YoungQin International Co (ROCO:2755) Cash-to-Debt : 1.70 (As of Sep. 2023)

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What is YoungQin International 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. YoungQin International Co's cash to debt ratio for the quarter that ended in Sep. 2023 was 1.70.

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, YoungQin International 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 YoungQin International Co's Cash-to-Debt or its related term are showing as below:

ROCO:2755' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.6 Med: 1.33 Max: 1.94
Current: 1.7

During the past 7 years, YoungQin International Co's highest Cash to Debt Ratio was 1.94. The lowest was 0.60. And the median was 1.33.

ROCO:2755's Cash-to-Debt is ranked better than
84.46% of 341 companies
in the Restaurants industry
Industry Median: 0.4 vs ROCO:2755: 1.70

YoungQin International Co Cash-to-Debt Historical Data

The historical data trend for YoungQin International 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.

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YoungQin International Co Cash-to-Debt Chart

YoungQin International Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

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0.89

0.62

1.19

1.89

1.94

YoungQin International Co Quarterly Data
	Jun18	Dec18	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial															1.53	1.94	1.62	1.56	1.70

Competitive Comparison of YoungQin International Co's Cash-to-Debt

For the Restaurants subindustry, YoungQin International 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.

YoungQin International Co's Cash-to-Debt Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, YoungQin International Co's Cash-to-Debt distribution charts can be found below:

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

YoungQin International 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.

YoungQin International Co's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 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)
	=	574.23	/	(52.812	+	243.878)
	=	1.94

YoungQin International 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)
	=	570.435	/	(86.624	+	249.176)
	=	1.70

YoungQin International Co (ROCO:2755) 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.

YoungQin International Co Cash-to-Debt Related Terms

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YoungQin International Co (ROCO:2755) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » YoungQin International Co Ltd (ROCO:2755) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Number 16 Hejiang Road, Zhongli District, Taoyuan, TWN, 320

Website

https://www.superqin.com.tw

YoungQin International Co Ltd is a Taiwan based company providing restaurant and bakery business. The Group is mainly engaged in the franchising of chain restaurants and the sales of related products.

YoungQin International Co (ROCO:2755) Headlines

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