The Hour Glass (SGX:AGS) Cash-to-Debt : 1.33 (As of Sep. 2023)

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What is The Hour Glass 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. The Hour Glass's cash to debt ratio for the quarter that ended in Sep. 2023 was 1.33.

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, The Hour Glass 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 The Hour Glass's Cash-to-Debt or its related term are showing as below:

SGX:AGS' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.03 Med: 1.49 Max: 10.91
Current: 1.33

During the past 13 years, The Hour Glass's highest Cash to Debt Ratio was 10.91. The lowest was 1.03. And the median was 1.49.

SGX:AGS's Cash-to-Debt is ranked better than
70.05% of 1102 companies
in the Retail - Cyclical industry
Industry Median: 0.47 vs SGX:AGS: 1.33

The Hour Glass Cash-to-Debt Historical Data

The historical data trend for The Hour Glass'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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The Hour Glass Cash-to-Debt Chart

The Hour Glass Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

Get a 7-Day Free Trial

10.91

1.07

1.26

1.50

1.46

The Hour Glass Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial															1.09	1.50	1.05	1.46	1.33

Competitive Comparison of The Hour Glass's Cash-to-Debt

For the Luxury Goods subindustry, The Hour Glass'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.

The Hour Glass's Cash-to-Debt Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, The Hour Glass's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where The Hour Glass's Cash-to-Debt falls into.

The Hour Glass 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.

The Hour Glass'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)
	=	244.553	/	(123.05	+	44.858)
	=	1.46

The Hour Glass'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)
	=	206.487	/	(113.996	+	41.294)
	=	1.33

The Hour Glass (SGX:AGS) 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.

The Hour Glass Cash-to-Debt Related Terms

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The Hour Glass (SGX:AGS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » The Hour Glass Ltd (SGX:AGS) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

302 Orchard Road, No. 11-01 Tong Building, Singapore, SGP, 238862

Website

https://www.thehourglass.com

The Hour Glass Ltd is a Singapore-based investment holding company. The company is engaged in the retailing and distribution of watches, jewellery and other luxury products. It also invests in properties. The company's geographical segments include South East Asia and Oceania; and North East Asia. It generates maximum revenue from South East Asia and Oceania segment. Some of its brands include A. Lange & Sohne, Blancpain, Cartier, Hublot, Rolex, and others.