Huabang Technology Holdings (HKSE:03638) Cash-to-Debt : 0.21 (As of Sep. 2023)

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

What is Huabang Technology 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. Huabang Technology Holdings's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.21.

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

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

HKSE:03638' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.17 Med: 0.67 Max: No Debt
Current: 0.21

During the past 11 years, Huabang Technology Holdings's highest Cash to Debt Ratio was No Debt. The lowest was 0.17. And the median was 0.67.

HKSE:03638's Cash-to-Debt is ranked worse than
88.5% of 2374 companies
in the Hardware industry
Industry Median: 1.34 vs HKSE:03638: 0.21

Huabang Technology Holdings Cash-to-Debt Historical Data

The historical data trend for Huabang Technology 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.

Huabang Technology Holdings Cash-to-Debt Chart

Huabang Technology Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

Get a 7-Day Free Trial

1.29

0.34

0.23

0.27

0.17

Huabang Technology Holdings Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial															0.26	0.27	0.38	0.17	0.21

Competitive Comparison of Huabang Technology Holdings's Cash-to-Debt

For the Computer Hardware subindustry, Huabang Technology 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.

Huabang Technology Holdings's Cash-to-Debt Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Huabang Technology Holdings's Cash-to-Debt distribution charts can be found below:

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

Huabang Technology 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.

Huabang Technology Holdings's Cash to Debt Ratio for the fiscal year that ended in Mar. 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)
	=	31.331	/	(176.629	+	7.943)
	=	0.17

Huabang Technology Holdings's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	36.118	/	(165.073	+	6.277)
	=	0.21

Huabang Technology Holdings (HKSE:03638) 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.

Huabang Technology Holdings Cash-to-Debt Related Terms

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

Huabang Technology Holdings (HKSE:03638) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Huabang Technology Holdings Ltd (HKSE:03638) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

39 Wang Chiu Road, 33rd Floor, Enterprise Square Three, Kowloon Bay, Kowloon, Hong Kong, HKG

Website

http://www.huabangfinancial.com

Huabang Technology Holdings Ltd is an investment holding company. The operating segments of the company include the Trading segment (Computer and peripheral products business and electronics products), the Food trading business, and the Financial Services business (including securities brokerage business, advisory services business, and money lending business). The company generates maximum revenue from the Computer and peripheral products business segment.

Executives

Cheung Lit Wan Kenneth	2201 Interest of corporation controlled by you
Talent Virtue International Limited	2101 Beneficial owner
Forever Star Capital Limited	2101 Beneficial owner
Shen Wei	2201 Interest of corporation controlled by you
Luo Jian	2101 Beneficial owner
Lin Rui Ping	2101 Beneficial owner
Lu George	2202 Interest of your spouse
Xin Bang Jin Rong Ji Tuan You Xian Gong Si	2101 Beneficial owner
China Goldjoy Securities Limited

Huabang Technology Holdings (HKSE:03638) Headlines

No Headlines