Dadi Early-Childhood Education Group (ROCO:8437) Cash-to-Debt : 2.08 (As of Sep. 2024)

View and export this data going back to 2015. Start your Free Trial

What is Dadi Early-Childhood Education Group 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. Dadi Early-Childhood Education Group's cash to debt ratio for the quarter that ended in Sep. 2024 was 2.08.

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, Dadi Early-Childhood Education Group 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 Dadi Early-Childhood Education Group's Cash-to-Debt or its related term are showing as below:

ROCO:8437' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.57 Med: 2.3 Max: No Debt
Current: 2.08

During the past 11 years, Dadi Early-Childhood Education Group's highest Cash to Debt Ratio was No Debt. The lowest was 1.57. And the median was 2.30.

ROCO:8437's Cash-to-Debt is ranked better than
56.72% of 268 companies
in the Education industry
Industry Median: 1.42 vs ROCO:8437: 2.08

Dadi Early-Childhood Education Group Cash-to-Debt Historical Data

The historical data trend for Dadi Early-Childhood Education Group'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.

Dadi Early-Childhood Education Group Cash-to-Debt Chart

Dadi Early-Childhood Education Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

2.89

1.92

2.39

1.86

1.81

Dadi Early-Childhood Education Group 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															1.81	1.81	1.73	1.88	2.08

Competitive Comparison of Dadi Early-Childhood Education Group's Cash-to-Debt

For the Education & Training Services subindustry, Dadi Early-Childhood Education Group'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.

Dadi Early-Childhood Education Group's Cash-to-Debt Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Dadi Early-Childhood Education Group's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Dadi Early-Childhood Education Group's Cash-to-Debt falls into.

Dadi Early-Childhood Education Group 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.

Dadi Early-Childhood Education Group'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)
	=	876.273	/	(438.698	+	44.65)
	=	1.81

Dadi Early-Childhood Education Group'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)
	=	831.725	/	(372.464	+	27.455)
	=	2.08

Dadi Early-Childhood Education Group (ROCO:8437) 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.

Dadi Early-Childhood Education Group Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Dadi Early-Childhood Education Group's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Dadi Early-Childhood Education Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Dadi Early-Childhood Education Group Ltd (ROCO:8437) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

190 Elgin Avenue, George Town, Grand Cayman, CYM, KY 1-9005

Website

http://www.edudadi.com

Dadi Early-Childhood Education Group Ltd operates in the early childhood education industry chain, with a consultancy service as its main business model. It has three operating segments: Consultation services, Early childhood education materials, Software and Others. The company generates maximum key revenue from the Early childhood education materials and Consultation services segment. It provides a series of preschool education services such as campus development, engineering decoration, curriculum design, teaching aids, preschool supplies, and campus software to kindergartens. Geographically, it derives a majority of revenue from Mainland China.

Dadi Early-Childhood Education Group Headlines

No Headlines