China Dongxiang (Group) Co (China Dongxiang (Group) Co) Cash-to-Debt : 75.10 (As of Sep. 2023)

View and export this data going back to 2007. Start your Free Trial

What is China Dongxiang (Group) 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. China Dongxiang (Group) Co's cash to debt ratio for the quarter that ended in Sep. 2023 was 75.10.

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 Dongxiang (Group) Co could pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

The historical rank and industry rank for China Dongxiang (Group) Co's Cash-to-Debt or its related term are showing as below:

CDGXF' s Cash-to-Debt Range Over the Past 10 Years
Min: 3.24 Med: 16.34 Max: No Debt
Current: 75.1

During the past 13 years, China Dongxiang (Group) Co's highest Cash to Debt Ratio was No Debt. The lowest was 3.24. And the median was 16.34.

CDGXF's Cash-to-Debt is ranked better than
92.49% of 1038 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.47 vs CDGXF: 75.10

China Dongxiang (Group) Co Cash-to-Debt Historical Data

The historical data trend for China Dongxiang (Group) 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.

* Premium members only.

China Dongxiang (Group) Co Cash-to-Debt Chart

China Dongxiang (Group) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

Get a 7-Day Free Trial

4.74

16.08

24.89

16.60

69.04

China Dongxiang (Group) Co Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial															30.98	16.60	36.63	69.04	75.10

Competitive Comparison of China Dongxiang (Group) Co's Cash-to-Debt

For the Apparel Manufacturing subindustry, China Dongxiang (Group) 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.

China Dongxiang (Group) Co's Cash-to-Debt Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, China Dongxiang (Group) Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where China Dongxiang (Group) Co's Cash-to-Debt falls into.

China Dongxiang (Group) Co 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 Dongxiang (Group) Co's Cash to Debt Ratio for the fiscal year that ended in Mar. 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)
	=	576.693	/	(5.802	+	2.551)
	=	69.04

China Dongxiang (Group) Co'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)
	=	548.967	/	(4.503	+	2.807)
	=	75.10

China Dongxiang (Group) Co (OTCPK:CDGXF) 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 Dongxiang (Group) Co Cash-to-Debt Related Terms

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

China Dongxiang (Group) Co (China Dongxiang (Group) Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » China Dongxiang (Group) Co Ltd (OTCPK:CDGXF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

CDGXY:USA 03818:Hong Kong 4C1:Germany

Address

Building 21, No. 2 Jingyuanbei Street, Beijing Economic-Technological Development Area, Beijing, CHN, 100176

Website

http://www.dxsport.com

China Dongxiang (Group) Co Ltd manufactures sports apparel and footwear. Its main brand is Kappa, which it sells in China. The company's primary sales channel is wholesale to distributors. The company also sells directly to consumers through more than 1,000 company-operated retail stores and outlets in China and through its e-commerce channel. It has two segments China Apparel and Investment. Sales in China account for most of the total company's revenue.

China Dongxiang (Group) Co (China Dongxiang (Group) Co) Headlines

No Headlines