AMTD Digital (AMTD Digital) Cash-to-Debt : 2.16 (As of Oct. 2023)

View and export this data going back to 2022. Start your Free Trial

What is AMTD Digital 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. AMTD Digital's cash to debt ratio for the quarter that ended in Oct. 2023 was 2.16.

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, AMTD Digital could pay off its debt using the cash in hand for the quarter that ended in Oct. 2023.

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

HKD' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.36 Med: No Debt Max: No Debt
Current: 2.16

During the past 5 years, AMTD Digital's highest Cash to Debt Ratio was No Debt. The lowest was 1.36. And the median was No Debt.

HKD's Cash-to-Debt is ranked worse than
52.33% of 2725 companies
in the Software industry
Industry Median: 2.49 vs HKD: 2.16

AMTD Digital Cash-to-Debt Historical Data

The historical data trend for AMTD Digital'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.

AMTD Digital Cash-to-Debt Chart

AMTD Digital Annual Data

Trend

Apr19

Apr20

Apr21

Apr22

Apr23

Cash-to-Debt

No Debt

1.36

AMTD Digital Semi-Annual Data
	Apr19	Apr20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Cash-to-Debt	Get a 7-Day Free Trial			N/A	No Debt	No Debt	1.36	2.16

Competitive Comparison of AMTD Digital's Cash-to-Debt

For the Software - Application subindustry, AMTD Digital'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.

AMTD Digital's Cash-to-Debt Distribution in the Software Industry

For the Software industry and Technology sector, AMTD Digital's Cash-to-Debt distribution charts can be found below:

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

AMTD Digital 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.

AMTD Digital's Cash to Debt Ratio for the fiscal year that ended in Apr. 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)
	=	162.958	/	(119.606	+	0)
	=	1.36

AMTD Digital's Cash to Debt Ratio for the quarter that ended in Oct. 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)
	=	141.479	/	(15	+	50.565)
	=	2.16

AMTD Digital (NYSE:HKD) 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.

AMTD Digital Cash-to-Debt Related Terms

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

AMTD Digital (AMTD Digital) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » AMTD Digital Inc (NYSE:HKD) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

27-29 rue de Bassano, Paris, FRA

Website

https://www.amtdigital.net

AMTD Digital Inc is a comprehensive digital solutions platform in Asia with businesses spanning multiple verticals, including digital financial services, SpiderNet ecosystem solutions, digital media, content, and marketing, and digital investments.