Sound Global (HKSE:00967) Cash-to-Debt : 0.04 (As of Jun. 2019)

View and export this data going back to 2010. Start your Free Trial

What is Sound Global 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. Sound Global's cash to debt ratio for the quarter that ended in Jun. 2019 was 0.04.

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, Sound Global couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2019.

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

HKSE:00967's Cash-to-Debt is not ranked ^*
in the Utilities - Regulated industry.
Industry Median: 0.25
* Ranked among companies with meaningful Cash-to-Debt only.

Sound Global Cash-to-Debt Historical Data

The historical data trend for Sound Global'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.

* Premium members only.

Sound Global Cash-to-Debt Chart

Sound Global Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Cash-to-Debt

Get a 7-Day Free Trial

0.54

0.43

0.10

0.18

0.05

Sound Global Semi-Annual Data
	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19
Cash-to-Debt	Get a 7-Day Free Trial															0.12	0.18	0.42	0.05	0.04

Competitive Comparison of Sound Global's Cash-to-Debt

For the Utilities - Regulated Water subindustry, Sound Global'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.

Sound Global's Cash-to-Debt Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Sound Global's Cash-to-Debt distribution charts can be found below:

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

Sound Global 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.

Sound Global's Cash to Debt Ratio for the fiscal year that ended in Dec. 2018 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)
	=	571.756	/	(6598.754	+	6103.351)
	=	0.05

Sound Global's Cash to Debt Ratio for the quarter that ended in Jun. 2019 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)
	=	445.157	/	(3790.55	+	8315.699)
	=	0.04

Sound Global (HKSE:00967) 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.

Sound Global Cash-to-Debt Related Terms

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

Sound Global (HKSE:00967) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Sound Global Ltd (HKSE:00967) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

460 Alexandra Road, Fragrance Empire Building Number 04-03, Singapore, SGP, 119962

Website

http://www.soundglobal.com.sg

Sound Global Ltd is a utilities service provider. Its business mainly involves the provision of water supply and wastewater treatment solutions. The group develops proprietary technologies and customizes them into effective turnkey solutions for industrial and municipal projects. It is engaged in three operating segments, namely Turnkey Projects and Services, which is the key revenue generator; Equipment Fabrications; and Operations and maintenance of water supply and wastewater treatment facilities.

Executives

Century Plus Limited	2101 Beneficial owner
China Cinda Asset Management Co., Ltd.	2201 Interest of corporation controlled by you
Cinda Investment Co., Ltd.	2201 Interest of corporation controlled by you
Cui Wanlin	2201 Interest of corporation controlled by you
Jin Si Fang Investment (beijing) Company Limited	2201 Interest of corporation controlled by you
Ningbo Meishan Baoshuigangqu Jinxin Tairun Investment Partnership (limited Partnership)	2201 Interest of corporation controlled by you
Hainan Jianxin Investment Management Co., Ltd.	2201 Interest of corporation controlled by you
Wen Yibo	2201 Interest of corporation controlled by you
Zhang Huiming	2202 Interest of your spouse
Sound Water (bvi) Limited	2101 Beneficial owner
Changxing Sound Investment Partnership (limited Partnership)	2106 Person having a security interest in shares
Shoutai Jinxin (beijing ) Fund Investment & Management Co. Ltd	2201 Interest of corporation controlled by you
Shoutai Jinxin (changxing) Investment & Management Co. Ltd.	2201 Interest of corporation controlled by you

Sound Global (HKSE:00967) Headlines

No Headlines