China Feihe (China Feihe) Cash-to-Debt : 11.68 (As of Dec. 2023)

View and export this data going back to 2019. Start your Free Trial

What is China Feihe 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. China Feihe's cash to debt ratio for the quarter that ended in Dec. 2023 was 11.68.

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, China Feihe could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

CFEIY' s Cash-to-Debt Range Over the Past 10 Years
Min: 2.49 Med: 7.63 Max: 15.45
Current: 11.68

During the past 8 years, China Feihe's highest Cash to Debt Ratio was 15.45. The lowest was 2.49. And the median was 7.63.

CFEIY's Cash-to-Debt is ranked better than
84.47% of 1848 companies
in the Consumer Packaged Goods industry
Industry Median: 0.53 vs CFEIY: 11.68

China Feihe Cash-to-Debt Historical Data

The historical data trend for China Feihe'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.

* Premium members only.

China Feihe Cash-to-Debt Chart

China Feihe Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

2.56

11.56

15.45

12.71

11.68

China Feihe Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial									15.45	13.98	12.71	12.08	11.68

Competitive Comparison of China Feihe's Cash-to-Debt

For the Packaged Foods subindustry, China Feihe'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.

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

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

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

China Feihe 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.

China Feihe'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)
	=	2676.655	/	(82.955	+	146.228)
	=	11.68

China Feihe'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)
	=	2676.655	/	(82.955	+	146.228)
	=	11.68

China Feihe (OTCPK:CFEIY) 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.

China Feihe Cash-to-Debt Related Terms

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

China Feihe (China Feihe) Business Description

Industry

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

Traded in Other Exchanges

CHFLF:USA 06186:Hong Kong

Address

10 Jiuxianqiao Road, Block C, 16th Floor, Star City International Building, Chaoyang District, Beijing, CHN, 100016

Website

https://www.feihe.com

Feihe is the number one infant milk formula company in China, with a premium market positioning among domestic and foreign competing brands. The company utilizes the flagship Astrobaby lineup to promote its "more suitable for Chinese babies" proposition. It has a nationwide distributor network covering maternity stores, supermarkets and traditional retailers, as well as a direct sales network in e-commerce.

China Feihe (China Feihe) Headlines

No Headlines