New Media Lab (HKSE:01284) Cash-to-Debt : 3.16 (As of Jun. 2024)

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What is New Media Lab 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. New Media Lab's cash to debt ratio for the quarter that ended in Jun. 2024 was 3.16.

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, New Media Lab 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 New Media Lab's Cash-to-Debt or its related term are showing as below:

HKSE:01284' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.22 Med: 0.61 Max: 3.16
Current: 3.16

During the past 4 years, New Media Lab's highest Cash to Debt Ratio was 3.16. The lowest was 0.22. And the median was 0.61.

HKSE:01284's Cash-to-Debt is ranked better than
62.56% of 1031 companies
in the Media - Diversified industry
Industry Median: 1.23 vs HKSE:01284: 3.16

New Media Lab Cash-to-Debt Historical Data

The historical data trend for New Media Lab'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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New Media Lab Cash-to-Debt Chart

New Media Lab Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

0.95

0.22

0.24

2.62

New Media Lab Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Cash-to-Debt	Get a 7-Day Free Trial			N/A	0.24	0.27	2.62	3.16

Competitive Comparison of New Media Lab's Cash-to-Debt

For the Advertising Agencies subindustry, New Media Lab'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.

New Media Lab's Cash-to-Debt Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, New Media Lab's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where New Media Lab's Cash-to-Debt falls into.

New Media Lab 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.

New Media Lab'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)
	=	142.738	/	(9.412	+	45.074)
	=	2.62

New Media Lab'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)
	=	156.81	/	(9.26	+	40.429)
	=	3.16

New Media Lab (HKSE:01284) 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.

New Media Lab Cash-to-Debt Related Terms

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

New Media Lab Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » New Media Lab Ltd (HKSE:01284) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

77 Hoi Bun Road, 8 Floor, Tower 1, The Quayside, Kwun Tong, Kowloon, Hong Kong, HKG

Website

https://www.newmedialab.com.hk

New Media Lab Ltd is a digital media company, providing integrated advertising solutions to advertisers ranging from multi-national brand owners, and advertising agencies to SMEs through its Digital Media Platforms. The company produces and distributes content on diverse areas of interest under its different and popular media brands.

Executives

Albert Yeung Holdings Limited	2201 Interest of corporation controlled by you
First Trust Services Ag	2301 Trustee
New Media Lab Group Holdings Limited	2101 Beneficial owner
Double Blossoms Limited	2101 Beneficial owner
Double Fantastic Group Limited	2101 Beneficial owner
Luk Siu Man, Semon	2202 Interest of your spouse
Yeung Sau Shing, Albert	2307 Founder of a discretionary trust who can infl
Lee Yat Pui, Royce	2201 Interest of corporation controlled by you
Lee Lan Kiu	2201 Interest of corporation controlled by you
Yau Yi Ping	2202 Interest of your spouse

New Media Lab Headlines

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