Texwinca Holdings (STU:TXW) Cash-to-Debt : 2.12 (As of Sep. 2023)

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What is Texwinca 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. Texwinca Holdings's cash to debt ratio for the quarter that ended in Sep. 2023 was 2.12.

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, Texwinca Holdings could pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

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

STU:TXW' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.99 Med: 1.8 Max: 3.72
Current: 2.12

During the past 13 years, Texwinca Holdings's highest Cash to Debt Ratio was 3.72. The lowest was 0.99. And the median was 1.80.

STU:TXW's Cash-to-Debt is ranked better than
73.44% of 1028 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.49 vs STU:TXW: 2.12

Texwinca Holdings Cash-to-Debt Historical Data

The historical data trend for Texwinca 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.

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Texwinca Holdings Cash-to-Debt Chart

Texwinca Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

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1.44

0.99

1.26

1.30

2.32

Texwinca Holdings Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial															1.32	1.30	1.92	2.32	2.12

Competitive Comparison of Texwinca Holdings's Cash-to-Debt

For the Textile Manufacturing subindustry, Texwinca 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.

Texwinca Holdings's Cash-to-Debt Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Texwinca Holdings's Cash-to-Debt distribution charts can be found below:

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

Texwinca 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.

Texwinca Holdings's Cash to Debt Ratio for the fiscal year that ended in Mar. 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)
	=	234.45	/	(65.398	+	35.48)
	=	2.32

Texwinca Holdings's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	243.915	/	(82.714	+	32.387)
	=	2.12

Texwinca Holdings (STU:TXW) 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.

Texwinca Holdings Cash-to-Debt Related Terms

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

Texwinca Holdings (STU:TXW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Texwinca Holdings Ltd (STU:TXW) » Definitions » Cash-to-Debt

Traded in Other Exchanges

TXWHY:USA 00321:Hong Kong TXW:Germany

Address

223 Hing Fong Road, 16th Floor, Metroplaza, Tower II, Kwai Chung, New Territories, Hong Kong, HKG

Website

https://www.texwinca.com

Texwinca Holdings Ltd is a Hong Kong-based company. The company is principally engaged in the textile business, which refers to production, dyeing, and sale of knitted fabric and yarn garments, and the retail & distribution of casual apparel and accessories business, which means retailing and distribution of casual apparel and accessories. The textile business and the retail and distribution business jointly account for majority of the company's total revenue. The company is also involved in providing repair and maintenance services for motor vehicles, offering franchise services, and others. The company generates its revenue from Mainland China, the United States, Japan, Hong Kong, and other areas, with Mainland China being the largest revenue contributor.

Texwinca Holdings (STU:TXW) Headlines

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