EFT Solutions Holdings (HKSE:08062) Cash-to-Debt : 704.39 (As of Sep. 2023)

View and export this data going back to 2016. Start your Free Trial

What is EFT Solutions 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. EFT Solutions Holdings's cash to debt ratio for the quarter that ended in Sep. 2023 was 704.39.

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, EFT Solutions Holdings could pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

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

HKSE:08062' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.15 Med: 99.85 Max: No Debt
Current: 704.39

During the past 9 years, EFT Solutions Holdings's highest Cash to Debt Ratio was No Debt. The lowest was 0.15. And the median was 99.85.

HKSE:08062's Cash-to-Debt is ranked better than
89.43% of 2725 companies
in the Software industry
Industry Median: 2.49 vs HKSE:08062: 704.39

EFT Solutions Holdings Cash-to-Debt Historical Data

The historical data trend for EFT Solutions 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.

EFT Solutions Holdings Cash-to-Debt Chart

EFT Solutions Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

Get a 7-Day Free Trial

0.18

21.54

No Debt

410.79

EFT Solutions Holdings Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	N/A	410.79	N/A	704.39

Competitive Comparison of EFT Solutions Holdings's Cash-to-Debt

For the Software - Infrastructure subindustry, EFT Solutions 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.

EFT Solutions Holdings's Cash-to-Debt Distribution in the Software Industry

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

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

EFT Solutions 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.

EFT Solutions 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)
	=	73.12	/	(0.151	+	0.027)
	=	410.79

EFT Solutions 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)
	=	72.552	/	(0.103	+	0)
	=	704.39

EFT Solutions Holdings (HKSE:08062) 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.

EFT Solutions Holdings Cash-to-Debt Related Terms

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

EFT Solutions Holdings (HKSE:08062) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » EFT Solutions Holdings Ltd (HKSE:08062) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

28-36 Kwai Fung Crescent, Workshops B1 & B3, 11th Floor, Yip Fung Industrial Building, Kwai Chung, New Territories, Hong Kong, HKG

Website

https://www.eftsolutions.com

EFT Solutions Holdings Ltd is engaged in the sourcing of electronic fund transfer point-of-sale (EFT-POS) solution providers focusing on the sourcing of EFT-POS terminals and peripheral devices and the provision of EFT-POS system support services in Hong Kong. Its segments consist of Sales of hardware devices, System support and software solution services. The majority of the revenue is derived from the provision of system support, software solution services, POS software solutions services and embedded system solution services.

Executives

Lam Ching Man	2202 Interest of your spouse
Lo Chun Kit Andrew	2101 Beneficial owner
Lck Group Limited	2101 Beneficial owner

EFT Solutions Holdings (HKSE:08062) Headlines

No Headlines