ZO Future Group (HKSE:02309) Cash-to-Debt : 0.20 (As of Dec. 2023)

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What is ZO Future Group 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. ZO Future Group's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.20.

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, ZO Future Group 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 ZO Future Group's Cash-to-Debt or its related term are showing as below:

HKSE:02309' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.04 Med: 0.19 Max: 6.87
Current: 0.2

During the past 13 years, ZO Future Group's highest Cash to Debt Ratio was 6.87. The lowest was 0.04. And the median was 0.19.

HKSE:02309's Cash-to-Debt is ranked worse than
77.4% of 1000 companies
in the Media - Diversified industry
Industry Median: 1.235 vs HKSE:02309: 0.20

ZO Future Group Cash-to-Debt Historical Data

The historical data trend for ZO Future Group'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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ZO Future Group Cash-to-Debt Chart

ZO Future Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

Get a 7-Day Free Trial

0.35

0.06

0.09

0.07

0.04

ZO Future Group 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															0.06	0.07	0.12	0.04	0.20

Competitive Comparison of ZO Future Group's Cash-to-Debt

For the Entertainment subindustry, ZO Future Group'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.

ZO Future Group's Cash-to-Debt Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, ZO Future Group's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where ZO Future Group's Cash-to-Debt falls into.

ZO Future Group 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.

ZO Future Group's Cash to Debt Ratio for the fiscal year that ended in Jun. 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)
	=	14.749	/	(242.208	+	98.573)
	=	0.04

ZO Future Group'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)
	=	79.95	/	(57.061	+	352.347)
	=	0.20

ZO Future Group (HKSE:02309) 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.

ZO Future Group Cash-to-Debt Related Terms

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

ZO Future Group (HKSE:02309) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » ZO Future Group (HKSE:02309) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 28 Heung Yip Road, 31st Floor, Vertical Square, Wong Chuk Hang, Hong Kong, HKG

Website

https://www.bshl.com.hk

ZO Future Group is an investment holding company principally engaged in the operation of the football club in the United Kingdom. The activity of the company includes offering season and match day tickets, television broadcasting, and local media businesses. Its segments are the operation of a professional football club; Investment in properties; and healthcare business. The company's activity primarily functions in the United Kingdom and it generates revenue through corporate hospitality income, merchandising income, sponsorship income, and conference income. The company generates the majority of its revenue from the operation of a professional football club in the UK.

Executives

Trillion Trophy Asia Limited	2101 Beneficial owner
Wealthy Associates International Limited	2201 Interest of corporation controlled by you
Graticity Real Estate Development Co., Ltd	2201 Interest of corporation controlled by you
Vong Pech	2201 Interest of corporation controlled by you
Lei Sutong	2201 Interest of corporation controlled by you
Suen Cho Hung, Paul	2201 Interest of corporation controlled by you
Yong Ju You Xian Gong Si	2101 Beneficial owner
Hong Long You Xian Gong Si	2101 Beneficial owner

ZO Future Group (HKSE:02309) Headlines

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