core Trust Company Limited
Coreworth Investments Limited 2101 Beneficial owner
Harmony Creek Investments Limited 2101 Beneficial owner
Chen Ningfeng 2201 Interest of corporation controlled by you
Rich Horizon Investments Limited 2101 Beneficial owner
Embrace Investments Limited 2101 Beneficial owner
Lee Cheuk Ho 2101 Beneficial owner
Chen Wenbin 2201 Interest of corporation controlled by you
Yan Ming 2201 Interest of corporation controlled by you

JF Wealth Holdings (HKSE:09636) Headlines

No Headlines