China Education Resources (China Education Resources) Cash-to-Debt

: 1.06 (As of Sep. 2021)

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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 Education Resources's cash to debt ratio for the quarter that ended in Sep. 2021 was 1.06.

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 Education Resources could pay off its debt using the cash in hand for the quarter that ended in Sep. 2021.

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

CHNUF's Cash-to-Debt is not ranked ^*
in the Education industry.
Industry Median: 1.15
* Ranked among companies with meaningful Cash-to-Debt only.

China Education Resources Cash-to-Debt Historical Data

The historical data trend for China Education Resources'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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China Education Resources Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Cash-to-Debt

4.13

2.20

3.04

1.57

1.99

China Education Resources Quarterly Data
	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21
Cash-to-Debt																0.58	1.99	1.24	1.17	1.06

Competitive Comparison

For the Education & Training Services subindustry, China Education Resources'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 Education Resources Cash-to-Debt Distribution

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

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

China Education Resources 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 Education Resources's Cash to Debt Ratio for the fiscal year that ended in Dec. 2020 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)
	=	2.406	/	(1.177	+	0.031)
	=	1.99

China Education Resources's Cash to Debt Ratio for the quarter that ended in Sep. 2021 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)
	=	1.373	/	(1.294	+	0.007)
	=	1.06

China Education Resources (OTCPK:CHNUF) 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 Education Resources Cash-to-Debt Related Terms

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China Education Resources (China Education Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » China Education Resources Inc (OTCPK:CHNUF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

515 West Pender Street, Suite 300, Vancouver, BC, CAN, V6B 6H5

Website

http://www.chinaeducationresources.com

China Education Resources Inc provides an education internet portal with educational content, resources, and training programs to users and distributes educational textbooks and materials developed to bookstores and schools in China. The operations of the company are primarily in two geographic areas: Canada and China. China generates maximum revenue for the company.

China Education Resources (China Education Resources) Headlines

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China Education Resources Inc. Reports Q1 2018 Financial Results

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China Education Resources Inc. made $1,357,757 US dollars net profit in 2017

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