Digital Hollywood Interactive (HKSE:02022) Cash-to-Debt : 21.78 (As of Dec. 2023)

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What is Digital Hollywood Interactive 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. Digital Hollywood Interactive's cash to debt ratio for the quarter that ended in Dec. 2023 was 21.78.

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, Digital Hollywood Interactive 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 Digital Hollywood Interactive's Cash-to-Debt or its related term are showing as below:

HKSE:02022' s Cash-to-Debt Range Over the Past 10 Years
Min: 12.23 Med: 5010.89 Max: No Debt
Current: 21.78

During the past 10 years, Digital Hollywood Interactive's highest Cash to Debt Ratio was No Debt. The lowest was 12.23. And the median was 5010.89.

HKSE:02022's Cash-to-Debt is ranked better than
67.63% of 587 companies
in the Interactive Media industry
Industry Median: 4.57 vs HKSE:02022: 21.78

Digital Hollywood Interactive Cash-to-Debt Historical Data

The historical data trend for Digital Hollywood Interactive'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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Digital Hollywood Interactive Cash-to-Debt Chart

Digital Hollywood Interactive Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

12.23

16.63

19.00

19.71

21.78

Digital Hollywood Interactive Semi-Annual Data
	Dec14	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													19.00	17.95	19.71	20.64	21.78

Competitive Comparison of Digital Hollywood Interactive's Cash-to-Debt

For the Electronic Gaming & Multimedia subindustry, Digital Hollywood Interactive'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.

Digital Hollywood Interactive's Cash-to-Debt Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Digital Hollywood Interactive's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Digital Hollywood Interactive's Cash-to-Debt falls into.

Digital Hollywood Interactive 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.

Digital Hollywood Interactive'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)
	=	173.838	/	(2.843	+	5.139)
	=	21.78

Digital Hollywood Interactive'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)
	=	173.838	/	(2.843	+	5.139)
	=	21.78

Digital Hollywood Interactive (HKSE:02022) 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.

Digital Hollywood Interactive Cash-to-Debt Related Terms

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

Digital Hollywood Interactive (HKSE:02022) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Digital Hollywood Interactive Ltd (HKSE:02022) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 368 Jiang Nan Da Dao (South), 2nd Floor, Haizhu District, Guangzhou, CHN

Website

https://www.gamehollywood.com/company

Digital Hollywood Interactive Ltd is a publisher of online games developed by third party game developers or its own. The Group licenses online games from game developers and earns game publishing service revenue by making a localised version of the licensed games and publishing them to the game players through distribution platforms, including social networking websites, online application stores, webbased and mobile game portals in certain countries and regions, including the Group's websites. The games licensed to the Group are operated under a free-to-play model whereby game players can play the games free of charge and are charged for the purchase of Game Tokens or other virtual items via payment channels, such as the various mobile carriers and third-party internet payment systems.

Executives

Luo Simin
Di Qi Da Dao Kong Gu You Xian Gong Si	2101 Beneficial owner
Angel Age Limited
Hdq Digital Holdings Limited
Huang Deqiang
Huang Guozhan
Lu Yuanfeng
Luo Simin
Lxt Digital Holdings Limited
Lyf Digital Holdings Limited
7road Holdings Limited	2201 Interest of corporation controlled by you
7 Road International Group Limited
Epic City Limited
The Core Trust Company Limited

Digital Hollywood Interactive (HKSE:02022) Headlines

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