Jiugui Liquor Co (SZSE:000799) Cash-to-Debt : 564.16 (As of Mar. 2024)

View and export this data going back to 1997. Start your Free Trial

What is Jiugui Liquor 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. Jiugui Liquor Co's cash to debt ratio for the quarter that ended in Mar. 2024 was 564.16.

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, Jiugui Liquor Co could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

SZSE:000799' s Cash-to-Debt Range Over the Past 10 Years
Min: 7.4 Med: 722.97 Max: No Debt
Current: 564.16

During the past 13 years, Jiugui Liquor Co's highest Cash to Debt Ratio was No Debt. The lowest was 7.40. And the median was 722.97.

SZSE:000799's Cash-to-Debt is ranked better than
92.79% of 208 companies
in the Beverages - Alcoholic industry
Industry Median: 0.505 vs SZSE:000799: 564.16

Jiugui Liquor Co Cash-to-Debt Historical Data

The historical data trend for Jiugui Liquor 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.

* Premium members only.

Jiugui Liquor Co Cash-to-Debt Chart

Jiugui Liquor Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

513.50

655.43

566.01

666.25

Jiugui Liquor Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															593.17	675.13	709.74	666.25	564.16

Competitive Comparison of Jiugui Liquor Co's Cash-to-Debt

For the Beverages - Wineries & Distilleries subindustry, Jiugui Liquor 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.

Jiugui Liquor Co's Cash-to-Debt Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Jiugui Liquor Co's Cash-to-Debt distribution charts can be found below:

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

Jiugui Liquor 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.

Jiugui Liquor Co'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)
	=	2361.201	/	(1.962	+	1.582)
	=	666.25

Jiugui Liquor Co's Cash to Debt Ratio for the quarter that ended in Mar. 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)
	=	2006.154	/	(1.906	+	1.65)
	=	564.16

Jiugui Liquor Co (SZSE:000799) 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.

Jiugui Liquor Co Cash-to-Debt Related Terms

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

Jiugui Liquor Co (SZSE:000799) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Jiugui Liquor Co Ltd (SZSE:000799) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

Luohe Street, Zhenwuying Village, Hunan province, Jishou, CHN, 410015

Website

http://www.jiuguijiu000799.com

Located in western Hunan province, Jiugui Liquor is a typical "Fuyu" flavor baijiu that is characterized with its special culture in both brewing technique and product packaging. The company's product portfolio ranges from low to subpremium segments, with the key products Neican, Jiugui, and Xiangquan respectively contributing 29%, 56% and 15% of total sales revenue in 2022. China National Cereals, Oils and Foodstuffs Corporation, commonly known as Cofco, is the controlling shareholder, with a 15.5% equity stake as of December 2022.

Executives

Tang Zhen Yu	Secretary Dong
Zheng Yi	Directors, executives
Li Wen Sheng	Executives
Hu Xiao Xi	Executives
Wang Hao	Director
Wang Zhe	Executives
Zhao Chun Lei	Executives
Wang Yan Ru	Independent director
Han Dong	Executives
Yang Jian Jun	Executives
Yang Bo	Director

Jiugui Liquor Co (SZSE:000799) Headlines

No Headlines