Sky Blue 11 Co (HKSE:01010) Cash-to-Debt : 16.44 (As of Jun. 2024)

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What is Sky Blue 11 Co 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. Sky Blue 11 Co's cash to debt ratio for the quarter that ended in Jun. 2024 was 16.44.

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, Sky Blue 11 Co 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 Sky Blue 11 Co's Cash-to-Debt or its related term are showing as below:

HKSE:01010' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.44 Med: 129 Max: No Debt
Current: 16.44

During the past 13 years, Sky Blue 11 Co's highest Cash to Debt Ratio was No Debt. The lowest was 0.44. And the median was 129.00.

HKSE:01010's Cash-to-Debt is ranked better than
88.58% of 1305 companies
in the Vehicles & Parts industry
Industry Median: 0.55 vs HKSE:01010: 16.44

Sky Blue 11 Co Cash-to-Debt Historical Data

The historical data trend for Sky Blue 11 Co'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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Sky Blue 11 Co Cash-to-Debt Chart

Sky Blue 11 Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.56

4.96

0.44

63.46

3.96

Sky Blue 11 Co 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															0.45	63.46	16.71	3.96	16.44

Competitive Comparison of Sky Blue 11 Co's Cash-to-Debt

For the Recreational Vehicles subindustry, Sky Blue 11 Co'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.

Sky Blue 11 Co's Cash-to-Debt Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Sky Blue 11 Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Sky Blue 11 Co's Cash-to-Debt falls into.

Sky Blue 11 Co 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.

Sky Blue 11 Co'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)
	=	21.724	/	(3.495	+	1.99)
	=	3.96

Sky Blue 11 Co'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)
	=	67.751	/	(2.562	+	1.56)
	=	16.44

Sky Blue 11 Co (HKSE:01010) 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.

Sky Blue 11 Co Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Sky Blue 11 Co's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Sky Blue 11 Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Sky Blue 11 Co Ltd (HKSE:01010) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

18 Harbour Road, Suite 6504, 65th Floor, Central Plaza, Wanchai, Hong Kong, HKG

Website

https://skyblue11.com

Sky Blue 11 Co Ltd is an investment holding company. The reportable segment of the company is the design and sales of integrated circuits and semi-conductor parts used in industrial and household measuring tools and display products; executive jet management services; manufacturing and sales of yachts and other yacht-related businesses; property investment and Headquarter and others segment which comprises principally the Group's corporate administrative and investment functions performed by the headquarter and provision of finance lease services. Its geographical markets include Hong Kong and Mainland China. The majority of revenue is from the manufacturing and sales of yachts and other yacht-related businesses.

Executives

Duan Hongtao	2201 Interest of corporation controlled by you
Zhong Ying Guo Ji Kong Gu Ji Tuan You Xian Gong Si	2101 Beneficial owner
Arrab Chalid	2201 Interest of corporation controlled by you
Lloyds Investment Group Fzco	2101 Beneficial owner
Duan Hongtao	2201 Interest of corporation controlled by you
Ever Digital Limited	2101 Beneficial owner
Ever Digital Limited	2101 Beneficial owner
Tong Liang	2201 Interest of corporation controlled by you
Yao Zheng Guo Ji Kong Gu You Xian Gong Si	2101 Beneficial owner

Sky Blue 11 Co Headlines

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