Ourgame International Holdings (FRA:13O) Cash-to-Debt : 10.28 (As of Jun. 2023)

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What is Ourgame International 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. Ourgame International Holdings's cash to debt ratio for the quarter that ended in Jun. 2023 was 10.28.

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, Ourgame International Holdings could pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

The historical rank and industry rank for Ourgame International Holdings's Cash-to-Debt or its related term are showing as below:

FRA:13O' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.74 Med: 10.94 Max: No Debt
Current: 10.28

During the past 10 years, Ourgame International Holdings's highest Cash to Debt Ratio was No Debt. The lowest was 0.74. And the median was 10.94.

FRA:13O's Cash-to-Debt is not ranked
in the Interactive Media industry.
Industry Median: 4.57 vs FRA:13O: 10.28

Ourgame International Holdings Cash-to-Debt Historical Data

The historical data trend for Ourgame International 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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Ourgame International Holdings Cash-to-Debt Chart

Ourgame International Holdings Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

Get a 7-Day Free Trial

2.31

0.98

0.89

10.78

9.58

Ourgame International Holdings Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Cash-to-Debt	Get a 7-Day Free Trial															1.14	10.78	11.10	9.58	10.28

Competitive Comparison of Ourgame International Holdings's Cash-to-Debt

For the Electronic Gaming & Multimedia subindustry, Ourgame International 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.

Ourgame International Holdings's Cash-to-Debt Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Ourgame International Holdings's Cash-to-Debt distribution charts can be found below:

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

Ourgame International 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.

Ourgame International Holdings's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 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)
	=	77.437	/	(1.642	+	6.445)
	=	9.58

Ourgame International Holdings's Cash to Debt Ratio for the quarter 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)
	=	73.337	/	(1.508	+	5.626)
	=	10.28

Ourgame International Holdings (FRA:13O) 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.

Ourgame International Holdings Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Ourgame International Holdings's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Ourgame International Holdings (FRA:13O) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Ourgame International Holdings Ltd (FRA:13O) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Matheson Street, 31/F, Tower Two Times Square, Causeway Bay, Hong Kong, HKG

Website

https://www.ourgame.com

Ourgame International Holdings Ltd is engaged in the development and operation of online card and board, organizing and broadcasting online to offline mind-sports events, tournaments, TV shows and content. The company's products include board games, card games, mahjong games, casual games, flash games, Texas Hold'em, Fight the Landlord, mobile games, and other self-developed games. It organizes its business in three segments namely PC games, Mobile games and others which include game tournaments organized by the company. Revenue generated by the company mostly comes from China through sales of games as well as sponsorship income and other miscellaneous revenue.

Ourgame International Holdings (FRA:13O) Headlines

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