Hong Kong Technology Venture Co (HKSE:01137) Cash-to-Debt : 1.55 (As of Dec. 2023)

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What is Hong Kong Technology Venture 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. Hong Kong Technology Venture Co's cash to debt ratio for the quarter that ended in Dec. 2023 was 1.55.

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, Hong Kong Technology Venture Co could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

The historical rank and industry rank for Hong Kong Technology Venture Co's Cash-to-Debt or its related term are showing as below:

HKSE:01137' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.39 Med: 1.54 Max: 5.59
Current: 1.55

During the past 13 years, Hong Kong Technology Venture Co's highest Cash to Debt Ratio was 5.59. The lowest was 0.39. And the median was 1.54.

HKSE:01137's Cash-to-Debt is ranked better than
72.49% of 1105 companies
in the Retail - Cyclical industry
Industry Median: 0.47 vs HKSE:01137: 1.55

Hong Kong Technology Venture Co Cash-to-Debt Historical Data

The historical data trend for Hong Kong Technology Venture 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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Hong Kong Technology Venture Co Cash-to-Debt Chart

Hong Kong Technology Venture Co Annual Data

Trend

Aug14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.39

3.22

1.53

1.25

1.55

Hong Kong Technology Venture Co Semi-Annual Data
	Feb14	Aug14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															1.53	1.28	1.25	1.43	1.55

Competitive Comparison of Hong Kong Technology Venture Co's Cash-to-Debt

For the Internet Retail subindustry, Hong Kong Technology Venture 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.

Hong Kong Technology Venture Co's Cash-to-Debt Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Hong Kong Technology Venture Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Hong Kong Technology Venture Co's Cash-to-Debt falls into.

Hong Kong Technology Venture 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.

Hong Kong Technology Venture 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)
	=	734.305	/	(151.351	+	321.448)
	=	1.55

Hong Kong Technology Venture Co's Cash to Debt Ratio for the quarter 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)
	=	734.305	/	(151.351	+	321.448)
	=	1.55

Hong Kong Technology Venture Co (HKSE:01137) 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.

Hong Kong Technology Venture Co Cash-to-Debt Related Terms

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

Hong Kong Technology Venture Co (HKSE:01137) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Hong Kong Technology Venture Co Ltd (HKSE:01137) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

HKTVY:USA XHN1:Germany

Address

No. 1 Chun Cheong Street, HKTV Multimedia and Ecommerce Centre, Tseung Kwan O Industrial Estate, New Territories, Hong Kong, HKG

Website

https://www.hktvmall.com

Hong Kong Technology Venture Co Ltd, formerly Hong Kong Television Network Ltd, is an investment holding company principally engaged in the provision of multimedia business. The Company engages in the provision of multimedia production and contents distribution as well as operating a 24-hour e-Shopping Mall, providing a one-stop shop platform including online shopping, delivery service and customer experience. The Company also involves in the provision of technology on an integrated end-to-end eCommerce solution including hardware and software systems as a service aiming to enable traditional supermarkets or retailers locally and globally to enter into digital retailing.

Executives

Wong Wai Kay	2201 Interest of corporation controlled by you
Top Group International Ltd.	2101 Beneficial owner
Schroders Plc	2102 Investment manager
Top Group International Ltd.	2101 Beneficial owner
Cheung Chi Kin, Paul	2101 Beneficial owner

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