PHCFF (Puhui Wealth Investment Management Co) Cash-to-Debt : 0.61 (As of Dec. 2021)

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What is Puhui Wealth Investment Management Co 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. Puhui Wealth Investment Management Co's cash to debt ratio for the quarter that ended in Dec. 2021 was 0.61.

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, Puhui Wealth Investment Management Co couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2021.

The historical rank and industry rank for Puhui Wealth Investment Management Co's Cash-to-Debt or its related term are showing as below:

PHCFF's Cash-to-Debt is not ranked ^*
in the Asset Management industry.
Industry Median: 6.4
* Ranked among companies with meaningful Cash-to-Debt only.

Puhui Wealth Investment Management Co Cash-to-Debt Historical Data

The historical data trend for Puhui Wealth Investment Management Co'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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Puhui Wealth Investment Management Co Cash-to-Debt Chart

Puhui Wealth Investment Management Co Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Cash-to-Debt

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No Debt

3.91

1.78

0.48

0.41

Puhui Wealth Investment Management Co Semi-Annual Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21
Cash-to-Debt	Get a 7-Day Free Trial							0.92	0.48	0.48	0.41	0.61

Competitive Comparison of Puhui Wealth Investment Management Co's Cash-to-Debt

For the Asset Management subindustry, Puhui Wealth Investment Management Co'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.

Puhui Wealth Investment Management Co's Cash-to-Debt Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Puhui Wealth Investment Management Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Puhui Wealth Investment Management Co's Cash-to-Debt falls into.

Puhui Wealth Investment Management Co 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.

Puhui Wealth Investment Management Co's Cash to Debt Ratio for the fiscal year that ended in Jun. 2021 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)
	=	0.976	/	(1.817	+	0.539)
	=	0.41

Puhui Wealth Investment Management Co's Cash to Debt Ratio for the quarter that ended in Dec. 2021 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)
	=	1.35	/	(2.002	+	0.203)
	=	0.61

Puhui Wealth Investment Management Co (OTCPK:PHCFF) 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.

Puhui Wealth Investment Management Co Cash-to-Debt Related Terms

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Puhui Wealth Investment Management Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Puhui Wealth Investment Management Co Ltd (OTCPK:PHCFF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.1 Chang An Street, Room 801, 802, 8th Floor, W1 Office Building, Oriental Commerce Tower, Dong Cheng District, Beijing, CHN, 100006

Website

https://www.puhuiwealth.com

Puhui Wealth Investment Management Co Ltd is a third-party wealth management service provider. The company is focused on the marketing of financial products, and managing funds for individuals and corporate clients. It generates its revenue from the commissions and recurring service fees generated through wealth management product-related services.