Ariston Holdings (XZIM:ARIS.ZW) Cash-to-Debt : 0.02 (As of Sep. 2023)

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What is Ariston 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. Ariston Holdings's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.02.

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, Ariston Holdings couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

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

XZIM:ARIS.ZW' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.04 Max: 0.1
Current: 0.02

During the past 9 years, Ariston Holdings's highest Cash to Debt Ratio was 0.10. The lowest was 0.01. And the median was 0.04.

XZIM:ARIS.ZW's Cash-to-Debt is ranked worse than
93.98% of 1811 companies
in the Consumer Packaged Goods industry
Industry Median: 0.52 vs XZIM:ARIS.ZW: 0.02

Ariston Holdings Cash-to-Debt Historical Data

The historical data trend for Ariston 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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Ariston Holdings Cash-to-Debt Chart

Ariston Holdings Annual Data

Trend

Sep09

Sep11

Sep12

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Cash-to-Debt

Get a 7-Day Free Trial

0.10

0.08

0.02

0.06

0.02

Ariston Holdings Semi-Annual Data
	Mar11	Sep11	Mar12	Sep12	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial										0.02	0.02	0.06	0.01	0.02

Competitive Comparison of Ariston Holdings's Cash-to-Debt

For the Farm Products subindustry, Ariston 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.

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

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

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

Ariston 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.

Ariston Holdings's Cash to Debt Ratio for the fiscal year that ended in Sep. 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)
	=	585.806	/	(5704.128	+	33167.462)
	=	0.02

Ariston Holdings's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	585.806	/	(5704.128	+	33167.462)
	=	0.02

Ariston Holdings (XZIM:ARIS.ZW) 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.

Ariston Holdings Cash-to-Debt Related Terms

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

Ariston Holdings (XZIM:ARIS.ZW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Ariston Holdings Ltd (XZIM:ARIS.ZW) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

18 Coghlan Road, P. O. Box 4019 , Greendale, Harare, ZWE

Website

http://www.ariston.co.zw

Ariston Holdings Ltd is an agro-industrial company. Its principal activities are farming operations which include, tea, macadamia nuts, horticulture, deciduous fruits, fishery, and poultry. The company is organized into three operating divisions. The Southdown Estates division is engaged in the growing and manufacturing of tea, macadamia nuts, avocados, potatoes, and bananas as well as generates maximum revenue. Claremont Estate division is engaged in the growing of pome and stone fruit, passion fruit, and potatoes. Kent Estate division engages in the growing of horticultural crops, and the rearing of poultry and livestock.

Ariston Holdings (XZIM:ARIS.ZW) Headlines

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