AItheNutrigene Co (XKRX:311960) Cash-to-Debt : 0.91 (As of Dec. 2023)

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What is AItheNutrigene 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. AItheNutrigene Co's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.91.

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, AItheNutrigene Co couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

XKRX:311960' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.91 Med: 1.51 Max: 5.89
Current: 0.91

During the past 4 years, AItheNutrigene Co's highest Cash to Debt Ratio was 5.89. The lowest was 0.91. And the median was 1.51.

XKRX:311960's Cash-to-Debt is ranked worse than
62.4% of 859 companies
in the Medical Devices & Instruments industry
Industry Median: 1.65 vs XKRX:311960: 0.91

AItheNutrigene Co Cash-to-Debt Historical Data

The historical data trend for AItheNutrigene 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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AItheNutrigene Co Cash-to-Debt Chart

AItheNutrigene Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

1.09

5.89

1.93

0.91

AItheNutrigene Co Semi-Annual Data
	Dec20	Dec21	Dec22	Dec23
Cash-to-Debt	1.09	5.89	1.93	0.91

Competitive Comparison of AItheNutrigene Co's Cash-to-Debt

For the Medical Devices subindustry, AItheNutrigene 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.

AItheNutrigene Co's Cash-to-Debt Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, AItheNutrigene Co's Cash-to-Debt distribution charts can be found below:

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

AItheNutrigene 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.

AItheNutrigene 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)
	=	3588.541	/	(430.202	+	3505.533)
	=	0.91

AItheNutrigene Co's Cash to Debt Ratio for the quarter 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)
	=	3588.541	/	(430.202	+	3505.533)
	=	0.91

AItheNutrigene Co (XKRX:311960) 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.

AItheNutrigene Co Cash-to-Debt Related Terms

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AItheNutrigene Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » AItheNutrigene Co Ltd (XKRX:311960) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

630, 42 Changdeok-ro, Siheung-dong, Pangyo 2nd Techno Valley Gyeonggi Business Growth Center, Sujeong-gu, Gyeonggi-do, Seongnam-si, KOR

Website

http://www.aithenutrigene.com

AItheNutrigene Co Ltd engages in developing a test-detection solution in order to check out the early detection of various diseases. The company offers molecular diagnostic technology, nutrition therapy customized according to an individual's genomics and AI bio, enabling patients and medical practitioners with tests and accurate diagnoses to prevent diseases.

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