NetDragon Websoft (HKSE:00777) Cash-to-Debt : 1.25 (As of Jun. 2024)

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What is NetDragon Websoft 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. NetDragon Websoft's cash to debt ratio for the quarter that ended in Jun. 2024 was 1.25.

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, NetDragon Websoft could pay off its debt using the cash in hand for the quarter that ended in Jun. 2024.

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

HKSE:00777' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.25 Med: 3.1 Max: 74.8
Current: 1.25

During the past 13 years, NetDragon Websoft's highest Cash to Debt Ratio was 74.80. The lowest was 1.25. And the median was 3.10.

HKSE:00777's Cash-to-Debt is ranked worse than
72.62% of 577 companies
in the Interactive Media industry
Industry Median: 4.96 vs HKSE:00777: 1.25

NetDragon Websoft Cash-to-Debt Historical Data

The historical data trend for NetDragon Websoft'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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NetDragon Websoft Cash-to-Debt Chart

NetDragon Websoft Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

3.73

2.75

2.64

1.82

1.48

NetDragon Websoft 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															2.19	1.82	1.70	1.48	1.25

Competitive Comparison of NetDragon Websoft's Cash-to-Debt

For the Electronic Gaming & Multimedia subindustry, NetDragon Websoft'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.

NetDragon Websoft's Cash-to-Debt Distribution in the Interactive Media Industry

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

* The bar in red indicates where NetDragon Websoft's Cash-to-Debt falls into.

NetDragon Websoft 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.

NetDragon Websoft'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)
	=	2852.575	/	(1217.376	+	716.425)
	=	1.48

NetDragon Websoft's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	2929.275	/	(2221.986	+	118.42)
	=	1.25

NetDragon Websoft (HKSE:00777) 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.

NetDragon Websoft Cash-to-Debt Related Terms

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

NetDragon Websoft Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » NetDragon Websoft Inc (HKSE:00777) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

3ND:Germany

Address

58 Wenquan Branch Road, 851 Building, Fuzhou, CHN

Website

http://www.nd.com.cn

NetDragon Websoft Inc is a Chinese holding company that engages in developing and operating online and mobile games as well as educational platforms. NetDragon's games include PC games, web-based games, mobile games, and e-sports games. PC games constitute the majority of the company's games sales. The company's game portfolio is composed of a range of games that appeal to various types of players. These games include Way of the Five, Eudemons Online, Conquer Online, Zero Online, and Heroes of Might & Magic Online. The company has operations in North America, Europe, and Asia.

Executives

Zhou Quan	2201 Interest of corporation controlled by you
Idg-accel China Growth Fund Gp Associates Ltd.	2201 Interest of corporation controlled by you
Ho Chi Sing	2201 Interest of corporation controlled by you
Liu Luyuan	2401 A concert party to an agreement to buy shares
Liu Dejian	2401 A concert party to an agreement to buy shares
Zheng Hui	2401 A concert party to an agreement to buy shares
Djm Holding Ltd.	2101 Beneficial owner
Idg-accel China Growth Fund L.p.	2101 Beneficial owner
Idg-accel China Growth Fund Associates L.p.	2201 Interest of corporation controlled by you

NetDragon Websoft Headlines

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