Twintek Investment Holdings (HKSE:06182) Cash-to-Debt : 0.38 (As of Sep. 2023)

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What is Twintek Investment 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. Twintek Investment Holdings's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.38.

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, Twintek Investment Holdings couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

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

HKSE:06182' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.07 Med: 0.6 Max: 2.38
Current: 0.38

During the past 9 years, Twintek Investment Holdings's highest Cash to Debt Ratio was 2.38. The lowest was 0.07. And the median was 0.60.

HKSE:06182's Cash-to-Debt is ranked worse than
63.22% of 1672 companies
in the Construction industry
Industry Median: 0.63 vs HKSE:06182: 0.38

Twintek Investment Holdings Cash-to-Debt Historical Data

The historical data trend for Twintek Investment 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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Twintek Investment Holdings Cash-to-Debt Chart

Twintek Investment Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

Get a 7-Day Free Trial

1.45

1.40

1.14

0.58

0.37

Twintek Investment Holdings Semi-Annual Data
	Mar15	Mar16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial											0.60	0.58	0.48	0.37	0.38

Competitive Comparison of Twintek Investment Holdings's Cash-to-Debt

For the Engineering & Construction subindustry, Twintek Investment 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.

Twintek Investment Holdings's Cash-to-Debt Distribution in the Construction Industry

For the Construction industry and Industrials sector, Twintek Investment Holdings's Cash-to-Debt distribution charts can be found below:

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

Twintek Investment 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.

Twintek Investment Holdings'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)
	=	24.774	/	(65.678	+	0.826)
	=	0.37

Twintek Investment Holdings'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)
	=	23.738	/	(62.661	+	0.363)
	=	0.38

Twintek Investment Holdings (HKSE:06182) 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.

Twintek Investment Holdings Cash-to-Debt Related Terms

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

Twintek Investment Holdings (HKSE:06182) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Twintek Investment Holdings Ltd (HKSE:06182) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

1065 King's Road, Quarry Bay, Room 806, 8th Floor, Eastern Centre, Hong Kong, HKG

Website

https://www.kwantaieng.com

Twintek Investment Holdings Ltd is a building materials contractor. The company offers building materials and relevant installation services mainly in Hong Kong. Its products include timber flooring products; interior wall-fill materials, in particular, gypsum block and drywall partition products interior composite panel lining, in particular, SPC wall panels, and woodwork products; and roof tiles. The Group's revenue was generated from two segments of construction contracts, sales of building materials A majority of revenue is generated from the Construction contract segment. The group's operations are located in Hong Kong.

Executives

Helios Enterprise Holding Limited	2101 Beneficial owner
Fung Pik Mei	2202 Interest of your spouse
Lo Wing Cheung	2201 Interest of corporation controlled by you

Twintek Investment Holdings (HKSE:06182) Headlines

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