Anhui Annada Titanium Industry Co (SZSE:002136) Cash-to-Debt : 14.13 (As of Sep. 2024)

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What is Anhui Annada Titanium Industry 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. Anhui Annada Titanium Industry Co's cash to debt ratio for the quarter that ended in Sep. 2024 was 14.13.

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, Anhui Annada Titanium Industry Co 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 Anhui Annada Titanium Industry Co's Cash-to-Debt or its related term are showing as below:

SZSE:002136' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.03 Med: 2.68 Max: 23.97
Current: 14.13

During the past 13 years, Anhui Annada Titanium Industry Co's highest Cash to Debt Ratio was 23.97. The lowest was 0.03. And the median was 2.68.

SZSE:002136's Cash-to-Debt is ranked better than
84.47% of 1552 companies
in the Chemicals industry
Industry Median: 0.69 vs SZSE:002136: 14.13

Anhui Annada Titanium Industry Co Cash-to-Debt Historical Data

The historical data trend for Anhui Annada Titanium Industry 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.

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Anhui Annada Titanium Industry Co Cash-to-Debt Chart

Anhui Annada Titanium Industry Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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20.28

9.25

7.86

23.97

11.07

Anhui Annada Titanium Industry Co 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															9.72	11.07	11.05	9.32	14.13

Competitive Comparison of Anhui Annada Titanium Industry Co's Cash-to-Debt

For the Chemicals subindustry, Anhui Annada Titanium Industry 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.

Anhui Annada Titanium Industry Co's Cash-to-Debt Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Anhui Annada Titanium Industry Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Anhui Annada Titanium Industry Co's Cash-to-Debt falls into.

Anhui Annada Titanium Industry 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.

Anhui Annada Titanium Industry 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)
	=	570.738	/	(50.717	+	0.822)
	=	11.07

Anhui Annada Titanium Industry Co'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)
	=	335.236	/	(22.638	+	1.08)
	=	14.13

Anhui Annada Titanium Industry Co (SZSE:002136) 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.

Anhui Annada Titanium Industry Co Cash-to-Debt Related Terms

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

Anhui Annada Titanium Industry Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Anhui Annada Titanium Industry Co Ltd (SZSE:002136) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

No. 1288 Tong Guan Avenue South Section, Anhui Province, Tongling, CHN, 244001

Website

http://www.andty.com

Anhui Annada Titanium Industry Co Ltd operates in chemical raw materials and chemical manufacturing industry. The company is engaged in production and sales of titanium dioxide products.

Executives

Hong Yan	Securities Affairs Representative
Ma Su An	Director
Yao Cheng Kuan	Supervisors
Zhang Jun	Executives
Jiang Yue Ping	Executives
Dong Ze You	Executives
Wang Xian Long	Executives
Qu You Hong	Executives
Huang Hua Feng	Director

Anhui Annada Titanium Industry Co Headlines

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