Modern Dental Group (HKSE:03600) Cash-to-Debt : 0.82 (As of Dec. 2023)

View and export this data going back to 2015. Start your Free Trial

What is Modern Dental 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. Modern Dental Group's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.82.

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, Modern Dental Group couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

HKSE:03600' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.39 Med: 0.55 Max: 1.46
Current: 0.82

During the past 10 years, Modern Dental Group's highest Cash to Debt Ratio was 1.46. The lowest was 0.39. And the median was 0.55.

HKSE:03600's Cash-to-Debt is ranked worse than
66.08% of 858 companies
in the Medical Devices & Instruments industry
Industry Median: 1.895 vs HKSE:03600: 0.82

Modern Dental Group Cash-to-Debt Historical Data

The historical data trend for Modern Dental 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.

* Premium members only.

Modern Dental Group Cash-to-Debt Chart

Modern Dental Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.39

0.68

0.76

0.56

0.82

Modern Dental Group Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial														0.76	0.52	0.56	0.64	0.82

Competitive Comparison of Modern Dental Group's Cash-to-Debt

For the Medical Instruments & Supplies subindustry, Modern Dental 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.

Modern Dental Group's Cash-to-Debt Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Modern Dental Group's Cash-to-Debt distribution charts can be found below:

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

Modern Dental 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.

Modern Dental Group's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
	=	697.694	/	(110.163	+	742.037)
	=	0.82

Modern Dental Group's Cash to Debt Ratio for the quarter that ended in Dec. 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)
	=	697.694	/	(110.163	+	742.037)
	=	0.82

Modern Dental Group (HKSE:03600) 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.

Modern Dental Group Cash-to-Debt Related Terms

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

Modern Dental Group (HKSE:03600) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Modern Dental Group Ltd (HKSE:03600) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

1MD:Germany

Address

77 Wing Hong Street, Room 01-07, 09-16, 17th Floor, CEO Tower, Cheung Sha Wan, Kowloon, Hong Kong, HKG

Website

https://www.moderndentalgp.com

Modern Dental Group Ltd, along with its subsidiaries, is engaged in providing dental prosthetic devices. Its product portfolio is categorized into three segments, Fixed prosthetic devices such as crowns and bridges; Removable prosthetic devices such as removable dentures; and Other devices such as orthodontic devices, sports guards, and anti-snoring devices, raw materials, dental equipment, and services of educational events and seminars rendered. It generates a majority of the revenue from the sale of the Fixed prosthetic devices segment. Its geographical segments are Europe, North America, Australia, Greater China, and other countries.

Executives

Chan Kwun Fung
Chan Kwun Pan
Ngai Shing Kin
Ngai Chi Ho Alwin
Triera Holdings Limited	2101 Beneficial owner
Ncha Holdings Limited	2101 Beneficial owner

Modern Dental Group (HKSE:03600) Headlines

No Headlines