Million Stars Holdings (HKSE:08093) Cash-to-Debt : 0.19 (As of Dec. 2023)

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What is Million Stars 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. Million Stars Holdings's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.19.

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, Million Stars 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 Million Stars Holdings's Cash-to-Debt or its related term are showing as below:

HKSE:08093' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.08 Med: 2.05 Max: No Debt
Current: 0.19

During the past 10 years, Million Stars Holdings's highest Cash to Debt Ratio was No Debt. The lowest was 0.08. And the median was 2.05.

HKSE:08093's Cash-to-Debt is ranked worse than
79.22% of 1030 companies
in the Media - Diversified industry
Industry Median: 1.255 vs HKSE:08093: 0.19

Million Stars Holdings Cash-to-Debt Historical Data

The historical data trend for Million Stars 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.

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Million Stars Holdings Cash-to-Debt Chart

Million Stars Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

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1.33

1.27

0.14

0.82

0.13

Million Stars Holdings 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															0.18	N/A	0.13	N/A	0.19

Competitive Comparison of Million Stars Holdings's Cash-to-Debt

For the Advertising Agencies subindustry, Million Stars 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.

Million Stars Holdings's Cash-to-Debt Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Million Stars Holdings's Cash-to-Debt distribution charts can be found below:

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

Million Stars 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.

Million Stars Holdings's Cash to Debt Ratio for the fiscal year that ended in Jun. 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)
	=	4.708	/	(35.347	+	0.042)
	=	0.13

Million Stars 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)
	=	7.091	/	(36.497	+	0.042)
	=	0.19

Million Stars Holdings (HKSE:08093) 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.

Million Stars Holdings Cash-to-Debt Related Terms

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

Million Stars Holdings (HKSE:08093) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Million Stars Holdings Ltd (HKSE:08093) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

100 Granville Road, Room 702 A&B, 7th Floor, Harbour Crystal Centre, Tsim Sha Tsui, Kowloon, Hong Kong, HKG

Website

http://www.millionstars.hk

Million Stars Holdings Ltd is an investment holding company. The company's operating segment includes Internet advertising agency services, Digitalization empowerment platform business. It generates maximum revenue from the Internet advertising agency services segment.

Executives

Wu Zhongyi	2201 Interest of corporation controlled by you
Jia Heng Tai Feng You Xian Gong Si	2101 Beneficial owner
Zhou Ming	2201 Interest of corporation controlled by you
Wang Fei	2101 Beneficial owner
Zhu Yongjun	2101 Beneficial owner
Web3 Group Limited	2101 Beneficial owner
Shen Guotao	2201 Interest of corporation controlled by you
Ji Lin Sheng Tou Zi Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Shang Hai Hu Tong Tou Zi Zhong Xin You Xian He Huo	2201 Interest of corporation controlled by you
Xie Ming	2101 Beneficial owner
Yao Ligang	2201 Interest of corporation controlled by you
Shang Hai Ang Ju Zi Chan Guan Li You Xian Gong Si	2201 Interest of corporation controlled by you
Zhu Yongjun	2101 Beneficial owner
Jiang Peijie	2101 Beneficial owner
Lyu Xinyuan	2101 Beneficial owner

Million Stars Holdings (HKSE:08093) Headlines

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