Zengame Technology Holding (HKSE:02660) Cash-to-Debt : 377.17 (As of Dec. 2023)

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What is Zengame Technology Holding 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. Zengame Technology Holding's cash to debt ratio for the quarter that ended in Dec. 2023 was 377.17.

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, Zengame Technology Holding could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

The historical rank and industry rank for Zengame Technology Holding's Cash-to-Debt or its related term are showing as below:

HKSE:02660' s Cash-to-Debt Range Over the Past 10 Years
Min: 3.74 Med: 66.35 Max: No Debt
Current: 377.17

During the past 8 years, Zengame Technology Holding's highest Cash to Debt Ratio was No Debt. The lowest was 3.74. And the median was 66.35.

HKSE:02660's Cash-to-Debt is ranked better than
81.4% of 586 companies
in the Interactive Media industry
Industry Median: 4.635 vs HKSE:02660: 377.17

Zengame Technology Holding Cash-to-Debt Historical Data

The historical data trend for Zengame Technology Holding'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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Zengame Technology Holding Cash-to-Debt Chart

Zengame Technology Holding Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

70.41

152.23

62.30

60.10

377.17

Zengame Technology Holding Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial									62.30	158.69	60.10	98.98	377.17

Competitive Comparison of Zengame Technology Holding's Cash-to-Debt

For the Electronic Gaming & Multimedia subindustry, Zengame Technology Holding'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.

Zengame Technology Holding's Cash-to-Debt Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Zengame Technology Holding's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Zengame Technology Holding's Cash-to-Debt falls into.

Zengame Technology Holding 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.

Zengame Technology Holding's Cash to Debt Ratio for the fiscal year 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)
	=	2102.736	/	(3.79	+	1.785)
	=	377.17

Zengame Technology Holding'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)
	=	2102.736	/	(3.79	+	1.785)
	=	377.17

Zengame Technology Holding (HKSE:02660) 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.

Zengame Technology Holding Cash-to-Debt Related Terms

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

Zengame Technology Holding (HKSE:02660) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Zengame Technology Holding Ltd (HKSE:02660) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Keji South 12 Road, Rooms 1304-06, Changhong Science and Technology Mansion, Science and Technology Park, Nanshan District, Shenzhen, CHN, 518057

Website

https://www.zen-game.com

Zengame Technology Holding Ltd is a mobile game developer. The company operates self-developed and third-party-developed games. The company's games include card games, board games, other casual games, and hardcore games, including Fight the Landlord, Sichuan Mahjong, Hunan Run Fast, Tiantian Love Chinese Chess, Happy Mengmengxiao and Kuaishou Fishing. It is also engaged in the investment business.

Executives

Yang Min	2501 Other
Ye Sheng	2501 Other
Zeng Liqing	2202 Interest of your spouse
Zhang Wei	2307 Founder of a discretionary trust who can infl
Infiniti Trust (hong Kong) Limited	2301 Trustee
Bonaza Limited	2201 Interest of corporation controlled by you
D Fun Limited	2101 Beneficial owner
The Core Trust Company Limited	2301 Trustee
Tct (bvi) Limited	2501 Other
Xie Yingying	2202 Interest of your spouse
Bao Trust	2301 Trustee
Bao Zhoujia	2307 Founder of a discretionary trust who can infl
Y&j Family Limited	2306 Nominee for another person
J&l Y Limited	2101 Beneficial owner
Ys Limited	2306 Nominee for another person

Zengame Technology Holding (HKSE:02660) Headlines

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