Melbourne Enterprises (HKSE:00158) Cash-to-Debt : No Debt ⁽¹⁾ (As of Sep. 2023)

View and export this data going back to 1972. Start your Free Trial

What is Melbourne Enterprises 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. Melbourne Enterprises's cash to debt ratio for the quarter that ended in Sep. 2023 was No Debt ⁽¹⁾.

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, Melbourne Enterprises could pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

(1) 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.

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

HKSE:00158' s Cash-to-Debt Range Over the Past 10 Years
Min: No Debt Med: No Debt Max: No Debt
Current: No Debt

During the past 13 years, Melbourne Enterprises's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

HKSE:00158's Cash-to-Debt is ranked better than
99.66% of 1785 companies
in the Real Estate industry
Industry Median: 0.25 vs HKSE:00158: No Debt

Melbourne Enterprises Cash-to-Debt Historical Data

The historical data trend for Melbourne Enterprises'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.

Melbourne Enterprises Cash-to-Debt Chart

Melbourne Enterprises Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

Melbourne Enterprises Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Melbourne Enterprises's Cash-to-Debt

For the Real Estate Services subindustry, Melbourne Enterprises'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.

Melbourne Enterprises's Cash-to-Debt Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Melbourne Enterprises's Cash-to-Debt distribution charts can be found below:

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

Melbourne Enterprises 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.

Melbourne Enterprises's Cash to Debt Ratio for the fiscal year that ended in Sep. 2023 is calculated as:

Melbourne Enterprises had no debt ⁽¹⁾.

Melbourne Enterprises's Cash to Debt Ratio for the quarter that ended in Sep. 2023 is calculated as:

Melbourne Enterprises had no debt ⁽¹⁾.

Melbourne Enterprises (HKSE:00158) 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.

Melbourne Enterprises Cash-to-Debt Related Terms

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

Melbourne Enterprises (HKSE:00158) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Melbourne Enterprises Ltd (HKSE:00158) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

33 Queen’s Road Central, Rooms 2102-4, Melbourne Plaza, Hong Kong, HKG

Website

https://www.irasia.com/listco/hk/melbourneweb

Melbourne Enterprises Ltd is an investment holding company. The company's only operating segment is property investment. It generates maximum revenue from the Rental income. The properties under the company include Melbourne Plaza, Kimley Commercial Building, as well as residential properties in the Foshan Golf Club project.

Executives

Chung Kin Shu Kenneth	2304 Executor or administrator
Chung Yin Shu Frederick	2304 Executor or administrator

Melbourne Enterprises (HKSE:00158) Headlines

No Headlines

Melbourne Enterprises (HKSE:00158) Cash-to-Debt : No Debt (1) (As of Sep. 2023)