Kingston Financial Group (HKSE:01031) Cash-to-Debt : 0.10 (As of Sep. 2022)

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What is Kingston Financial Group 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. Kingston Financial Group's cash to debt ratio for the quarter that ended in Sep. 2022 was 0.10.

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, Kingston Financial Group couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2022.

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

HKSE:01031's Cash-to-Debt is not ranked ^*
in the Capital Markets industry.
Industry Median: 2.22
* Ranked among companies with meaningful Cash-to-Debt only.

Kingston Financial Group Cash-to-Debt Historical Data

The historical data trend for Kingston Financial Group'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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Kingston Financial Group Cash-to-Debt Chart

Kingston Financial Group Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Cash-to-Debt

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0.05

0.18

0.04

0.17

0.07

Kingston Financial Group Semi-Annual Data
	Mar13	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22
Cash-to-Debt	Get a 7-Day Free Trial															0.08	0.17	0.39	0.07	0.10

Competitive Comparison of Kingston Financial Group's Cash-to-Debt

For the Capital Markets subindustry, Kingston Financial Group'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.

Kingston Financial Group's Cash-to-Debt Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Kingston Financial Group's Cash-to-Debt distribution charts can be found below:

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

Kingston Financial Group 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.

Kingston Financial Group's Cash to Debt Ratio for the fiscal year that ended in Mar. 2022 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)
	=	337.105	/	(4739.222	+	52.12)
	=	0.07

Kingston Financial Group's Cash to Debt Ratio for the quarter that ended in Sep. 2022 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)
	=	450.528	/	(4622.769	+	38.301)
	=	0.10

Kingston Financial Group (HKSE:01031) 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.

Kingston Financial Group Cash-to-Debt Related Terms

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Kingston Financial Group (HKSE:01031) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Kingston Financial Group Ltd (HKSE:01031) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

99 Queen’s Road Central, 72th Floor, Central, Hong Kong, HKG

Website

https://www.kingston.com.hk

Kingston Financial Group Ltd is a financial services company operating primarily in Hong Kong and Macau. It provides a wide range of solutions, including securities brokerages, underwriting, and placements, margin and initial public offering financing, corporate finance advisory services, futures brokerages, and asset management services. The Group also provides gaming and hospitality services in Macau. Business activities for the group include undertaking the origination, structuring, and marketing of placements of equity and debt securities. Most of the company's diverse revenue mix comes increasingly from margin and IPO financing and secondarily from its security brokerage, underwriting, and placements segment.

Executives

Active Dynamic Limited	2101 Beneficial owner
Chu Yuet Wah

Kingston Financial Group (HKSE:01031) Headlines

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