AMTD (AMTD IDEA Group) Cash-to-Debt : 1.25 (As of Dec. 2023)

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What is AMTD IDEA 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. AMTD IDEA Group's cash to debt ratio for the quarter that ended in Dec. 2023 was 1.25.

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, AMTD IDEA Group 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 AMTD IDEA Group's Cash-to-Debt or its related term are showing as below:

AMTD' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.05 Med: 2.01 Max: 6.72
Current: 1.25

During the past 8 years, AMTD IDEA Group's highest Cash to Debt Ratio was 6.72. The lowest was 1.05. And the median was 2.01.

AMTD's Cash-to-Debt is ranked worse than
58.97% of 1455 companies
in the Asset Management industry
Industry Median: 5.53 vs AMTD: 1.25

AMTD IDEA Group Cash-to-Debt Historical Data

The historical data trend for AMTD IDEA 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.

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AMTD IDEA Group Cash-to-Debt Chart

AMTD IDEA Group Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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5.65

1.54

1.05

6.72

1.25

AMTD IDEA Group Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial								1.05	0.86	6.72	1.67	1.25

Competitive Comparison of AMTD IDEA Group's Cash-to-Debt

For the Asset Management subindustry, AMTD IDEA 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.

AMTD IDEA Group's Cash-to-Debt Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, AMTD IDEA Group's Cash-to-Debt distribution charts can be found below:

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

AMTD IDEA 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.

AMTD IDEA 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)
	=	120.234	/	(66.175	+	30.373)
	=	1.25

AMTD IDEA 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)
	=	120.234	/	(66.175	+	30.373)
	=	1.25

AMTD IDEA Group (NYSE:AMTD) 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.

AMTD IDEA Group Cash-to-Debt Related Terms

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AMTD IDEA Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » AMTD IDEA Group (NYSE:AMTD) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

66 rue Jean-Jacques, Rousseau, Paris, FRA, 75001

Website

https://www.amtdinc.com

AMTD IDEA Group is a financial institution operating in five business segments: The capital market solutions segment assists customers in raising funds through equity and debt financing, private placements, and debt issuances. The digital solutions and other services segment provides institutional and corporate clients with paid access to enhance investor communication and relations, corporate communication also provides digital financial solution services. The Media and entertainment segment offers print and digital advertising campaigns, licensing, and marketing services including branded content, video production. The hotel operations, hospitality, and VIP services segment engages in hotel investments, hotel operations, hospitality, and VIP services; and Strategic investment segment.