Smart Globe Holdings (HKSE:01481) Cash-to-Debt : 9.95 (As of Dec. 2023)

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What is Smart Globe 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. Smart Globe Holdings's cash to debt ratio for the quarter that ended in Dec. 2023 was 9.95.

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, Smart Globe Holdings 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 Smart Globe Holdings's Cash-to-Debt or its related term are showing as below:

HKSE:01481' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.18 Med: 8.02 Max: 31.66
Current: 9.95

During the past 9 years, Smart Globe Holdings's highest Cash to Debt Ratio was 31.66. The lowest was 0.18. And the median was 8.02.

HKSE:01481's Cash-to-Debt is ranked better than
75.02% of 1037 companies
in the Media - Diversified industry
Industry Median: 1.25 vs HKSE:01481: 9.95

Smart Globe Holdings Cash-to-Debt Historical Data

The historical data trend for Smart Globe 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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Smart Globe Holdings Cash-to-Debt Chart

Smart Globe Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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18.07

8.02

8.03

31.66

9.95

Smart Globe Holdings Semi-Annual Data
	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												8.03	11.45	31.66	37.10	9.95

Competitive Comparison of Smart Globe Holdings's Cash-to-Debt

For the Publishing subindustry, Smart Globe 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.

Smart Globe Holdings's Cash-to-Debt Distribution in the Media - Diversified Industry

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

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

Smart Globe 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.

Smart Globe 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)
	=	65.647	/	(2.511	+	4.085)
	=	9.95

Smart Globe 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)
	=	65.647	/	(2.511	+	4.085)
	=	9.95

Smart Globe Holdings (HKSE:01481) 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.

Smart Globe Holdings Cash-to-Debt Related Terms

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Smart Globe Holdings (HKSE:01481) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Smart Globe Holdings Ltd (HKSE:01481) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

Heyuan Hi-Tech Development Zone, Guangdong Province, Heyuan, CHN

Website

http://www.smartglobehk.com

Smart Globe Holdings Ltd is engaged in the provision of printing services. Its operations comprise printing books products and novelty and packaging products. The company offers a full suite of services from pre-press to printing to finishing services, as well as producing custom-made and value-added printing products. It manufactures varieties of products such as Oversized books, Novelty and packaging products. The group's operations are located in Hong Kong and the PRC. It derives key revenue from Hong Kong.

Smart Globe Holdings (HKSE:01481) Headlines

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