Amasse Capital Holdings (HKSE:08168) Cash-to-Debt : 4.12 (As of Sep. 2023)

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What is Amasse Capital 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. Amasse Capital Holdings's cash to debt ratio for the quarter that ended in Sep. 2023 was 4.12.

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

HKSE:08168' s Cash-to-Debt Range Over the Past 10 Years
Min: 2.93 Med: No Debt Max: No Debt
Current: 4.12

During the past 9 years, Amasse Capital Holdings's highest Cash to Debt Ratio was No Debt. The lowest was 2.93. And the median was No Debt.

HKSE:08168's Cash-to-Debt is ranked better than
56.77% of 798 companies
in the Capital Markets industry
Industry Median: 2.22 vs HKSE:08168: 4.12

Amasse Capital Holdings Cash-to-Debt Historical Data

The historical data trend for Amasse Capital 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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Amasse Capital Holdings Cash-to-Debt Chart

Amasse Capital Holdings Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

18.38

3.95

2.93

4.12

Amasse Capital 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															2.93	N/A	4.69	N/A	4.12

Competitive Comparison of Amasse Capital Holdings's Cash-to-Debt

For the Capital Markets subindustry, Amasse Capital 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.

Amasse Capital Holdings's Cash-to-Debt Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Amasse Capital Holdings's Cash-to-Debt distribution charts can be found below:

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

Amasse Capital 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.

Amasse Capital Holdings's Cash to Debt Ratio for the fiscal year 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)
	=	34.393	/	(8.343	+	0)
	=	4.12

Amasse Capital 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)
	=	34.393	/	(8.343	+	0)
	=	4.12

Amasse Capital Holdings (HKSE:08168) 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.

Amasse Capital Holdings Cash-to-Debt Related Terms

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

Amasse Capital Holdings (HKSE:08168) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Amasse Capital Holdings Ltd (HKSE:08168) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

48-52 Des Voeux Road Central, Room 1201, 12th Floor, Prosperous Building, Hong Kong, HKG

Website

http://www.amasse.com.hk

Amasse Capital Holdings Ltd provides financial advisory and Investment advisory services related to acquisitions and disposals, takeovers, corporate exercises, equity and debt fund raisings, Transfers of Listing, and general corporate finance advisory. The firm derives revenue solely from Hong Kong.

Executives

Luo Lei	2101 Beneficial owner
Access Cheer Limited	2101 Beneficial owner
Lam Ting Lok	2202 Interest of your spouse
Tse Fung Sum Flora	2201 Interest of corporation controlled by you
Build Rise Capital Group Limited	2201 Interest of corporation controlled by you
China Special Economic Zone Development Limited	2101 Beneficial owner
Ma Fai	2201 Interest of corporation controlled by you
Jason Chan Wa Chiang	2101 Beneficial owner

Amasse Capital Holdings (HKSE:08168) Headlines

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