Poly Culture Group (FRA:0P4) Cash-to-Debt : 0.22 (As of Jun. 2023)

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What is Poly Culture Group 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. Poly Culture Group's cash to debt ratio for the quarter that ended in Jun. 2023 was 0.22.

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, Poly Culture Group couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

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

FRA:0P4' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.17 Med: 0.7 Max: 34.22
Current: 0.22

During the past 11 years, Poly Culture Group's highest Cash to Debt Ratio was 34.22. The lowest was 0.17. And the median was 0.70.

FRA:0P4's Cash-to-Debt is not ranked
in the Media - Diversified industry.
Industry Median: 1.235 vs FRA:0P4: 0.22

Poly Culture Group Cash-to-Debt Historical Data

The historical data trend for Poly Culture Group'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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Poly Culture Group Cash-to-Debt Chart

Poly Culture Group Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

Get a 7-Day Free Trial

0.99

0.21

0.20

0.25

0.51

Poly Culture Group 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	Get a 7-Day Free Trial															0.28	0.25	0.17	0.51	0.22

Competitive Comparison of Poly Culture Group's Cash-to-Debt

For the Entertainment subindustry, Poly Culture Group'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.

Poly Culture Group's Cash-to-Debt Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Poly Culture Group's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Poly Culture Group's Cash-to-Debt falls into.

Poly Culture Group 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.

Poly Culture Group'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)
	=	411.877	/	(573.334	+	240.999)
	=	0.51

Poly Culture Group's Cash to Debt Ratio for the quarter 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)
	=	164.724	/	(602.802	+	154.938)
	=	0.22

Poly Culture Group (FRA:0P4) 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.

Poly Culture Group Cash-to-Debt Related Terms

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

Poly Culture Group (FRA:0P4) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Poly Culture Group Corporation Ltd (FRA:0P4) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 North Street of Chaoyangmen, District A, B and C, 11th Floor, Dongcheng District, Beijing, CHN, 100010

Website

http://www.polyculture.com.cn

Poly Culture Group Corporation Ltd is engaged in art business and auction, performance and theater management, and cinema investment and management. Its Art business and the auction include buy and sell antiques, modern and contemporary calligraphy and painting, ancient calligraphy and painting, oil painting and sculpture, and other cultural relics and artwork. It also provides artwork investment consultation and other services. Performance and theatre management, which is the key revenue driver, includes daily management of the theatre, the arrangement of performances, leases of theatres and theatre design consultation services. Cinema Investment and management includes cinema construction and cinema operation. It earns the majority of its revenue in Mainland China.

Poly Culture Group (FRA:0P4) Headlines

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