Wonder Pets Enterprises (ROCO:6968) Cash-to-Debt : 0.08 (As of Dec. 2023)

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What is Wonder Pets Enterprises 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. Wonder Pets Enterprises's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.08.

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, Wonder Pets Enterprises 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 Wonder Pets Enterprises's Cash-to-Debt or its related term are showing as below:

ROCO:6968' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.07 Med: 0.09 Max: 0.17
Current: 0.08

During the past 4 years, Wonder Pets Enterprises's highest Cash to Debt Ratio was 0.17. The lowest was 0.07. And the median was 0.09.

ROCO:6968's Cash-to-Debt is ranked worse than
82.76% of 1874 companies
in the Consumer Packaged Goods industry
Industry Median: 0.51 vs ROCO:6968: 0.08

Wonder Pets Enterprises Cash-to-Debt Historical Data

The historical data trend for Wonder Pets Enterprises'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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Wonder Pets Enterprises Cash-to-Debt Chart

Wonder Pets Enterprises Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

0.10

0.17

0.07

0.08

Wonder Pets Enterprises Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial			0.17	N/A	0.07	0.08	0.08

Competitive Comparison of Wonder Pets Enterprises's Cash-to-Debt

For the Packaged Foods subindustry, Wonder Pets Enterprises'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.

Wonder Pets Enterprises's Cash-to-Debt Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Wonder Pets Enterprises's Cash-to-Debt distribution charts can be found below:

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

Wonder Pets Enterprises 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.

Wonder Pets Enterprises'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)
	=	110.038	/	(331.118	+	1089.442)
	=	0.08

Wonder Pets Enterprises'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)
	=	110.038	/	(331.118	+	1089.442)
	=	0.08

Wonder Pets Enterprises (ROCO:6968) 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.

Wonder Pets Enterprises Cash-to-Debt Related Terms

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Wonder Pets Enterprises (ROCO:6968) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Wonder Pets Enterprises Corp (ROCO:6968) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

4 F.-3, No. 23, Sector 1, Chang'an East Road, Zhongshan District, Taipei, TWN, 104403

Website

https://www.wonderpet.asia

Wonder Pets Enterprises Corp is a company providing pet products, channels, and services. The company under various brand names through which it sells its products such as pet park, Kaido pet, fur kids market and Cat and Dog Captain.

Wonder Pets Enterprises (ROCO:6968) Headlines

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