Antelope Enterprise Holdings (Antelope Enterprise Holdings) Cash-to-Debt

: 1.18 (As of Dec. 2022)

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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. Antelope Enterprise Holdings's cash to debt ratio for the quarter that ended in Dec. 2022 was 1.18.

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, Antelope Enterprise Holdings could pay off its debt using the cash in hand for the quarter that ended in Dec. 2022.

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

AEHL's Cash-to-Debt is not ranked ^*
in the Construction industry.
Industry Median: 0.64
* Ranked among companies with meaningful Cash-to-Debt only.

Antelope Enterprise Holdings Cash-to-Debt Historical Data

The historical data trend for Antelope Enterprise 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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Antelope Enterprise Holdings Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

0.25

0.20

0.13

0.34

1.18

Antelope Enterprise Holdings Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Cash-to-Debt																0.41	0.34	0.22	1.18	N/A

Competitive Comparison

For the Building Products & Equipment subindustry, Antelope Enterprise 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.

Antelope Enterprise Holdings Cash-to-Debt Distribution

For the Construction industry and Industrials sector, Antelope Enterprise Holdings's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Antelope Enterprise Holdings's Cash-to-Debt falls into.

Antelope Enterprise 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.

Antelope Enterprise Holdings'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)
	=	1.787	/	(0.232	+	1.281)
	=	1.18

Antelope Enterprise Holdings's Cash to Debt Ratio for the quarter 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)
	=	1.787	/	(0.232	+	1.281)
	=	1.18

Antelope Enterprise Holdings (NAS:AEHL) 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.

Antelope Enterprise Holdings Cash-to-Debt Related Terms

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Antelope Enterprise Holdings (Antelope Enterprise Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Antelope Enterprise Holdings Ltd (NAS:AEHL) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Zhonghai International Center, Room 1802, Block D, Hi-Tech Zone, Sichuan Province, Chengdu, CHN

Website

http://www.aehl-kylin.com

Antelope Enterprise Holdings Ltd is a manufacturer of ceramic tiles in China. Its ceramic tiles are used for exterior siding, interior flooring, and design in residential and commercial buildings. The company's products are Porcelain, Glazed, Glazed porcelain, Rustic, and Ultra-thin tiles which are sold under the Hengda or HD brand, the Hengdeli or HDL brand, TOERTO, WULIQIAO, and Pottery Capital of Tang Dynasty brands. It also provides business management consulting, information system technology consulting services including the sales of software use rights for digital data deposit platforms and asset management systems, and online social media platform development and consulting.

Executives

Nisswa Acquisition Master Fund Ltd.	other: no longer 10% owner	C/O MAPLES CORPORATE SVCS LIMITED, PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Pine River Capital Management L.p.	other: no longer 10% owner	601 CARLSON PARKWAY, 7TH FLOOR, MINNETONKA MN 55305
Brian Taylor	other: no longer 10% owner	C/O PINE RIVER CAPITAL MANAGEMENT, 601 CARLSON PARKWAY, 7TH FLOOR, MINNETONKA MN 55305