Tradelink Electronic Commerce (HKSE:00536) Cash-to-Debt : 302.52 (As of Dec. 2023)

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What is Tradelink Electronic Commerce 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. Tradelink Electronic Commerce's cash to debt ratio for the quarter that ended in Dec. 2023 was 302.52.

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, Tradelink Electronic Commerce 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 Tradelink Electronic Commerce's Cash-to-Debt or its related term are showing as below:

HKSE:00536' s Cash-to-Debt Range Over the Past 10 Years
Min: 162.78 Med: 430.47 Max: No Debt
Current: 302.52

During the past 13 years, Tradelink Electronic Commerce's highest Cash to Debt Ratio was No Debt. The lowest was 162.78. And the median was 430.47.

HKSE:00536's Cash-to-Debt is ranked better than
88.46% of 2798 companies
in the Software industry
Industry Median: 2.42 vs HKSE:00536: 302.52

Tradelink Electronic Commerce Cash-to-Debt Historical Data

The historical data trend for Tradelink Electronic Commerce'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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Tradelink Electronic Commerce Cash-to-Debt Chart

Tradelink Electronic Commerce Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

191.32

162.78

367.14

493.80

302.52

Tradelink Electronic Commerce 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															367.14	291.02	493.80	No Debt	302.52

Competitive Comparison of Tradelink Electronic Commerce's Cash-to-Debt

For the Software - Application subindustry, Tradelink Electronic Commerce'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.

Tradelink Electronic Commerce's Cash-to-Debt Distribution in the Software Industry

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

* The bar in red indicates where Tradelink Electronic Commerce's Cash-to-Debt falls into.

Tradelink Electronic Commerce 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.

Tradelink Electronic Commerce'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)
	=	444.698	/	(0.708	+	0.762)
	=	302.52

Tradelink Electronic Commerce'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)
	=	444.698	/	(0.708	+	0.762)
	=	302.52

Tradelink Electronic Commerce (HKSE:00536) 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.

Tradelink Electronic Commerce Cash-to-Debt Related Terms

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Tradelink Electronic Commerce (HKSE:00536) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Tradelink Electronic Commerce Ltd (HKSE:00536) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

T2E:Germany

Address

63 Wo Yi Hop Road, 11th Floor and 12th Floor, Tower B, Regent Centre, Kwai Chung, Hong Kong, HKG

Website

https://www.tradelink.com.hk

Tradelink Electronic Commerce Ltd is mainly engaged in the provision of Government Electronic Trading Services (GETS) for processing certain official trade-related documents. It operates in the following segments: E-commerce, which accounts for the majority of revenue; Identity Management; and Other Services. The E-commerce segment is engaged in providing the Group's Government Electronic Trading Services and supply chain solutions. The Identity Management segment provides security products, digital certificates, security solutions, and biometric-based authentication solutions for identity management. The Other Services segment comprises handling fees for the conversion of the paper form to electronic messages, income from the provision of technical support, and other project services.

Tradelink Electronic Commerce (HKSE:00536) Headlines

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