Sitoy Group Holdings (HKSE:01023) Cash-to-Debt : 22.60 (As of Dec. 2024)

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What is Sitoy Group 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. Sitoy Group Holdings's cash to debt ratio for the quarter that ended in Dec. 2024 was 22.60.

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, Sitoy Group Holdings could pay off its debt using the cash in hand for the quarter that ended in Dec. 2024.

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

HKSE:01023' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.5 Med: 8.66 Max: No Debt
Current: 22.6

During the past 13 years, Sitoy Group Holdings's highest Cash to Debt Ratio was No Debt. The lowest was 1.50. And the median was 8.66.

HKSE:01023's Cash-to-Debt is ranked better than
89.3% of 1019 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.47 vs HKSE:01023: 22.60

Sitoy Group Holdings Cash-to-Debt Historical Data

The historical data trend for Sitoy Group 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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Sitoy Group Holdings Cash-to-Debt Chart

Sitoy Group Holdings Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Cash-to-Debt

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1.50

2.27

2.90

8.50

12.88

Sitoy Group Holdings Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Cash-to-Debt	Get a 7-Day Free Trial															4.75	8.50	8.82	12.88	22.60

Competitive Comparison of Sitoy Group Holdings's Cash-to-Debt

For the Footwear & Accessories subindustry, Sitoy Group 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.

Sitoy Group Holdings's Cash-to-Debt Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Sitoy Group Holdings's Cash-to-Debt distribution charts can be found below:

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

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Sitoy Group 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.

Sitoy Group Holdings's Cash to Debt Ratio for the fiscal year 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)
	=	460.551	/	(17.224	+	18.543)
	=	12.88

Sitoy Group Holdings's Cash to Debt Ratio for the quarter that ended in Dec. 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)
	=	437.531	/	(7.549	+	11.807)
	=	22.60

Sitoy Group Holdings (HKSE:01023) 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.

Sitoy Group Holdings Cash-to-Debt Related Terms

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Sitoy Group Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Sitoy Group Holdings Ltd (HKSE:01023) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

164 Wai Yip Street, 9th Floor, Sitoy Tower, Kowloon, Kwun Tong, Hong Kong, HKG

Website

https://www.sitoy.com

Sitoy Group Holdings Ltd predominantly serves as a contract manufacturer of handbags, small leather goods, footwear products, and travel goods for high-end and luxury brand customers. The company has three self-owned brands, namely Tuscan's, Fashion & Joy, and Duffy, and acts as a distributor in Mainland China, Hong Kong, and Macau for the Cole Haan brand. Its reportable operating segments are; Retail, Manufacturing, and Property investment. Maximum revenue is generated from its Manufacturing segment which produces handbags, small leather goods, and travel goods for branding and resale by others. Geographically, it derives key revenue from the Chinese Mainland, Hong Kong, Macau and Taiwan, and the rest from North America, Europe, other Asian countries, and other regions.

Executives

Samarang Ucits	2101 Beneficial owner
Yeung Michael Wah Keung	2101 Beneficial owner
Yeung Wo Fai	2101 Beneficial owner
Bellatrix S.p.a.	2201 Interest of corporation controlled by you
Bertelli Patrizio	2201 Interest of corporation controlled by you
Ludo S.p.a.	2201 Interest of corporation controlled by you
Pa Be 1 S.p.a.	2201 Interest of corporation controlled by you
Prada Bianchi Miuccia	2201 Interest of corporation controlled by you
Prada Holding S.p.a.	2201 Interest of corporation controlled by you
Prada S.p.a.	2101 Beneficial owner

Sitoy Group Holdings Headlines

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