RERE (ATRenew) Cash-to-Debt : 5.10 (As of Sep. 2024)

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What is ATRenew 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. ATRenew's cash to debt ratio for the quarter that ended in Sep. 2024 was 5.10.

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, ATRenew could pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

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

RERE' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.42 Med: 6.75 Max: 19.94
Current: 5.1

During the past 6 years, ATRenew's highest Cash to Debt Ratio was 19.94. The lowest was 1.42. And the median was 6.75.

RERE's Cash-to-Debt is ranked better than
84.97% of 1111 companies
in the Retail - Cyclical industry
Industry Median: 0.43 vs RERE: 5.10

ATRenew Cash-to-Debt Historical Data

The historical data trend for ATRenew'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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ATRenew Cash-to-Debt Chart

ATRenew Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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1.48

1.71

10.73

12.19

5.89

ATRenew Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial															8.10	5.89	3.60	4.75	5.10

Competitive Comparison of ATRenew's Cash-to-Debt

For the Internet Retail subindustry, ATRenew'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.

ATRenew's Cash-to-Debt Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, ATRenew's Cash-to-Debt distribution charts can be found below:

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

ATRenew 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.

ATRenew'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)
	=	334.618	/	(53.702	+	3.15)
	=	5.89

ATRenew's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	279.46	/	(43.427	+	11.358)
	=	5.10

ATRenew (NYSE:RERE) 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.

ATRenew Cash-to-Debt Related Terms

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ATRenew Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » ATRenew Inc (NYSE:RERE) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

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Address

433 Songhu Road, 12th Floor, No. 6 Building, Yangpu, CHN

Website

https://www.atrenew.com

ATRenew Inc is a pre-owned consumer electronics transactions and services platform in China. The majority of its revenue is derived from online product sales of phones and other consumer electronics goods through its platform. The Company's principal operations and geographic markets are in the People's Republic of China.