Meta Media Holdings (HKSE:00072) Cash-to-Debt : 0.16 (As of Dec. 2023)

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What is Meta Media 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. Meta Media Holdings's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.16.

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

HKSE:00072' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.16 Med: 0.37 Max: 0.9
Current: 0.16

During the past 13 years, Meta Media Holdings's highest Cash to Debt Ratio was 0.90. The lowest was 0.16. And the median was 0.37.

HKSE:00072's Cash-to-Debt is ranked worse than
80.19% of 1035 companies
in the Media - Diversified industry
Industry Median: 1.28 vs HKSE:00072: 0.16

Meta Media Holdings Cash-to-Debt Historical Data

The historical data trend for Meta Media 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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Meta Media Holdings Cash-to-Debt Chart

Meta Media Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.25

0.48

0.23

0.17

0.16

Meta Media Holdings Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Cash-to-Debt	Get a 7-Day Free Trial															0.22	0.17	0.21	0.16	N/A

Competitive Comparison of Meta Media Holdings's Cash-to-Debt

For the Advertising Agencies subindustry, Meta Media 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.

Meta Media Holdings's Cash-to-Debt Distribution in the Media - Diversified Industry

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

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

Meta Media 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.

Meta Media 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)
	=	39.295	/	(193.508	+	53.675)
	=	0.16

Meta Media 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)
	=	39.295	/	(193.508	+	53.675)
	=	0.16

Meta Media Holdings (HKSE:00072) 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.

Meta Media Holdings Cash-to-Debt Related Terms

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Meta Media Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Meta Media Holdings Ltd (HKSE:00072) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Units 213, Number 1 Software Park Road, 2nd Floor, Block 2, Exhibition Centre, Guangdong Province, Zhuhai, CHN

Website

https://www.modernmedia.com.cn

Meta Media Holdings Ltd is an investment holding company principally engaged in media businesses. It operates through two segments. The art platform segment contributes the majority of the firm's revenue and is engaged in the sales of advertising spaces in magazines, the publication, and distribution of its magazines and periodicals, artwork trading, an auction, as well as art exhibition and education. The Digital platform segment is engaged in the publication of digital media products and sales of advertising spaces through a digital media platform, as well as the production of customized content for brand advertisers. The company operates in China, Hongkong, and the United Kingdom, out of which China accounts for the majority of the revenue.

Executives

Zhou Shao-min	2202 Interest of your spouse
Shao Zhong	2101 Beneficial owner

Meta Media Holdings Headlines

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