Hatcher Group (HKSE:08365) Cash-to-Debt : 1.30 (As of Mar. 2024)

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What is Hatcher 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. Hatcher Group's cash to debt ratio for the quarter that ended in Mar. 2024 was 1.30.

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, Hatcher Group could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

HKSE:08365' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.32 Med: 4.23 Max: No Debt
Current: 1.3

During the past 10 years, Hatcher Group's highest Cash to Debt Ratio was No Debt. The lowest was 0.32. And the median was 4.23.

HKSE:08365's Cash-to-Debt is ranked worse than
60.61% of 792 companies
in the Capital Markets industry
Industry Median: 2.165 vs HKSE:08365: 1.30

Hatcher Group Cash-to-Debt Historical Data

The historical data trend for Hatcher 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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Hatcher Group Cash-to-Debt Chart

Hatcher Group Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Cash-to-Debt

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No Debt

2.45

2.14

0.48

1.63

Hatcher Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															N/A	0.68	N/A	1.63	1.30

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

For the Capital Markets subindustry, Hatcher 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.

Hatcher Group's Cash-to-Debt Distribution in the Capital Markets Industry

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

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

Hatcher 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.

Hatcher Group'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)
	=	55.769	/	(28.488	+	5.817)
	=	1.63

Hatcher Group's Cash to Debt Ratio for the quarter that ended in Mar. 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)
	=	43.119	/	(26.666	+	6.426)
	=	1.30

Hatcher Group (HKSE:08365) 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.

Hatcher Group Cash-to-Debt Related Terms

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Hatcher Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Hatcher Group Ltd (HKSE:08365) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

181 Queen’s Road Central, 21/F, Low Block, Grand Millennium Plaza, Hong Kong, HKG

Website

https://hatcher-group.com

Hatcher Group Ltd is a financial services provider. It has two operating segments; Licensed business; Provision of asset management services, corporate finance, advisory services, placing and, underwriting services, securities brokerage and margin financing, and Non-licensed business; Provision of accounting and taxation services, business consulting services, corporate secretarial services, ESG advisory services, human resources services, and risk management and internal control advisory services. majority of its revenue comes from non-licensed businesses.

Executives

Tanner Enterprises Group Limited
Li Man Keung Edwin
Gan Fanglun	2101 Beneficial owner
Jayden Wealth Limited	2101 Beneficial owner
Wan Ho Yan Letty	2201 Interest of corporation controlled by you
Li Chun Fung

Hatcher Group Headlines

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