Tongdao Liepin Group (HKSE:06100) Cash-to-Debt : 17.03 (As of Dec. 2023)

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What is Tongdao Liepin Group 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. Tongdao Liepin Group's cash to debt ratio for the quarter that ended in Dec. 2023 was 17.03.

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, Tongdao Liepin Group 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 Tongdao Liepin Group's Cash-to-Debt or its related term are showing as below:

HKSE:06100' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.29 Med: 16.54 Max: No Debt
Current: 17.03

During the past 9 years, Tongdao Liepin Group's highest Cash to Debt Ratio was No Debt. The lowest was 1.29. And the median was 16.54.

HKSE:06100's Cash-to-Debt is ranked better than
82.46% of 1066 companies
in the Business Services industry
Industry Median: 1 vs HKSE:06100: 17.03

Tongdao Liepin Group Cash-to-Debt Historical Data

The historical data trend for Tongdao Liepin Group'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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Tongdao Liepin Group Cash-to-Debt Chart

Tongdao Liepin Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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16.54

23.93

9.76

16.28

17.03

Tongdao Liepin Group Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Cash-to-Debt	Get a 7-Day Free Trial												3.32	16.28	8.96	17.03	N/A

Competitive Comparison of Tongdao Liepin Group's Cash-to-Debt

For the Staffing & Employment Services subindustry, Tongdao Liepin Group'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.

Tongdao Liepin Group's Cash-to-Debt Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Tongdao Liepin Group's Cash-to-Debt distribution charts can be found below:

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

Tongdao Liepin Group 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.

Tongdao Liepin Group'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)
	=	2495.807	/	(87.615	+	58.933)
	=	17.03

Tongdao Liepin Group'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)
	=	2495.807	/	(87.615	+	58.933)
	=	17.03

Tongdao Liepin Group (HKSE:06100) 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.

Tongdao Liepin Group Cash-to-Debt Related Terms

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

Tongdao Liepin Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Tongdao Liepin Group (HKSE:06100) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

TGDLF:USA

Address

Gaoliangqiaoxie Road, Room 415–3, Building No. 5, Courtyard No. 59, Haidian District, Beijing, CHN

Website

https://www.liepin.com

Tongdao Liepin Group is a China-based company engaged in the provision of talent acquisition services to individuals, businesses, and headhunters. The company provides a platform for job seekers to seek career opportunities by connecting them to companies hiring. The firm delivers talent services to individual users mainly through its website, mobile application, and WeChat official account.

Executives

Fmr Llc	2201 Interest of corporation controlled by you
Pandanus Partners L.p.	2201 Interest of corporation controlled by you
Pandanus Associates Inc.	2201 Interest of corporation controlled by you
Fil Limited	2201 Interest of corporation controlled by you
Brown Brothers Harriman & Co.	2502 Approved lending agent
Fidelity Funds	2101 Beneficial owner
Yiheng Capital, Llc
Dai Kebin	2307 Founder of a discretionary trust who can infl
Song Yueting	2202 Interest of your spouse
May Flower Information Technology Co., Limited	2501 Other
Morgan Stanley	2201 Interest of corporation controlled by you
Warburg Pincus Partners Ii, L.p.	2201 Interest of corporation controlled by you
Giant Lilly Investment Ltd	2101 Beneficial owner
Warburg Pincus & Co.	2201 Interest of corporation controlled by you
Wp Global Llc	2201 Interest of corporation controlled by you

Tongdao Liepin Group Headlines

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