Affluent Partners Holdings (HKSE:01466) Cash-to-Debt : 12.18 (As of Sep. 2023)

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What is Affluent Partners 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. Affluent Partners Holdings's cash to debt ratio for the quarter that ended in Sep. 2023 was 12.18.

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, Affluent Partners Holdings could pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

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

HKSE:01466' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.47 Med: 3.42 Max: No Debt
Current: 12.18

During the past 10 years, Affluent Partners Holdings's highest Cash to Debt Ratio was No Debt. The lowest was 0.47. And the median was 3.42.

HKSE:01466's Cash-to-Debt is ranked better than
89.93% of 1102 companies
in the Retail - Cyclical industry
Industry Median: 0.47 vs HKSE:01466: 12.18

Affluent Partners Holdings Cash-to-Debt Historical Data

The historical data trend for Affluent Partners 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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Affluent Partners Holdings Cash-to-Debt Chart

Affluent Partners Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

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0.54

0.87

0.77

0.74

14.96

Affluent Partners Holdings Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial															0.83	0.74	3.31	14.96	12.18

Competitive Comparison of Affluent Partners Holdings's Cash-to-Debt

For the Luxury Goods subindustry, Affluent Partners 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.

Affluent Partners Holdings's Cash-to-Debt Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Affluent Partners Holdings's Cash-to-Debt distribution charts can be found below:

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

Affluent Partners 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.

Affluent Partners Holdings's Cash to Debt Ratio for the fiscal year that ended in Mar. 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)
	=	41.261	/	(2.758	+	0)
	=	14.96

Affluent Partners Holdings's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	41.231	/	(3.302	+	0.084)
	=	12.18

Affluent Partners Holdings (HKSE:01466) 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.

Affluent Partners Holdings Cash-to-Debt Related Terms

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Affluent Partners Holdings (HKSE:01466) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Affluent Partners Holdings Ltd (HKSE:01466) » Definitions » Cash-to-Debt

Traded in Other Exchanges

MNNGF:USA

Address

110-116 Queen’s Road Central, Room 906, 9th Floor, Wings Building, Central, Hong Kong, HKG

Website

http://www.affluent-partners.com

Affluent Partners Holdings Ltd is an investment holding company with subsidiaries engaged in purchasing, processing, designing, production, and wholesale distribution of pearls and jewelry products and operation of strategic investment and financial services. Its operating segment includes the Sale of pearls and jewelry products and Strategic investment and financial services. It generates maximum revenue from the Sale of pearls and jewelry products segment. It operates geographically in Hong Kong, the PRC, the USA, the UK, and Europe. It generates the majority of its revenue from the USA.

Affluent Partners Holdings (HKSE:01466) Headlines

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