GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Eternity Healthcare Inc (GREY:ETAH) » Definitions » Cash-to-Debt

Eternity Healthcare (Eternity Healthcare) Cash-to-Debt : 0.02 (As of Jul. 2018)


View and export this data going back to 2008. Start your Free Trial

What is Eternity Healthcare 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. Eternity Healthcare's cash to debt ratio for the quarter that ended in Jul. 2018 was 0.02.

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, Eternity Healthcare couldn't pay off its debt using the cash in hand for the quarter that ended in Jul. 2018.

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

ETAH's Cash-to-Debt is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 1.99
* Ranked among companies with meaningful Cash-to-Debt only.

Eternity Healthcare Cash-to-Debt Historical Data

The historical data trend for Eternity Healthcare'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.

Eternity Healthcare Cash-to-Debt Chart

Eternity Healthcare Annual Data
Trend Apr09 Apr10 Apr11 Apr12 Apr13 Apr14 Apr15 Apr16 Apr17 Apr18
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt No Debt No Debt N/A 0.04

Eternity Healthcare Quarterly Data
Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only No Debt N/A No Debt 0.04 0.02

Competitive Comparison of Eternity Healthcare's Cash-to-Debt

For the Medical Devices subindustry, Eternity Healthcare'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.

Eternity Healthcare's Cash-to-Debt Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Eternity Healthcare's Cash-to-Debt distribution charts can be found below:

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


Eternity Healthcare 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.

Eternity Healthcare's Cash to Debt Ratio for the fiscal year that ended in Apr. 2018 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)
=0.022 / (0.033 + 0.49)
=0.04

Eternity Healthcare's Cash to Debt Ratio for the quarter that ended in Jul. 2018 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)
=0.01 / (0 + 0.455)
=0.02

* 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.

Eternity Healthcare  (GREY:ETAH) 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.

Eternity Healthcare Cash-to-Debt Related Terms

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

Eternity Healthcare (Eternity Healthcare) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Eternity Healthcare Inc (GREY:ETAH) » Definitions » Cash-to-Debt
Comparable Companies
WAR:GEN WAR:NST WAR:BMX NIMU XSAT:ALPH INOL WAR:SCP XSAT:MEDF XMCE:EEP XKLS:0155 XSAT:IDL B BZYR MDIT OSTO:ADDV A WAR:IGN MHTX ASX:LSH ASX:PAA XCNQ:BUX TSX:GEN
Traded in Other Exchanges
N/A
Address
18 Carnarvon Road, Flat/Room 1006 - 10th Floor, Hang Seng Tsim Sha Tsui Building, Tsim Sha TsuiI, Kowloon, Hong Kong, HKG
Website
http://www.eternityhealthcare.com
Eternity Healthcare Inc is a medical device company operating in the us. It focuses on manufacturing a needle-free injection system. The company emphasizes needle-free injection device technology for application in Diabetes, Pediatric Oncology, Multiple sclerosis, Multiple sclerosis, Anesthetics, Vaccine, Cardiovascular, and Migraine. The company adult stem cell storage is all located in North China, East China, and South China. The company targets market includes Guizhou, Yunan, Guangxi, Xinjiang, and Tibet.