China Rare Earth Holdings (XTER:RAE) Cash-to-Debt : 1,271.48 (As of Dec. 2023)

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What is China Rare Earth 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. China Rare Earth Holdings's cash to debt ratio for the quarter that ended in Dec. 2023 was 1,271.48.

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 Rare Earth Holdings 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 Rare Earth Holdings's Cash-to-Debt or its related term are showing as below:

XTER:RAE' s Cash-to-Debt Range Over the Past 10 Years
Min: 21.13 Med: 1159.05 Max: No Debt
Current: 1273.97

During the past 13 years, China Rare Earth Holdings's highest Cash to Debt Ratio was No Debt. The lowest was 21.13. And the median was 1159.05.

XTER:RAE's Cash-to-Debt is ranked better than
65.38% of 2634 companies
in the Metals & Mining industry
Industry Median: 17.92 vs XTER:RAE: 1273.97

China Rare Earth Holdings Cash-to-Debt Historical Data

The historical data trend for China Rare Earth 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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China Rare Earth Holdings Cash-to-Debt Chart

China Rare Earth Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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326.72

519.81

1,042.97

1,042.05

1,271.48

China Rare Earth Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															1,042.97	1,014.56	1,042.05	977.09	1,271.48

Competitive Comparison of China Rare Earth Holdings's Cash-to-Debt

For the Other Industrial Metals & Mining subindustry, China Rare Earth 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.

China Rare Earth Holdings's Cash-to-Debt Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, China Rare Earth Holdings's Cash-to-Debt distribution charts can be found below:

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

China Rare Earth 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.

China Rare Earth Holdings'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)
	=	152.577	/	(0.046	+	0.074)
	=	1,271.48

China Rare Earth Holdings'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)
	=	152.577	/	(0.046	+	0.074)
	=	1,271.48

China Rare Earth Holdings (XTER:RAE) 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 Rare Earth Holdings Cash-to-Debt Related Terms

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

China Rare Earth Holdings (XTER:RAE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » China Rare Earth Holdings Ltd (XTER:RAE) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

CREQF:USA 00769:Hong Kong RAE:Germany

Address

Dingshu Town, Jiangsu Province, Yixing, CHN, 214226

Website

http://www.creh.com.hk

China Rare Earth Holdings Ltd is an investment holding company. It operates in two segments: Rare earth and Refractory. The Rare earth segment includes manufacturing and sales of rare earth products such as praseodymium, neodymium, terbium, and dysprosium through trading. It also focuses on the production of high-end products such as rare earth oxides. The Refractory segment includes the manufacturing and sales of refractory products, including Refractory materials and Magnesium grains. The majority of its revenue comes from Rare Earth Segment. Its geographical segments are China, Japan, Europe, and Others, of which China accounts for the vast majority of its revenue.

China Rare Earth Holdings (XTER:RAE) Headlines

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