YNNHF (Yihai International Holdings) Cash-to-Debt : 17.13 (As of Jun. 2024)

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What is Yihai International 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. Yihai International Holdings's cash to debt ratio for the quarter that ended in Jun. 2024 was 17.13.

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, Yihai International Holdings could pay off its debt using the cash in hand for the quarter that ended in Jun. 2024.

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

YNNHF' s Cash-to-Debt Range Over the Past 10 Years
Min: 10.95 Med: 41.34 Max: No Debt
Current: 22.74

During the past 12 years, Yihai International Holdings's highest Cash to Debt Ratio was No Debt. The lowest was 10.95. And the median was 41.34.

YNNHF's Cash-to-Debt is ranked better than
86.94% of 1876 companies
in the Consumer Packaged Goods industry
Industry Median: 0.54 vs YNNHF: 22.74

Yihai International Holdings Cash-to-Debt Historical Data

The historical data trend for Yihai International 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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Yihai International Holdings Cash-to-Debt Chart

Yihai International Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash-to-Debt

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28.87

11.29

21.95

28.88

22.74

Yihai International Holdings Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Cash-to-Debt	Get a 7-Day Free Trial															21.95	19.17	28.88	17.13	22.74

Competitive Comparison of Yihai International Holdings's Cash-to-Debt

For the Packaged Foods subindustry, Yihai International 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.

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

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

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

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Yihai International 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.

Yihai International Holdings'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)
	=	348.926	/	(4.481	+	7.6)
	=	28.88

Yihai International Holdings's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	266.612	/	(2.876	+	12.689)
	=	17.13

Yihai International Holdings (OTCPK:YNNHF) 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.

Yihai International Holdings Cash-to-Debt Related Terms

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Yihai International Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Yihai International Holdings Ltd (OTCPK:YNNHF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

01579:Hong Kong YIR:Germany

Address

No. 2500 Zhenbei Road, Room 1810, Putuo District, Shanghai, CHN, 200062

Website

http://www.yihchina.com

Yihai International is a leading compound condiment manufacturer in China with a focus on hot pot condiments. It was started by the founder of Haidilao (one of the largest hot pot chains in China), Zhang Yong, as a condiment supplier to the hot pot chain. Yihai started to produce packaged hot pot condiments and ready-to-eat hot pot using the Haidilao brand as Haidilao became well known across China. It has also developed brands such as Magic Cook and Yue Yi Hai to sell other Chinese-style condiments and supply cooking condiments to other restaurants.

Yihai International Holdings Headlines

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