MTT Group Holdings (HKSE:02350) Cash-to-Debt : 0.15 (As of Sep. 2024)

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What is MTT Group 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. MTT Group Holdings's cash to debt ratio for the quarter that ended in Sep. 2024 was 0.15.

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, MTT Group Holdings couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

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

HKSE:02350' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.1 Med: 0.17 Max: 1.06
Current: 0.15

During the past 5 years, MTT Group Holdings's highest Cash to Debt Ratio was 1.06. The lowest was 0.10. And the median was 0.17.

HKSE:02350's Cash-to-Debt is ranked worse than
89.46% of 2800 companies
in the Software industry
Industry Median: 2.63 vs HKSE:02350: 0.15

MTT Group Holdings Cash-to-Debt Historical Data

The historical data trend for MTT Group 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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MTT Group Holdings Cash-to-Debt Chart

MTT Group Holdings Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

0.15

0.10

0.21

0.40

0.16

MTT Group Holdings Semi-Annual Data
	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial				1.06	0.40	0.18	0.16	0.15

Competitive Comparison of MTT Group Holdings's Cash-to-Debt

For the Information Technology Services subindustry, MTT Group 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.

MTT Group Holdings's Cash-to-Debt Distribution in the Software Industry

For the Software industry and Technology sector, MTT Group Holdings's Cash-to-Debt distribution charts can be found below:

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

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MTT Group 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.

MTT Group Holdings's Cash to Debt Ratio for the fiscal year that ended in Mar. 2024 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)
	=	10.685	/	(62.453	+	5.579)
	=	0.16

MTT Group Holdings's Cash to Debt Ratio for the quarter that ended in Sep. 2024 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)
	=	10.457	/	(63.701	+	4.354)
	=	0.15

MTT Group Holdings (HKSE:02350) 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.

MTT Group Holdings Cash-to-Debt Related Terms

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MTT Group Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » MTT Group Holdings Ltd (HKSE:02350) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

107 How Ming Street, 8th Floor, Kwok Kee Group Centre, Kwun Tong, Kowloon, Hong Kong, HKG

Website

https://www.mttgholdings.com

MTT Group Holdings Ltd is engaged in the provision of information technology (IT) solutions. The Company operates through two segments. The Distribution Business segment is principally engaged in the distribution of software and hardware for IT unified communications, network infrastructure, system integration, and data center as well as security solutions. The System Integration Solution Business segment is principally engaged in the provision of IT infrastructure solutions services such as evaluation, consulting and advice, IT product procurement, technology implementation and integration, performance testing, user acceptance testing, and system roll-out as well as others.

Executives

Ip Group Holdings Limited	2101 Beneficial owner
Ip Ka Wai Charlie	2201 Interest of corporation controlled by you
Wong Pui Man	2202 Interest of your spouse
Liu Ka Shing Clement	2101 Beneficial owner
Ipw Group Holdings Limited	2101 Beneficial owner

MTT Group Holdings Headlines

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