ArtGo Holdings (HKSE:03313) Cash-to-Debt : 0.30 (As of Dec. 2023)

View and export this data going back to 2013. Start your Free Trial

What is ArtGo 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. ArtGo Holdings's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.30.

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, ArtGo Holdings couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

HKSE:03313' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.05 Med: 0.21 Max: 7.68
Current: 0.3

During the past 12 years, ArtGo Holdings's highest Cash to Debt Ratio was 7.68. The lowest was 0.05. And the median was 0.21.

HKSE:03313's Cash-to-Debt is ranked worse than
67.76% of 1653 companies
in the Construction industry
Industry Median: 0.62 vs HKSE:03313: 0.30

ArtGo Holdings Cash-to-Debt Historical Data

The historical data trend for ArtGo 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.

ArtGo Holdings Cash-to-Debt Chart

ArtGo Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.18

0.05

0.08

0.05

0.30

ArtGo Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.08	0.08	0.05	0.02	0.30

Competitive Comparison of ArtGo Holdings's Cash-to-Debt

For the Building Products & Equipment subindustry, ArtGo 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.

ArtGo Holdings's Cash-to-Debt Distribution in the Construction Industry

For the Construction industry and Industrials sector, ArtGo Holdings's Cash-to-Debt distribution charts can be found below:

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

ArtGo 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.

ArtGo Holdings'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)
	=	110.424	/	(70.291	+	300.896)
	=	0.30

ArtGo Holdings'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)
	=	110.424	/	(70.291	+	300.896)
	=	0.30

ArtGo Holdings (HKSE:03313) 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.

ArtGo Holdings Cash-to-Debt Related Terms

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

ArtGo Holdings (HKSE:03313) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » ArtGo Holdings Ltd (HKSE:03313) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 728 Yan'an West Road, Room E, 6th Floor, Changning District, Shanghai, CHN

Website

http://www.artgo.cn

ArtGo Holdings Ltd is engaged n mining, processing, trading, and sales of marble stones and warehouse logistics business. The company operates in two business segments. The marble products segment produces marble stone products and calcium carbonate products mainly for further processing or trading, and the other segment includes the trading of commodities, and provision of warehousing and logistics services Geographically, the group derives revenue from the PRC.

Executives

Wu Hailong	2101 Beneficial owner
Casado Co., Limited	2101 Beneficial owner
Ma Boyun	2201 Interest of corporation controlled by you
Xu Xiaodong	2106 Person having a security interest in shares
Gu Weiwen
Zhang Jian
Tong Sui Lun Franco	2101 Beneficial owner

ArtGo Holdings (HKSE:03313) Headlines

No Headlines