GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » XXF Group Holdings Ltd (HKSE:02473) » Definitions » Cash-to-Debt

XXF Group Holdings (HKSE:02473) Cash-to-Debt : 0.15 (As of Dec. 2024)


View and export this data going back to 2023. Start your Free Trial

What is XXF 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. XXF Group Holdings's cash to debt ratio for the quarter that ended in Dec. 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, XXF Group Holdings couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2024.

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

HKSE:02473' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01   Med: 0.12   Max: 0.15
Current: 0.15

During the past 5 years, XXF Group Holdings's highest Cash to Debt Ratio was 0.15. The lowest was 0.01. And the median was 0.12.

HKSE:02473's Cash-to-Debt is ranked worse than
55.8% of 509 companies
in the Credit Services industry
Industry Median: 0.21 vs HKSE:02473: 0.15

XXF Group Holdings Cash-to-Debt Historical Data

The historical data trend for XXF 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.

* Premium members only.

XXF Group Holdings Cash-to-Debt Chart

XXF Group Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Cash-to-Debt
0.01 0.06 0.12 0.14 0.15

XXF Group Holdings Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Cash-to-Debt Get a 7-Day Free Trial 0.12 0.11 0.14 0.12 0.15

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

For the Credit Services subindustry, XXF 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.

XXF Group Holdings's Cash-to-Debt Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, XXF Group Holdings's Cash-to-Debt distribution charts can be found below:

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


;
;

XXF 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.

XXF Group Holdings's Cash to Debt Ratio for the fiscal year 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)
=363.647 / (1235.98 + 1211.928)
=0.15

XXF 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)
=363.647 / (1235.98 + 1211.928)
=0.15

* 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.

XXF Group Holdings  (HKSE:02473) 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.

XXF Group Holdings Cash-to-Debt Related Terms

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

XXF Group Holdings Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » XXF Group Holdings Ltd (HKSE:02473) » Definitions » Cash-to-Debt
Comparable Companies
HKSE:02666 HKSE:01905 HKSE:00086 HKSE:06069 HKSE:02858 HKSE:00373 HKSE:00900 HKSE:02003 HKSE:03848 HKSE:00093 V MA AXP COF BOM:500034 PYPL DFS BOM:543257 SYF BOM:532810
Traded in Other Exchanges
N/A
Address
No. 318 Fuguang Road, Building 3, Fuxing Economic Development Zone, Jin’an District, Fujian, Fuzhou, CHN
Website
https://www.xxfqc.com
XXF Group Holdings Ltd is an established automobile retailer providing automobile finance lease service through its self-operated sales outlets in the PRC. The Group's principal businesses comprise automobile retail and finance, where it sells non-luxury automobiles mostly on direct finance lease; and automobile-related businesses, where it principally offers automobile operating lease service and other automobile-related services.
Executives
Easycar Inc. 2201 Interest of corporation controlled by you
Hit Drive Limited 2101 Beneficial owner
Mandarin Link Inc. 2201 Interest of corporation controlled by you
Tomorrow Land Holdings Limited 2201 Interest of corporation controlled by you
Didi Global Inc. 2201 Interest of corporation controlled by you
Shang Hai Bo Li Qi Ye Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Fu Zhou Zhi Tong Tou Zi He Huo Qi Ye You Xian He Huo 2201 Interest of corporation controlled by you
Teng Xin Tou Zi You Xian Gong Si 2201 Interest of corporation controlled by you
Shang Hai Ji Li Qi Ye Guan Li He Huo Qi Ye You Xian He Huo 2201 Interest of corporation controlled by you
Fo Shan Shi Hui Shang Yin Tou Zi You Xian Gong Si 2201 Interest of corporation controlled by you
Bei Jing Dong An Wei Ye Tou Zi Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Bei Jing Dong Zhang An Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Guo Tou Zi Ben Kong Gu You Xian Gong Si 2201 Interest of corporation controlled by you
Zhu Hai Wan He Xing Sheng Tou Zi Guan Li Zhong Xin You Xian He Huo 2201 Interest of corporation controlled by you
Zhu Hai Wan He Jin Hua Zi Chan Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you

XXF Group Holdings Headlines

No Headlines