Founder Holdings (Founder Holdings) Cash-to-Debt : 218.75 (As of Dec. 2023)

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What is Founder 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. Founder Holdings's cash to debt ratio for the quarter that ended in Dec. 2023 was 218.75.

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

FHGDF' s Cash-to-Debt Range Over the Past 10 Years
Min: 2.7 Med: 4.56 Max: 250.94
Current: 218.97

During the past 13 years, Founder Holdings's highest Cash to Debt Ratio was 250.94. The lowest was 2.70. And the median was 4.56.

FHGDF's Cash-to-Debt is ranked better than
87.62% of 2787 companies
in the Software industry
Industry Median: 2.45 vs FHGDF: 218.97

Founder Holdings Cash-to-Debt Historical Data

The historical data trend for Founder 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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Founder Holdings Cash-to-Debt Chart

Founder Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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5.06

250.85

105.16

168.75

218.75

Founder Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															105.16	79.86	168.75	242.32	218.75

Competitive Comparison of Founder Holdings's Cash-to-Debt

For the Software - Application subindustry, Founder 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.

Founder Holdings's Cash-to-Debt Distribution in the Software Industry

For the Software industry and Technology sector, Founder Holdings's Cash-to-Debt distribution charts can be found below:

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

Founder 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.

Founder 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)
	=	96.029	/	(0.276	+	0.163)
	=	218.74

Founder 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)
	=	96.029	/	(0.276	+	0.163)
	=	218.74

Founder Holdings (OTCPK:FHGDF) 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.

Founder Holdings Cash-to-Debt Related Terms

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Founder Holdings (Founder Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Founder Holdings Ltd (OTCPK:FHGDF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

00418:Hong Kong FOU1:Germany

Address

9 Hoi Shing Road, Unit 1408, 14th Floor, New Territories, Cable TV Tower, Tsuen Wan, Hong Kong, HKG

Website

https://www.founder.com.hk

Founder Holdings Ltd is engaged in software development and systems integration. It operates in the business division of the provision of software development and system integration and information products distribution. Geographically, the company operates in Hong Kong, Mainland China, and other countries, of which key revenue is generated from Mainland China. The group serves in the fields of printing, media, publishing, big data, and fonts library.

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