ARPC (Arem Pacific) Cash-to-Debt : 0.26 (As of Mar. 2024)

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What is Arem Pacific 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. Arem Pacific's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.26.

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, Arem Pacific couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

ARPC' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.06 Med: 0.31 Max: No Debt
Current: 0.26

During the past 7 years, Arem Pacific's highest Cash to Debt Ratio was No Debt. The lowest was 0.06. And the median was 0.31.

ARPC's Cash-to-Debt is not ranked
in the Healthcare Providers & Services industry.
Industry Median: 0.78 vs ARPC: 0.26

Arem Pacific Cash-to-Debt Historical Data

The historical data trend for Arem Pacific'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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Arem Pacific Cash-to-Debt Chart

Arem Pacific Annual Data

Trend

Jun15

Jun16

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

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0.36

0.06

0.28

0.40

0.19

Arem Pacific Quarterly Data
	Mar15	Jun15	Sep15	Mar16	Jun16	Sep16	Jun19	Jun20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															0.18	0.19	0.19	0.28	0.26

Competitive Comparison of Arem Pacific's Cash-to-Debt

For the Medical Care Facilities subindustry, Arem Pacific'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.

Arem Pacific's Cash-to-Debt Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Arem Pacific's Cash-to-Debt distribution charts can be found below:

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

Arem Pacific 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.

Arem Pacific's Cash to Debt Ratio for the fiscal year that ended in Jun. 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)
	=	0.043	/	(0.073	+	0.152)
	=	0.19

Arem Pacific'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)
	=	0.047	/	(0.088	+	0.094)
	=	0.26

Arem Pacific (OTCPK:ARPC) 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.

Arem Pacific Cash-to-Debt Related Terms

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

Arem Pacific Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Arem Pacific Corp (OTCPK:ARPC) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

271 Blackburn Road, Mount Waverley, Melbourne, VIC, AUS, 3149

Website

https://www.aremzen.com

Arem Pacific Corporation is engaged in providing wellness services. The company operates in one industry and one geographical segment, those being Oriental holistic health services and Australia. The Wellness center provides services including Acupressure/Reflexology which is acupuncture without needles, Massage Therapy involving application of soft-tissue manipulation techniques to the body and Cupping involving warming of glass cups through a flammable substance. It also offers Neck, shoulder, back, legs, full body massages and deep tissue and hot oil massage. It derives revenues through the provision of therapeutic health services from its Oriental holistic health centres.

Arem Pacific Headlines

From GuruFocus

Arem Pacific Corporation, together with the HongCai Holdings (Shenzhen) Co., Ltd., and JiaYouTong Electronic Payment Co., Ltd. held a "Nasdaq-listed signing ceremony" in Guangzhou China and signed a strategic partnership agreement.

By [email protected] [email protected] • 09-12-2019