Hangzhou Haoyue Personal Care Co (SHSE:605009) Cash-to-Debt : 7.11 (As of Mar. 2024)

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What is Hangzhou Haoyue Personal Care 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. Hangzhou Haoyue Personal Care Co's cash to debt ratio for the quarter that ended in Mar. 2024 was 7.11.

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, Hangzhou Haoyue Personal Care Co could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

The historical rank and industry rank for Hangzhou Haoyue Personal Care Co's Cash-to-Debt or its related term are showing as below:

SHSE:605009' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.3 Med: 17.78 Max: 1332.15
Current: 7.11

During the past 8 years, Hangzhou Haoyue Personal Care Co's highest Cash to Debt Ratio was 1332.15. The lowest was 0.30. And the median was 17.78.

SHSE:605009's Cash-to-Debt is ranked better than
81.75% of 1852 companies
in the Consumer Packaged Goods industry
Industry Median: 0.53 vs SHSE:605009: 7.11

Hangzhou Haoyue Personal Care Co Cash-to-Debt Historical Data

The historical data trend for Hangzhou Haoyue Personal Care 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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Hangzhou Haoyue Personal Care Co Cash-to-Debt Chart

Hangzhou Haoyue Personal Care Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.65

25.68

217.99

281.18

6.25

Hangzhou Haoyue Personal Care Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															9.87	6.69	7.04	6.25	7.11

Competitive Comparison of Hangzhou Haoyue Personal Care Co's Cash-to-Debt

For the Household & Personal Products subindustry, Hangzhou Haoyue Personal Care 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.

Hangzhou Haoyue Personal Care Co's Cash-to-Debt Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Hangzhou Haoyue Personal Care Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Hangzhou Haoyue Personal Care Co's Cash-to-Debt falls into.

Hangzhou Haoyue Personal Care 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.

Hangzhou Haoyue Personal Care Co'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)
	=	2295.949	/	(359.447	+	7.654)
	=	6.25

Hangzhou Haoyue Personal Care Co's Cash to Debt Ratio for the quarter that ended in Mar. 2024 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)
	=	2011.967	/	(279.496	+	3.504)
	=	7.11

Hangzhou Haoyue Personal Care Co (SHSE:605009) 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.

Hangzhou Haoyue Personal Care Co Cash-to-Debt Related Terms

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

Hangzhou Haoyue Personal Care Co (SHSE:605009) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Hangzhou Haoyue Personal Care Co Ltd (SHSE:605009) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 3, Fengdu Road, Pingyao, Yuhang District, Zhejiang Province, Hangzhou, CHN, 310026

Website

http://www.hz-haoyue.com

Hangzhou Haoyue Personal Care Co Ltd is engaged in manufacturing and sales as a whole and focuses on women, young and adult health care products. The products produced and operated under the banner of haoyue are baby step pants, paper diapers, paper diapers, wet towels, adult Lala pants, diapers, paper diapers, nursing mats, wet towels, female sanitary napkins, menstrual care pants, maternity and baby dual-use napkins, parturient towel, among others.

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