Tam Jai International Co (HKSE:02217) Cash-to-Debt : 1.52 (As of Sep. 2023)

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What is Tam Jai International Co 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. Tam Jai International Co's cash to debt ratio for the quarter that ended in Sep. 2023 was 1.52.

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, Tam Jai International Co could pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

The historical rank and industry rank for Tam Jai International Co's Cash-to-Debt or its related term are showing as below:

HKSE:02217' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.56 Med: 1.16 Max: 1.93
Current: 1.52

During the past 5 years, Tam Jai International Co's highest Cash to Debt Ratio was 1.93. The lowest was 0.56. And the median was 1.16.

HKSE:02217's Cash-to-Debt is ranked better than
82.75% of 342 companies
in the Restaurants industry
Industry Median: 0.405 vs HKSE:02217: 1.52

Tam Jai International Co Cash-to-Debt Historical Data

The historical data trend for Tam Jai International Co'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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Tam Jai International Co Cash-to-Debt Chart

Tam Jai International Co Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

0.69

0.59

0.81

1.93

1.75

Tam Jai International Co Semi-Annual Data
	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial				0.56	1.93	1.65	1.75	1.52

Competitive Comparison of Tam Jai International Co's Cash-to-Debt

For the Restaurants subindustry, Tam Jai International Co'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.

Tam Jai International Co's Cash-to-Debt Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Tam Jai International Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Tam Jai International Co's Cash-to-Debt falls into.

Tam Jai International Co 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.

Tam Jai International Co's Cash to Debt Ratio for the fiscal year that ended in Mar. 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)
	=	1375.65	/	(351.59	+	436.212)
	=	1.75

Tam Jai International Co's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	1339.032	/	(388.17	+	493.472)
	=	1.52

Tam Jai International Co (HKSE:02217) 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.

Tam Jai International Co Cash-to-Debt Related Terms

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Tam Jai International Co (HKSE:02217) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Tam Jai International Co Ltd (HKSE:02217) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

29S:Germany

Address

No. 9 Cheung Yee Street, 8th Floor of D2 Place ONE, Cheung Sha Wan, Kowloon, Hong Kong, HKG

Website

https://www.tamjai-intl.com

Tam Jai International Co Ltd is a chain restaurant operator for fast casual restaurant chains, with operations in Mainland China and Singapore. It generates maximum revenue from Hong Kong.

Tam Jai International Co (HKSE:02217) Headlines

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