WINSF (Wins Finance Holdings) Cash-to-Debt : 0.39 (As of Jun. 2024)

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What is Wins Finance 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. Wins Finance Holdings's cash to debt ratio for the quarter that ended in Jun. 2024 was 0.39.

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, Wins Finance Holdings couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2024.

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

WINSF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.13 Med: 0.73 Max: No Debt
Current: 0.39

During the past 11 years, Wins Finance Holdings's highest Cash to Debt Ratio was No Debt. The lowest was 0.13. And the median was 0.73.

WINSF's Cash-to-Debt is not ranked
in the Credit Services industry.
Industry Median: 0.21 vs WINSF: 0.39

Wins Finance Holdings Cash-to-Debt Historical Data

The historical data trend for Wins Finance 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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Wins Finance Holdings Cash-to-Debt Chart

Wins Finance Holdings Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Cash-to-Debt

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0.71

0.13

0.73

9.98

0.39

Wins Finance Holdings Semi-Annual Data
	Sep14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Cash-to-Debt	Get a 7-Day Free Trial															0.73	No Debt	9.98	0.43	0.39

Competitive Comparison of Wins Finance Holdings's Cash-to-Debt

For the Credit Services subindustry, Wins Finance 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.

Wins Finance Holdings's Cash-to-Debt Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Wins Finance Holdings's Cash-to-Debt distribution charts can be found below:

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

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Wins Finance Holdings Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents 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.

Wins Finance Holdings's Cash to Debt Ratio for the fiscal year that ended in Jun. 2024 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	2.818	/	(4.588	+	2.622)
	=	0.39

Wins Finance Holdings's Cash to Debt Ratio for the quarter that ended in Jun. 2024 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	2.818	/	(4.588	+	2.622)
	=	0.39

Wins Finance Holdings (OTCPK:WINSF) 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.

Wins Finance Holdings Cash-to-Debt Related Terms

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Wins Finance Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Wins Finance Holdings Inc (OTCPK:WINSF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 58 Jianguo Road, 1st Floor, Building 1B, Chaoyang District, Beijing, CHN, 100024

Website

http://www.winsholdings.com

Wins Finance Holdings Inc. is an integrated financing solution provider that assists Chinese small and medium enterprises that have limited access to financing and enables them to obtain funding for business development. The Company is focused on identifying value accretive investment opportunities and assets in China and the United States. The Company operates and manages its business in one reportable segment, which is to provide financial services in the PRC domestic market.

Executives

Amy He	officer: Chief Financial Officer	8TH FLOOR BLOCK 8 AOLINJIATAI BLDG, 1 KEHUIQIAN ST, CHAOYANG DISTRICT, BEIJING F4 00000
Richard Xu	director, officer: President	65 BROADWAY, SUITE 501, NEW YORK NY 10006
Bradley Reifler	director	590 MADISON AVENUE, 21ST FLOOR, NEW YORK NY 10022
Nicholas Clements	director	6F/TOWER, 2 WEST PROSPER CENTRE, NO.5, GUANGHUA ROAD, CHAOYANG DISTRICT, BEIJING F4 100020
Jingxiao Zhang	director	STATISTICS SCHOOL, RENMIN UNIVERSITY, 59 ZHONGGUANCUN AVENUE, HAIDIAN DISTRICT, BEIJING F4 100872
Jianming Hao	director, officer: Co-Chief Executive Officer	UNIT 106, TERN CENTRE, TOWER II,, 251 QUEEN'S ROAD, CENTRAL, HONG KONG F4 00000
Peilin Zhao	10 percent owner	1908, 19/F, BLOCK 2, NO. 116, GUANGANMENNEIDAJIE, XUANWU XU, BEIJING F4 XXXXXX
Hong Wang	10 percent owner	8TH FL BLK 5 AOLINJIATAI BLDG, 1 KEHUIQIAN ST, CHAOYANG DISTRICT, BEIJING F4 100192