Loco Hong Kong Holdings (HKSE:08162) Cash-to-Debt : 0.69 (As of Dec. 2024)

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What is Loco Hong Kong 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. Loco Hong Kong Holdings's cash to debt ratio for the quarter that ended in Dec. 2024 was 0.69.

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, Loco Hong Kong Holdings couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2024.

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

HKSE:08162' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.22 Med: 2.38 Max: No Debt
Current: 0.69

During the past 12 years, Loco Hong Kong Holdings's highest Cash to Debt Ratio was No Debt. The lowest was 0.22. And the median was 2.38.

HKSE:08162's Cash-to-Debt is ranked better than
58.95% of 570 companies
in the Conglomerates industry
Industry Median: 0.485 vs HKSE:08162: 0.69

Loco Hong Kong Holdings Cash-to-Debt Historical Data

The historical data trend for Loco Hong Kong 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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Loco Hong Kong Holdings Cash-to-Debt Chart

Loco Hong Kong Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash-to-Debt

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12.20

3.97

0.22

0.57

0.69

Loco Hong Kong Holdings Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Jun24	Dec24
Cash-to-Debt	Get a 7-Day Free Trial															0.27	N/A	0.57	0.80	0.69

Competitive Comparison of Loco Hong Kong Holdings's Cash-to-Debt

For the Conglomerates subindustry, Loco Hong Kong 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.

Loco Hong Kong Holdings's Cash-to-Debt Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Loco Hong Kong Holdings's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Loco Hong Kong Holdings's Cash-to-Debt falls into.

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Loco Hong Kong 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.

Loco Hong Kong Holdings's Cash to Debt Ratio for the fiscal year that ended in Dec. 2024 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)
	=	21.263	/	(28.358	+	2.574)
	=	0.69

Loco Hong Kong Holdings's Cash to Debt Ratio for the quarter that ended in Dec. 2024 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)
	=	21.263	/	(28.358	+	2.574)
	=	0.69

Loco Hong Kong Holdings (HKSE:08162) 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.

Loco Hong Kong Holdings Cash-to-Debt Related Terms

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

Loco Hong Kong Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Loco Hong Kong Holdings Ltd (HKSE:08162) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Fairmont House, 8 Cotton Tree Drive, Unit 401, 4th floor, Admiralty, Hong Kong, HKG

Website

http://www.locohkholdings.com

Loco Hong Kong Holdings Ltd is an investment holding company. It is engaged in the provision of education management services in the mainland of the People's Republic of China, trading of precious metal and commodity forward contracts, and provision of money lending services in Hong Kong. It has a business presence in Hong Kong, PRC Mainland, and other regions.

Executives

Zhang Siyuan	2201 Interest of corporation controlled by you
Fias(hong Kong)co.,limited	2101 Beneficial owner
Fortune Way Corporation Limited	2101 Beneficial owner
Hon Pok	2101 Beneficial owner
Fias (hong Kong) Co., Limited	2101 Beneficial owner
Fung Ping Tak	2101 Beneficial owner
Poon Lai	2101 Beneficial owner
Liu Chengnan	2101 Beneficial owner
Zhang Bo	2101 Beneficial owner
Poon Kwan Ho	2101 Beneficial owner
So Hing Sang	2101 Beneficial owner
Wong Man Na	2101 Beneficial owner

Loco Hong Kong Holdings Headlines

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