Daisho Microline Holdings (HKSE:00567) Cash-to-Debt : 39.46 (As of Sep. 2024)

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What is Daisho Microline 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. Daisho Microline Holdings's cash to debt ratio for the quarter that ended in Sep. 2024 was 39.46.

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, Daisho Microline Holdings could pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

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

HKSE:00567' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.13 Med: 0.4 Max: 158.67
Current: 39.46

During the past 13 years, Daisho Microline Holdings's highest Cash to Debt Ratio was 158.67. The lowest was 0.13. And the median was 0.40.

HKSE:00567's Cash-to-Debt is ranked better than
92.13% of 394 companies
in the Packaging & Containers industry
Industry Median: 0.38 vs HKSE:00567: 39.46

Daisho Microline Holdings Cash-to-Debt Historical Data

The historical data trend for Daisho Microline 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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Daisho Microline Holdings Cash-to-Debt Chart

Daisho Microline Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

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0.37

0.34

5.99

50.36

158.67

Daisho Microline Holdings Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial															43.58	50.36	69.51	158.67	39.46

Competitive Comparison of Daisho Microline Holdings's Cash-to-Debt

For the Packaging & Containers subindustry, Daisho Microline 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.

Daisho Microline Holdings's Cash-to-Debt Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Daisho Microline Holdings's Cash-to-Debt distribution charts can be found below:

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

Daisho Microline 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.

Daisho Microline Holdings's Cash to Debt Ratio for the fiscal year that ended in Mar. 2024 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)
	=	37.605	/	(0.237	+	0)
	=	158.67

Daisho Microline Holdings's Cash to Debt Ratio for the quarter that ended in Sep. 2024 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)
	=	46.48	/	(0.66	+	0.518)
	=	39.46

Daisho Microline Holdings (HKSE:00567) 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.

Daisho Microline Holdings Cash-to-Debt Related Terms

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

Daisho Microline Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Daisho Microline Holdings Ltd (HKSE:00567) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

33 Lee Chung Street, Unit A, 10th Floor, Fook Hing Industrial Building, Chai Wan, Hong Kong, HKG

Website

http://www.daisho-microline.com

Daisho Microline Holdings Ltd is an investment holding company. The company's segment includes the Manufacturing and trading of printed circuit boards; Trading of petroleum and energy products and related business; the Manufacturing and trading of printing and packaging products; and Investments in funds. The company generates maximum revenue from the Manufacturing and trading of printing and packaging products segment. The company operates in Hong Kong, PRC, South Korea, North America, Europe and Other Countries, of which it derives maximum revenue from Europe.

Executives

Ng Man Chan	2101 Beneficial owner
Li Mi Lai	2202 Interest of your spouse
Ng Man Chan	2103 Interests held jointly with another person
Chu Yuet Wah	2201 Interest of corporation controlled by you
Spring Global Enterprises Limited	2101 Beneficial owner
Cheung Ling Mun	2101 Beneficial owner
Ample Cheer Limited	2201 Interest of corporation controlled by you
Kingston Finance Limited	2106 Person having a security interest in shares
Apact Consultancy (hong Kong) Company Limited	2102 Investment manager
Cheung Lai Ming	2101 Beneficial owner
Cheung Lai Na	2301 Trustee

Daisho Microline Holdings Headlines

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