Sing Lee Software (Group) (HKSE:08076) Cash-to-Debt : 1.31 (As of Dec. 2023)

View and export this data going back to 2001. Start your Free Trial

What is Sing Lee Software (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. Sing Lee Software (Group)'s cash to debt ratio for the quarter that ended in Dec. 2023 was 1.31.

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, Sing Lee Software (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 Sing Lee Software (Group)'s Cash-to-Debt or its related term are showing as below:

HKSE:08076' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.32 Med: 0.75 Max: 1.48
Current: 1.31

During the past 13 years, Sing Lee Software (Group)'s highest Cash to Debt Ratio was 1.48. The lowest was 0.32. And the median was 0.75.

HKSE:08076's Cash-to-Debt is ranked worse than
61.29% of 2798 companies
in the Software industry
Industry Median: 2.55 vs HKSE:08076: 1.31

Sing Lee Software (Group) Cash-to-Debt Historical Data

The historical data trend for Sing Lee Software (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.

* Premium members only.

Sing Lee Software (Group) Cash-to-Debt Chart

Sing Lee Software (Group) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

1.11

0.91

1.48

1.29

1.31

Sing Lee Software (Group) Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															1.29	N/A	0.82	N/A	1.31

Competitive Comparison of Sing Lee Software (Group)'s Cash-to-Debt

For the Information Technology Services subindustry, Sing Lee Software (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.

Sing Lee Software (Group)'s Cash-to-Debt Distribution in the Software Industry

For the Software industry and Technology sector, Sing Lee Software (Group)'s Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Sing Lee Software (Group)'s Cash-to-Debt falls into.

Sing Lee Software (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.

Sing Lee Software (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)
	=	38.599	/	(0.66	+	28.897)
	=	1.31

Sing Lee Software (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)
	=	38.599	/	(0.66	+	28.897)
	=	1.31

Sing Lee Software (Group) (HKSE:08076) 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.

Sing Lee Software (Group) Cash-to-Debt Related Terms

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

Sing Lee Software (Group) (HKSE:08076) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Sing Lee Software (Group) Ltd (HKSE:08076) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 158, Zixuan Road, 16th Floor, Building 9, West City Best Space, Sandun, Xihu District, Hangzhou, CHN, 310030

Website

http://www.singlee.com.cn

Sing Lee Software (Group) Ltd is an investment holding company, which engages in the development and sale of software products. The firm develops and sells information and network technologies and services to the financial and educational industries. It also provides technical support services. It operates its business through the following segments: Sales of Software Products; Sales of Related Hardware Products; and Provision of Technical Support Services. The entity generates most of its revenue from the Provision of Technical Support Services segment. Geographically, it derives the majority of revenue from China.

Executives

Zang Jingjing	2101 Beneficial owner
Li Dong	2101 Beneficial owner
Hung Yung Lai
Goldcorp Industrial Limited
Great Song Enterprises Limited
Li Kei Ling
Iu Pun
Lin Xue Xin	2101 Beneficial owner
Zhou Cuilian	2202 Interest of your spouse
Lei Ying	2202 Interest of your spouse

Sing Lee Software (Group) (HKSE:08076) Headlines

No Headlines