Pop Culture Group Co (Pop Culture Group Co) Cash-to-Debt : 0.57 (As of Dec. 2023)

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What is Pop Culture Group Co 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. Pop Culture Group Co's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.57.

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, Pop Culture Group Co couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

The historical rank and industry rank for Pop Culture Group Co's Cash-to-Debt or its related term are showing as below:

CPOP' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.19 Med: 0.67 Max: 5.06
Current: 0.57

During the past 5 years, Pop Culture Group Co's highest Cash to Debt Ratio was 5.06. The lowest was 0.19. And the median was 0.67.

CPOP's Cash-to-Debt is ranked worse than
62.37% of 1031 companies
in the Media - Diversified industry
Industry Median: 1.27 vs CPOP: 0.57

Pop Culture Group Co Cash-to-Debt Historical Data

The historical data trend for Pop Culture Group Co'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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Pop Culture Group Co Cash-to-Debt Chart

Pop Culture Group Co Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

0.28

0.64

0.19

2.62

0.70

Pop Culture Group Co Semi-Annual Data
	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial					5.06	2.62	0.67	0.70	0.57

Competitive Comparison of Pop Culture Group Co's Cash-to-Debt

For the Entertainment subindustry, Pop Culture Group Co'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.

Pop Culture Group Co's Cash-to-Debt Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Pop Culture Group Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Pop Culture Group Co's Cash-to-Debt falls into.

Pop Culture Group Co 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.

Pop Culture Group Co's Cash to Debt Ratio for the fiscal year that ended in Jun. 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)
	=	3.637	/	(5.195	+	0.04)
	=	0.69

Pop Culture Group Co'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)
	=	3.11	/	(4.664	+	0.753)
	=	0.57

Pop Culture Group Co (NAS:CPOP) 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.

Pop Culture Group Co Cash-to-Debt Related Terms

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Pop Culture Group Co (Pop Culture Group Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Pop Culture Group Co Ltd (NAS:CPOP) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

3rd Floor, No. 168 Fengqi Road, Jimei District, Fujian Province, Xiamen, CHN, 361008

Website

http://www.cpop.cn

Pop Culture Group Co Ltd hosts entertainment events, operates hip-hop-related online programs, and provides event planning and execution services and marketing services to corporate clients. It generates revenue from our Event Hosting business by providing sponsorship packages to advertisers in exchange for sponsorship fees and by selling tickets for those concerts.