Doyen International Holdings (HKSE:00668) Cash-to-Debt : 48.27 (As of Dec. 2023)

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What is Doyen 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. Doyen International Holdings's cash to debt ratio for the quarter that ended in Dec. 2023 was 48.27.

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

HKSE:00668' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.26 Med: 1.02 Max: 48.27
Current: 48.27

During the past 13 years, Doyen International Holdings's highest Cash to Debt Ratio was 48.27. The lowest was 0.26. And the median was 1.02.

HKSE:00668's Cash-to-Debt is ranked better than
84.48% of 509 companies
in the Credit Services industry
Industry Median: 0.23 vs HKSE:00668: 48.27

Doyen International Holdings Cash-to-Debt Historical Data

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

Doyen International Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.26

35.64

32.60

36.46

48.27

Doyen International 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															32.60	13.76	36.46	29.55	48.27

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

For the Credit Services subindustry, Doyen 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.

Doyen International Holdings's Cash-to-Debt Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Doyen International Holdings's Cash-to-Debt distribution charts can be found below:

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

Doyen 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.

Doyen International 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)
	=	166.525	/	(2.066	+	1.384)
	=	48.27

Doyen International 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)
	=	166.525	/	(2.066	+	1.384)
	=	48.27

Doyen International Holdings (HKSE:00668) 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.

Doyen International Holdings Cash-to-Debt Related Terms

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Doyen International Holdings (HKSE:00668) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Doyen International Holdings Ltd (HKSE:00668) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

25 Harbour Road, Harbour Centre, Suite 2206, 22nd Floor, Wanchai, Hong Kong, HKG

Website

http://www.doyenintl.com

Doyen International Holdings Ltd, through its subsidiaries, is engaged in the provision of loan financing and property investment and rental activities. The company's business segments are Investment property holding, Dongkui business, Distressed assets management, and Sales of flowers and plants. Investment property holding includes property investment and rental activities. Dongkui business includes the provision of loan financing. Distressed assets management engaged in the provision of distressed assets management. Sales of flowers and plants segment includes selling of flowers, seedlings and plants.

Executives

Galaxy Bond Holdings Limited	2106 Person having a security interest in shares
Lin Xuegang	2201 Interest of corporation controlled by you
Xue Yuewu	2201 Interest of corporation controlled by you
Money Success Limited	2101 Beneficial owner
Chiu Kit Hung	2202 Interest of your spouse
Lo Siu Yu	2201 Interest of corporation controlled by you
Chong Qing Ming Na Mao Yi You Xian Gong Si	2106 Person having a security interest in shares
Baoli International (hong Kong) Trading Co., Ltd.	2101 Beneficial owner
Hong Kong Jin Hua Jun Chang Industrial Limited	2101 Beneficial owner
You Tao	2201 Interest of corporation controlled by you
Jiang Su Hua Xi Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Chen Aini	2202 Interest of your spouse
Money Success Limited	2101 Beneficial owner
Lin Xuegang	2201 Interest of corporation controlled by you
Wealthy In Investments Limited	2201 Interest of corporation controlled by you

Doyen International Holdings (HKSE:00668) Headlines

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