Asia Pioneer Entertainment Holdings (HKSE:08400) Cash-to-Debt : 3.84 (As of Dec. 2024)

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What is Asia Pioneer Entertainment 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. Asia Pioneer Entertainment Holdings's cash to debt ratio for the quarter that ended in Dec. 2024 was 3.84.

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, Asia Pioneer Entertainment Holdings could pay off its debt using the cash in hand for the quarter that ended in Dec. 2024.

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

HKSE:08400' s Cash-to-Debt Range Over the Past 10 Years
Min: 2.57 Med: 18.07 Max: No Debt
Current: 3.84

During the past 10 years, Asia Pioneer Entertainment Holdings's highest Cash to Debt Ratio was No Debt. The lowest was 2.57. And the median was 18.07.

HKSE:08400's Cash-to-Debt is ranked better than
74.69% of 810 companies
in the Travel & Leisure industry
Industry Median: 0.56 vs HKSE:08400: 3.84

Asia Pioneer Entertainment Holdings Cash-to-Debt Historical Data

The historical data trend for Asia Pioneer Entertainment 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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Asia Pioneer Entertainment Holdings Cash-to-Debt Chart

Asia Pioneer Entertainment Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash-to-Debt

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23.05

12.53

12.18

2.57

3.84

Asia Pioneer Entertainment 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															9.33	N/A	2.57	3.40	3.84

Competitive Comparison of Asia Pioneer Entertainment Holdings's Cash-to-Debt

For the Gambling subindustry, Asia Pioneer Entertainment 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.

Asia Pioneer Entertainment Holdings's Cash-to-Debt Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Asia Pioneer Entertainment Holdings's Cash-to-Debt distribution charts can be found below:

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

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Asia Pioneer Entertainment 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.

Asia Pioneer Entertainment 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)
	=	12.46	/	(1.84	+	1.402)
	=	3.84

Asia Pioneer Entertainment 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)
	=	12.46	/	(1.84	+	1.402)
	=	3.84

Asia Pioneer Entertainment Holdings (HKSE:08400) 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.

Asia Pioneer Entertainment Holdings Cash-to-Debt Related Terms

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

Asia Pioneer Entertainment Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Asia Pioneer Entertainment Holdings Ltd (HKSE:08400) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Em Macau, Estrada Marginal, Do Hipodromo NoS 56-66, Industrial Lee Cheung F10, Macau, MAC

Website

https://www.apemacau.com

Asia Pioneer Entertainment Holdings Ltd is an investment holding company. Its segments include EGE Business and Smart VM Business. EGE business engaged in three divisions Technical Sales and Distribution of Electronic Gaming Equipment, Consultancy and Technical Services, and Repair Services. Smart VM Business engaged in sales of various Macau-sourced products to consumers and travelers through Smart VM in the Macau SAR and the People's Republic of China. Its generate the majority of its revenue from the EGE business.

Executives

Huie Allen Tat Yan	2101 Beneficial owner
Ng Man Ho Herman	2101 Beneficial owner
Chan Chi Lun	2101 Beneficial owner

Asia Pioneer Entertainment Holdings Headlines

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