QPL International Holdings (HKSE:00243) Cash-to-Debt : 2.73 (As of Oct. 2023)

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What is QPL International Holdings 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. QPL International Holdings's cash to debt ratio for the quarter that ended in Oct. 2023 was 2.73.

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, QPL International Holdings 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 QPL International Holdings's Cash-to-Debt or its related term are showing as below:

HKSE:00243' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.16 Med: 2.89 Max: 111.98
Current: 2.73

During the past 13 years, QPL International Holdings's highest Cash to Debt Ratio was 111.98. The lowest was 0.16. And the median was 2.89.

HKSE:00243's Cash-to-Debt is ranked better than
56.08% of 904 companies
in the Semiconductors industry
Industry Median: 1.885 vs HKSE:00243: 2.73

QPL International Holdings Cash-to-Debt Historical Data

The historical data trend for QPL International 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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QPL International Holdings Cash-to-Debt Chart

QPL International Holdings Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Cash-to-Debt

Get a 7-Day Free Trial

13.42

3.32

2.00

1.56

2.57

QPL International Holdings Semi-Annual Data
	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Cash-to-Debt	Get a 7-Day Free Trial															1.71	1.56	2.35	2.57	2.73

Competitive Comparison of QPL International Holdings's Cash-to-Debt

For the Semiconductors subindustry, QPL International 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.

QPL International Holdings's Cash-to-Debt Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, QPL International Holdings's Cash-to-Debt distribution charts can be found below:

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

QPL International 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.

QPL International Holdings'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)
	=	150.895	/	(58.323	+	0.443)
	=	2.57

QPL International Holdings'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)
	=	138.085	/	(50.633	+	0)
	=	2.73

QPL International Holdings (HKSE:00243) 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.

QPL International Holdings Cash-to-Debt Related Terms

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

QPL International Holdings (HKSE:00243) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » QPL International Holdings Ltd (HKSE:00243) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

22-28 Tai Chung Road, 8th Floor, Hale Weal Industrial Building, Tsuen Wan, New Territories, Hong Kong, HKG

Website

http://www.qpl.com

QPL International Holdings Ltd is engaged in the business of manufacturing and sale of integrated circuit lead frames, heatsinks, stiffners, and related products. The company derives the majority of its revenue from Malaysia, followed by the China. Some of the products of the company are small outline integrated circuit, quad flat package, thin quad flat package, plastic dual into package, plastic leaded chip carrier, and thin small outline package.

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