Hung Fook Tong Group Holdings (HKSE:01446) Cash-to-Debt : 0.46 (As of Dec. 2023)

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What is Hung Fook Tong 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. Hung Fook Tong Group Holdings's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.46.

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, Hung Fook Tong Group Holdings couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

HKSE:01446' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.39 Med: 0.99 Max: 2.17
Current: 0.46

During the past 11 years, Hung Fook Tong Group Holdings's highest Cash to Debt Ratio was 2.17. The lowest was 0.39. And the median was 0.99.

HKSE:01446's Cash-to-Debt is ranked worse than
60.19% of 108 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 0.695 vs HKSE:01446: 0.46

Hung Fook Tong Group Holdings Cash-to-Debt Historical Data

The historical data trend for Hung Fook Tong 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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Hung Fook Tong Group Holdings Cash-to-Debt Chart

Hung Fook Tong Group Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.39

0.62

0.61

0.46

Hung Fook Tong Group Holdings Semi-Annual Data
	Jun14	Dec14	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															0.62	0.60	0.61	0.47	0.46

Competitive Comparison of Hung Fook Tong Group Holdings's Cash-to-Debt

For the Beverages - Non-Alcoholic subindustry, Hung Fook Tong 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.

Hung Fook Tong Group Holdings's Cash-to-Debt Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Hung Fook Tong Group Holdings's Cash-to-Debt distribution charts can be found below:

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

Hung Fook Tong 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.

Hung Fook Tong Group Holdings'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)
	=	88.53	/	(119.012	+	72.934)
	=	0.46

Hung Fook Tong Group Holdings'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)
	=	88.53	/	(119.012	+	72.934)
	=	0.46

Hung Fook Tong Group Holdings (HKSE:01446) 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.

Hung Fook Tong Group Holdings Cash-to-Debt Related Terms

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Hung Fook Tong Group Holdings (HKSE:01446) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Hung Fook Tong Group Holdings Ltd (HKSE:01446) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

11 Dai King Street, Tai Po Industrial Estate, New Territories, Tai Po, Hong Kong, HKG

Website

https://www.hungfooktong.com

Hung Fook Tong Group Holdings Ltd is engaged in the production and sales of Chinese herbal drinks and other drink products, Chinese-style soups, herbal tortoise plastron jelly, and other food products under the Hung Fook Tong brand. Its segments include Hong Kong Retail and Wholesale. It derives the majority of its revenue from Hong Kong Retail segment with a presence in PRC, Hong Kong, and Overseas Countries.

Executives

Tse Po Tat	2201 Interest of corporation controlled by you
Wong Pui Chu	2201 Interest of corporation controlled by you
Prestigious Time Limited	2103 Interests held jointly with another person
Think Expert Investments Limited	2103 Interests held jointly with another person
Yitao Investments Limited	2103 Interests held jointly with another person
Chan Suk Hing Comita	2202 Interest of your spouse
Kwan Chan Lai Lai	2202 Interest of your spouse
Kwan Wang Yung

Hung Fook Tong Group Holdings (HKSE:01446) Headlines

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