ATIF Holdings (ATIF Holdings) Cash-to-Debt : 0.84 (As of Jan. 2024)

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What is ATIF 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. ATIF Holdings's cash to debt ratio for the quarter that ended in Jan. 2024 was 0.84.

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, ATIF Holdings couldn't pay off its debt using the cash in hand for the quarter that ended in Jan. 2024.

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

ATIF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.61 Med: 3.09 Max: No Debt
Current: 0.84

During the past 7 years, ATIF Holdings's highest Cash to Debt Ratio was No Debt. The lowest was 0.61. And the median was 3.09.

ATIF's Cash-to-Debt is ranked worse than
65.87% of 791 companies
in the Capital Markets industry
Industry Median: 1.87 vs ATIF: 0.84

ATIF Holdings Cash-to-Debt Historical Data

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

ATIF Holdings Annual Data

Trend

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Cash-to-Debt

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No Debt

4.11

8.61

1.26

0.67

ATIF Holdings Quarterly Data
	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Cash-to-Debt	Get a 7-Day Free Trial														0.68	0.61	0.67	0.82	0.84

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

For the Capital Markets subindustry, ATIF 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.

ATIF Holdings's Cash-to-Debt Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, ATIF Holdings's Cash-to-Debt distribution charts can be found below:

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

ATIF 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.

ATIF Holdings's Cash to Debt Ratio for the fiscal year that ended in Jul. 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)
	=	0.737	/	(0.415	+	0.689)
	=	0.67

ATIF Holdings's Cash to Debt Ratio for the quarter that ended in Jan. 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)
	=	0.688	/	(0.29	+	0.528)
	=	0.84

ATIF Holdings (NAS:ATIF) 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.

ATIF Holdings Cash-to-Debt Related Terms

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ATIF Holdings (ATIF Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » ATIF Holdings Ltd (NAS:ATIF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

25391 Commercentre Dr, Ste 200, Lake Forest, CA, USA, 92630

Website

https://www.atifchina.com

ATIF Holdings Ltd is a consulting company. It provides financial and advisory services to small and medium-sized enterprises and also to individual customers and families. The firm also offers Pre-IPO's, and Post-IPO's services. It operates in one operating segment which is the consulting service business. It generates the majority of its revenue from the USA.

Executives

Liu Kwong Sang	director	1003 10/F RIGHTFUL CENTER, 12 TAK HING STREET TSIM SHA TSUI, KOWLOON K3 00000
Jun Liu	director, 10 percent owner, officer: Chief Executive Officer	ROOM 3803 DACHONG INT'L CENTRE, 39 TONGGU RD, NANSHAN DISTRICT, SHENZHEN F4 518000
Lei Yang	director	ROOM 2803, DACHONG BUSINESS CENTRE, DACHONG 1ST ROAD, NANSHAN DISTRICT, SHENZHEN F4 518000
Yongyuan Chen	director	ROOM 2803, DACHONG BUSINESS CENTRE, DACHONG 1ST ROAD, NANSHAN DISTRICT, SHENZHEN F4 518000
Yue Ming	director, officer: Chief Financial Officer	ROOM 2803, DACHONG BUSINESS CENTRE, DACHONG 1ST ROAD, NANSHAN DISTRICT, SHENZHEN F4 518000
Tianzhen Investments Ltd	10 percent owner	25391 COMMERCENTRE DR., STE 200, LAKE FOREST CA 92630