WWNTF (Want Want China Holdings) Cash-to-Debt : 1.52 (As of Mar. 2024)

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What is Want Want China 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. Want Want China Holdings's cash to debt ratio for the quarter that ended in Mar. 2024 was 1.52.

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, Want Want China Holdings 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 Want Want China Holdings's Cash-to-Debt or its related term are showing as below:

WWNTF' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.15 Med: 1.56 Max: 1.92
Current: 1.52

During the past 13 years, Want Want China Holdings's highest Cash to Debt Ratio was 1.92. The lowest was 1.15. And the median was 1.56.

WWNTF's Cash-to-Debt is ranked better than
67.56% of 1874 companies
in the Consumer Packaged Goods industry
Industry Median: 0.51 vs WWNTF: 1.52

Want Want China Holdings Cash-to-Debt Historical Data

The historical data trend for Want Want China 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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Want Want China Holdings Cash-to-Debt Chart

Want Want China Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

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1.92

1.60

1.41

1.52

Want Want China Holdings Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															1.60	1.38	1.41	0.83	1.52

Competitive Comparison of Want Want China Holdings's Cash-to-Debt

For the Packaged Foods subindustry, Want Want China 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.

Want Want China Holdings's Cash-to-Debt Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Want Want China Holdings's Cash-to-Debt distribution charts can be found below:

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

Want Want China 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.

Want Want China Holdings's Cash to Debt Ratio for the fiscal year 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)
	=	1169.609	/	(420.308	+	348.517)
	=	1.52

Want Want China Holdings'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)
	=	1169.609	/	(420.308	+	348.517)
	=	1.52

Want Want China Holdings (OTCPK:WWNTF) 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.

Want Want China Holdings Cash-to-Debt Related Terms

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Want Want China Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Want Want China Holdings Ltd (OTCPK:WWNTF) » Definitions » Cash-to-Debt

Traded in Other Exchanges

WWNTY:USA 00151:Hong Kong 4HQ:Germany

Address

No. 18 Sheung Yuet Road, Units 07-08, 7th Floor, FTLife Tower, Kowloon Bay, Kowloon, Hong Kong, HKG

Website

https://www.want-want.com

Want Want is leading player in the China packaged food and beverage sector. The company was founded in 1962 in Taiwan and entered the mainland Chinese market in 1989. Its flagship products, such as Hot-Kid milk and Want Want rice crackers, are market leaders in the respective segments. With a primary focus in mainland China, the company also exports to overseas markets. As at March 2021, Want Want China had 422 sales offices, 35 production bases and 81 factories on the Chinese mainland and worked with around 9,000 distributors.

Want Want China Holdings Headlines

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