Sina Finance and Credit Co (XTEH:VSIN1) Cash-to-Debt : 7.35 (As of Mar. 2014)

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What is Sina Finance and Credit 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. Sina Finance and Credit Co's cash to debt ratio for the quarter that ended in Mar. 2014 was 7.35.

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, Sina Finance and Credit Co could pay off its debt using the cash in hand for the quarter that ended in Mar. 2014.

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

XTEH:VSIN1's Cash-to-Debt is not ranked ^*
in the Banks industry.
Industry Median: 1.28
* Ranked among companies with meaningful Cash-to-Debt only.

Sina Finance and Credit Co Cash-to-Debt Historical Data

The historical data trend for Sina Finance and Credit 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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Sina Finance and Credit Co Cash-to-Debt Chart

Sina Finance and Credit Co Annual Data

Trend

Mar12

Mar13

Mar14

Cash-to-Debt

No Debt

6.97

7.35

Sina Finance and Credit Co Semi-Annual Data
	Mar12	Mar13	Mar14
Cash-to-Debt	No Debt	6.97	7.35

Competitive Comparison of Sina Finance and Credit Co's Cash-to-Debt

For the Banks - Regional subindustry, Sina Finance and Credit 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.

Sina Finance and Credit Co's Cash-to-Debt Distribution in the Banks Industry

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

* The bar in red indicates where Sina Finance and Credit Co's Cash-to-Debt falls into.

Sina Finance and Credit Co 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.

Sina Finance and Credit Co's Cash to Debt Ratio for the fiscal year that ended in Mar. 2014 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)
	=	39636000	/	(0	+	5396046)
	=	7.35

Sina Finance and Credit Co's Cash to Debt Ratio for the quarter that ended in Mar. 2014 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)
	=	39636000	/	(0	+	5396046)
	=	7.35

Sina Finance and Credit Co (XTEH:VSIN1) 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.

Sina Finance and Credit Co Cash-to-Debt Related Terms

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Sina Finance and Credit Co (XTEH:VSIN1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Sina Finance and Credit Co (XTEH:VSIN1) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No 187 Motahari Avenue, Tehran, IRN, 1587998411

Website

http://www.sinabank.ir

Sina Finance and Credit Co is a credit and finance company. Its business activities consist of monetary, financial and credential performances as well as other activities related to various parts of the economy and giving service to real and legal persons. The company also aims at funding various production, business and service units as well as granting credit facilities to various economic sectors. Sina offers various banking services including internet banking, mobile banking, telephone banking, loans, foreign exchange and SMS banking services.

Sina Finance and Credit Co (XTEH:VSIN1) Headlines

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