Zacd Group (HKSE:08313) Cash-to-Debt : 8.16 (As of Dec. 2023)

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What is Zacd 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. Zacd Group's cash to debt ratio for the quarter that ended in Dec. 2023 was 8.16.

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, Zacd 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 Zacd Group's Cash-to-Debt or its related term are showing as below:

HKSE:08313' s Cash-to-Debt Range Over the Past 10 Years
Min: 2.08 Med: 32.94 Max: No Debt
Current: 8.16

During the past 9 years, Zacd Group's highest Cash to Debt Ratio was No Debt. The lowest was 2.08. And the median was 32.94.

HKSE:08313's Cash-to-Debt is ranked better than
52.15% of 1467 companies
in the Asset Management industry
Industry Median: 5.56 vs HKSE:08313: 8.16

Zacd Group Cash-to-Debt Historical Data

The historical data trend for Zacd 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.

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Zacd Group Cash-to-Debt Chart

Zacd Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

32.94

4.05

2.08

2.75

8.16

Zacd 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															2.75	N/A	4.12	N/A	8.16

Competitive Comparison of Zacd Group's Cash-to-Debt

For the Asset Management subindustry, Zacd 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.

Zacd Group's Cash-to-Debt Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Zacd Group's Cash-to-Debt distribution charts can be found below:

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

Zacd 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.

Zacd 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)
	=	85.626	/	(5.968	+	4.532)
	=	8.15

Zacd 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)
	=	85.626	/	(5.968	+	4.532)
	=	8.15

Zacd Group (HKSE:08313) 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.

Zacd Group Cash-to-Debt Related Terms

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

Zacd Group (HKSE:08313) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Zacd Group Ltd (HKSE:08313) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

300 Beach Road, No. 34-05 The Concourse, Singapore, SGP, 199555

Website

https://www.zacdgroup.com

Zacd Group Ltd is an integrated asset manager in Singapore offering integrated solutions across the real estate value chain in Singapore and the Asia-Pacific region. The company operates in various segments which are SPV investment, Fund management, Acquisitions & project management, Project Management & Tenancy Management, and Financial Advisory. The company operates in Singapore, Australia, Malaysia, the British Virgin Islands, Indonesia, and other countries, out of which Singapore accounts for the majority of the revenue.

Executives

Sim Kain Kain	2201 Interest of corporation controlled by you
Yeo (yao) Choon Guan (junyuan)	2201 Interest of corporation controlled by you
Zacd Investments Pte. Ltd.	2101 Beneficial owner
Sastra Rachman	2101 Beneficial owner
Harmonious Tidings Limited	2101 Beneficial owner

Zacd Group (HKSE:08313) Headlines

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