Medicskin Holdings (HKSE:08307) Cash-to-Debt : 0.46 (As of Sep. 2023)

View and export this data going back to 2014. Start your Free Trial

What is Medicskin 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. Medicskin Holdings's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.46.

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, Medicskin Holdings couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

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

HKSE:08307' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.46 Med: 4.72 Max: No Debt
Current: 0.46

During the past 10 years, Medicskin Holdings's highest Cash to Debt Ratio was No Debt. The lowest was 0.46. And the median was 4.72.

HKSE:08307's Cash-to-Debt is ranked worse than
56.42% of 670 companies
in the Healthcare Providers & Services industry
Industry Median: 0.69 vs HKSE:08307: 0.46

Medicskin Holdings Cash-to-Debt Historical Data

The historical data trend for Medicskin 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.

Medicskin Holdings Cash-to-Debt Chart

Medicskin Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

3.33

4.72

0.83

0.53

Medicskin 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															0.72	N/A	0.53	N/A	0.46

Competitive Comparison of Medicskin Holdings's Cash-to-Debt

For the Medical Care Facilities subindustry, Medicskin 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.

Medicskin Holdings's Cash-to-Debt Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Medicskin Holdings's Cash-to-Debt distribution charts can be found below:

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

Medicskin 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.

Medicskin 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)
	=	6.373	/	(6.705	+	5.222)
	=	0.53

Medicskin 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)
	=	4.352	/	(7.193	+	2.215)
	=	0.46

Medicskin Holdings (HKSE:08307) 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.

Medicskin Holdings Cash-to-Debt Related Terms

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

Medicskin Holdings (HKSE:08307) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Medicskin Holdings Ltd (HKSE:08307) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

287-291 Des Voeux Road, Flat A-C, 16th Floor, Champion Building, Central, Hong Kong, HKG

Website

https://www.medicskinholdings.com

Medicskin Holdings Ltd is a medical skin care service provider. It is engaged in providing services for inter alia, acne, pigmentation, rosacea, dermatitis, eczema and warts, skin rejuvenation, facial sculpturing and body contouring, treatment for acne scars and enlarged pores, removal of undesirable naevi, and hair removal. The company operates through a single segment namely Consultation Service, Prescription and Dispensing Service, and Treatment Services. It offers services throughout Hong Kong.

Executives

Topline Worldwide Limited	2101 Beneficial owner
Kong Kwok Leung	2201 Interest of corporation controlled by you

Medicskin Holdings (HKSE:08307) Headlines

No Headlines