Easy Smart Group Holdings (HKSE:02442) Cash-to-Debt : 10.50 (As of Dec. 2024)

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What is Easy Smart 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. Easy Smart Group Holdings's cash to debt ratio for the quarter that ended in Dec. 2024 was 10.50.

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, Easy Smart Group Holdings could pay off its debt using the cash in hand for the quarter that ended in Dec. 2024.

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

HKSE:02442' s Cash-to-Debt Range Over the Past 10 Years
Min: 3.91 Med: 20.37 Max: 125.16
Current: 10.5

During the past 5 years, Easy Smart Group Holdings's highest Cash to Debt Ratio was 125.16. The lowest was 3.91. And the median was 20.37.

HKSE:02442's Cash-to-Debt is ranked better than
77.32% of 1054 companies
in the Business Services industry
Industry Median: 1.065 vs HKSE:02442: 10.50

Easy Smart Group Holdings Cash-to-Debt Historical Data

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

Easy Smart Group Holdings Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Jun24

Cash-to-Debt

20.37

3.91

14.52

112.47

55.00

Easy Smart Group Holdings Semi-Annual Data
	Jun20	Jun21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Cash-to-Debt	Get a 7-Day Free Trial			N/A	112.47	125.16	55.00	10.50

Competitive Comparison of Easy Smart Group Holdings's Cash-to-Debt

For the Security & Protection Services subindustry, Easy Smart 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.

Easy Smart Group Holdings's Cash-to-Debt Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Easy Smart Group Holdings's Cash-to-Debt distribution charts can be found below:

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

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Easy Smart 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.

Easy Smart Group Holdings's Cash to Debt Ratio for the fiscal year that ended in Jun. 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)
	=	158.011	/	(1.475	+	1.398)
	=	55.00

Easy Smart Group Holdings's Cash to Debt Ratio for the quarter that ended in Dec. 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)
	=	22.523	/	(1.453	+	0.692)
	=	10.50

Easy Smart Group Holdings (HKSE:02442) 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.

Easy Smart Group Holdings Cash-to-Debt Related Terms

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Easy Smart Group Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Easy Smart Group Holdings Ltd (HKSE:02442) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

135-137 Tung Chau Street, Unit A, 10th Floor, Ming Tak Centre, Kowloon, Hong Kong, HKG

Website

https://www.easysmart.com.hk

Easy Smart Group Holdings Ltd operates as a subcontractor specializing in passive fire protection works in Hong Kong. Its passive fire protection works generally involve the design, selection, procurement, and installation of appropriate materials and components in a building to reduce or prevent the spread and effects of fire, heat, or smoke without requiring detection or activation upon detection. The Group has two principal activities: the provision of passive fire protection works and the provision of passive fire protection information services.

Executives

Lofty Profit Investments Limited	2101 Beneficial owner
Ng Wing Woon Dave	2201 Interest of corporation controlled by you
Wong Kwai Ying	2202 Interest of your spouse

Easy Smart Group Holdings Headlines

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