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Lianlian DigiTech Co (HKSE:02598) Cash-to-Debt : 26.47 (As of Dec. 2024)


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What is Lianlian DigiTech Co 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. Lianlian DigiTech Co's cash to debt ratio for the quarter that ended in Dec. 2024 was 26.47.

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, Lianlian DigiTech Co 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 Lianlian DigiTech Co's Cash-to-Debt or its related term are showing as below:

HKSE:02598' s Cash-to-Debt Range Over the Past 10 Years
Min: 21.02   Med: 32.68   Max: 106.1
Current: 26.47

During the past 5 years, Lianlian DigiTech Co's highest Cash to Debt Ratio was 106.10. The lowest was 21.02. And the median was 32.68.

HKSE:02598's Cash-to-Debt is ranked better than
76.25% of 2800 companies
in the Software industry
Industry Median: 2.67 vs HKSE:02598: 26.47

Lianlian DigiTech Co Cash-to-Debt Historical Data

The historical data trend for Lianlian DigiTech Co'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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Lianlian DigiTech Co Cash-to-Debt Chart

Lianlian DigiTech Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Cash-to-Debt
106.10 48.27 32.68 21.02 26.47

Lianlian DigiTech Co Quarterly Data
Dec20 Dec21 Dec22 Sep23 Dec23 Jun24 Dec24
Cash-to-Debt Get a 7-Day Free Trial 32.68 0.92 21.02 21.83 26.47

Competitive Comparison of Lianlian DigiTech Co's Cash-to-Debt

For the Software - Infrastructure subindustry, Lianlian DigiTech Co'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.

Lianlian DigiTech Co's Cash-to-Debt Distribution in the Software Industry

For the Software industry and Technology sector, Lianlian DigiTech Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Lianlian DigiTech Co's Cash-to-Debt falls into.


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Lianlian DigiTech Co 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.

Lianlian DigiTech Co'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)
=14320.463 / (379.404 + 161.658)
=26.47

Lianlian DigiTech Co'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)
=14320.463 / (379.404 + 161.658)
=26.47

* 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.

Lianlian DigiTech Co  (HKSE:02598) 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.

Lianlian DigiTech Co Cash-to-Debt Related Terms

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Lianlian DigiTech Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Lianlian DigiTech Co Ltd (HKSE:02598) » Definitions » Cash-to-Debt
Comparable Companies
HKSE:02562 HKSE:02495 HKSE:00856 HKSE:06676 HKSE:06608 HKSE:02479 HKSE:09923 HKSE:09959 HKSE:02586 HKSE:02121 MSFT ORCL PLTR PANW CRWD FTNT SNPS XAMS:ADYEN NET XYZ
Traded in Other Exchanges
N/A
Address
79 Yueda Lane, B3, 12/F, Building 1, Binjiang District, Zhejiang Province, Hangzhou, CHN
Website
https://en.lianlian.com
Lianlian DigiTech Co Ltd provides digital payment services and value-added services. Its business clients consist of small and midsized merchants and enterprises. Its reportable segments include (i) Global payment, (ii) domestic payment, (iii) value-added services, and (iv) others, which represent a small amount of revenue from other sources including rental income, interest income, and factoring income. Key revenue is generated from the Global payment segment.
Executives
China International Capital Corporation Limited 2201 Interest of corporation controlled by you
Trident Trust Company (hk) Limited 2301 Trustee
Nexacorp Limited 2101 Beneficial owner
Hang Zhou Sai Zhi Tou Zi You Xian Gong Si 2201 Interest of corporation controlled by you
Hang Zhou Sai Sheng Gu Gu Quan Tou Zi Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Chen Bin 2201 Interest of corporation controlled by you
Huang Xin 2201 Interest of corporation controlled by you
Zhe Jiang Sai Zhi Bo Le Gu Quan Tou Zi Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Boyu Jingtai (shanghai) Enterprise Management Co., Ltd.
Jin Hua Shi Pu Hua Ji Shi Gu Quan Tou Zi He Huo Qi Ye You Xian He Huo
Boyu Jingtai (shanghai) Equity Investment L.p.
Huang Ailian
Tao Rong
Jiaxing Hongshan Kunsheng Investment Management Partnership (limited Partnership)
Ningbo Hongshan Peisheng Equity Investment Partnership (limited Partnership)

Lianlian DigiTech Co Headlines

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