Global Digital Creations Holdings (HKSE:08271) Cash-to-Debt : 14,590.53 (As of Dec. 2023)

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What is Global Digital Creations 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. Global Digital Creations Holdings's cash to debt ratio for the quarter that ended in Dec. 2023 was 14,590.53.

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, Global Digital Creations Holdings could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

HKSE:08271' s Cash-to-Debt Range Over the Past 10 Years
Min: 4.16 Med: 5308.7 Max: 14590.53
Current: 14590.53

During the past 13 years, Global Digital Creations Holdings's highest Cash to Debt Ratio was 14590.53. The lowest was 4.16. And the median was 5308.70.

HKSE:08271's Cash-to-Debt is ranked better than
99.9% of 1039 companies
in the Media - Diversified industry
Industry Median: 1.28 vs HKSE:08271: 14590.53

Global Digital Creations Holdings Cash-to-Debt Historical Data

The historical data trend for Global Digital Creations 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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Global Digital Creations Holdings Cash-to-Debt Chart

Global Digital Creations Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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127.66

617.40

269.75

549.97

14,590.53

Global Digital Creations Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															549.97	N/A	1,754.77	N/A	14,590.53

Competitive Comparison of Global Digital Creations Holdings's Cash-to-Debt

For the Entertainment subindustry, Global Digital Creations 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.

Global Digital Creations Holdings's Cash-to-Debt Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Global Digital Creations Holdings's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Global Digital Creations Holdings's Cash-to-Debt falls into.

Global Digital Creations 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.

Global Digital Creations Holdings'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)
	=	248.039	/	(0.017	+	0)
	=	14,590.53

Global Digital Creations Holdings'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)
	=	248.039	/	(0.017	+	0)
	=	14,590.53

Global Digital Creations Holdings (HKSE:08271) 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.

Global Digital Creations Holdings Cash-to-Debt Related Terms

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Global Digital Creations Holdings (HKSE:08271) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Global Digital Creations Holdings Ltd (HKSE:08271) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

191 Java Road, Unit 1606, 16th Floor, K. Wah Centre, North Point, Hong Kong, HKG

Website

http://www.gdc-world.com

Global Digital Creations Holdings Ltd is an investment holding company. Along with its subsidiaries, the company is engaged in computer graphic (CG) creation and production. It operates in two segments Interactive Entertainment and Digital Assets segment including Interactive Entertainment and Digital Assets, an exhibition of television series and movies as well as the production of animated films. It is New Cultural and Sports Space segment that includes integrating culture and technology development business the original business of property leasing and building management services and new businesses. It operates in China, South Korea, Hong Kong, and other countries, of which the majority of the revenue comes from China.

Global Digital Creations Holdings (HKSE:08271) Headlines

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