Top KingWin (Top KingWin) Cash-to-Debt : 13.05 (As of Dec. 2023)

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What is Top KingWin 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. Top KingWin's cash to debt ratio for the quarter that ended in Dec. 2023 was 13.05.

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, Top KingWin 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 Top KingWin's Cash-to-Debt or its related term are showing as below:

TCJH' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.27 Med: 5.52 Max: 13.05
Current: 13.05

During the past 4 years, Top KingWin's highest Cash to Debt Ratio was 13.05. The lowest was 0.27. And the median was 5.52.

TCJH's Cash-to-Debt is ranked better than
68.77% of 791 companies
in the Capital Markets industry
Industry Median: 1.87 vs TCJH: 13.05

Top KingWin Cash-to-Debt Historical Data

The historical data trend for Top KingWin'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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Top KingWin Cash-to-Debt Chart

Top KingWin Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

0.27

6.12

4.92

13.05

Top KingWin Quarterly Data
	Dec20	Sep21	Dec21	Jun22	Sep22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial			N/A	4.35	4.92	11.22	13.05

Competitive Comparison of Top KingWin's Cash-to-Debt

For the Capital Markets subindustry, Top KingWin'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.

Top KingWin's Cash-to-Debt Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Top KingWin's Cash-to-Debt distribution charts can be found below:

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

Top KingWin 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.

Top KingWin'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)
	=	4.619	/	(0.192	+	0.162)
	=	13.05

Top KingWin'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)
	=	4.619	/	(0.192	+	0.162)
	=	13.05

Top KingWin (NAS:TCJH) 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.

Top KingWin Cash-to-Debt Related Terms

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Top KingWin (Top KingWin) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Top KingWin Ltd (NAS:TCJH) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Donghuan Street, No. 555, North Panyu Avenue, Room 1304, Building No. 25, Tian’an Headquarters Center, Panyu District, Guangdong Province, Guangzhou, CHN, 511400

Website

Top KingWin Ltd operates as a corporate business training and consulting company, providing personal and management training and financial consulting services. It provides a number of essential business services in China to young and emerging companies including corporate business training services, which mainly focus on advanced knowledge and new perspectives on the capital markets; corporate consulting services, which mainly focus on various aspects of fundraising, and advisory and transaction services. Its main clients are entrepreneurs and executives in China's small and medium enterprises (SMEs).

Top KingWin (Top KingWin) Headlines

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