Yield Go Holdings (HKSE:01796) Cash-to-Debt : 0.76 (As of Sep. 2023)

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What is Yield Go 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. Yield Go Holdings's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.76.

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, Yield Go Holdings couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

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

HKSE:01796' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.29 Med: 0.58 Max: 2.01
Current: 0.76

During the past 8 years, Yield Go Holdings's highest Cash to Debt Ratio was 2.01. The lowest was 0.29. And the median was 0.58.

HKSE:01796's Cash-to-Debt is ranked better than
53.39% of 1680 companies
in the Construction industry
Industry Median: 0.63 vs HKSE:01796: 0.76

Yield Go Holdings Cash-to-Debt Historical Data

The historical data trend for Yield Go 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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Yield Go Holdings Cash-to-Debt Chart

Yield Go Holdings Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

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2.01

0.57

0.52

0.40

0.34

Yield Go Holdings Semi-Annual Data
	Mar16	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial									0.29	0.40	0.41	0.34	0.76

Competitive Comparison of Yield Go Holdings's Cash-to-Debt

For the Building Products & Equipment subindustry, Yield Go 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.

Yield Go Holdings's Cash-to-Debt Distribution in the Construction Industry

For the Construction industry and Industrials sector, Yield Go Holdings's Cash-to-Debt distribution charts can be found below:

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

Yield Go 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.

Yield Go 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)
	=	17.087	/	(0.927	+	48.85)
	=	0.34

Yield Go 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)
	=	37.247	/	(48.922	+	0.392)
	=	0.76

Yield Go Holdings (HKSE:01796) 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.

Yield Go Holdings Cash-to-Debt Related Terms

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

Yield Go Holdings (HKSE:01796) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Yield Go Holdings Ltd (HKSE:01796) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 9 Hoi Shing Road, Unit 3, 32/F, Cable TV Tower, Tsuen Wan, New Territoties, Hong Kong, HKG

Website

http://www.yield-go.com

Yield Go Holdings Ltd is an investment holding company. The company through its subsidiaries is engaged in fitting out services and supply of fitting out materials. The fitting-out works of the company are conducted on new buildings and interior renovation works on existing buildings that involve upgrades, makeovers, and demolition of existing works for residential and commercial properties in Hong Kong.

Executives

Tse Shiu Hoi	2201 Interest of corporation controlled by you
Tse's Finance Limited	2106 Person having a security interest in shares
Huang Hou	2201 Interest of corporation controlled by you
Ultra Accord Limited	2106 Person having a security interest in shares
Chu Chui Ling	2106 Person having a security interest in shares
Yuan Feng Ventures Limited	2101 Beneficial owner
Chen Yidong	2201 Interest of corporation controlled by you
Hoi Lang Holdings Ltd.	2106 Person having a security interest in shares
Master Success International Investment Limited	2101 Beneficial owner
Man Hoi Yuen	2201 Interest of corporation controlled by you
Ng Yuen Chun	2202 Interest of your spouse

Yield Go Holdings (HKSE:01796) Headlines

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