Brightstar Technology Group Co (HKSE:08446) Cash-to-Debt : 0.24 (As of Dec. 2023)

View and export this data going back to 2017. Start your Free Trial

What is Brightstar Technology Group Co 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. Brightstar Technology Group Co's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.24.

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, Brightstar Technology Group Co couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

HKSE:08446' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.05 Med: 0.24 Max: 4.25
Current: 0.24

During the past 9 years, Brightstar Technology Group Co's highest Cash to Debt Ratio was 4.25. The lowest was 0.05. And the median was 0.24.

HKSE:08446's Cash-to-Debt is ranked worse than
76.23% of 1035 companies
in the Media - Diversified industry
Industry Median: 1.28 vs HKSE:08446: 0.24

Brightstar Technology Group Co Cash-to-Debt Historical Data

The historical data trend for Brightstar Technology Group Co'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.

Brightstar Technology Group Co Cash-to-Debt Chart

Brightstar Technology Group Co Annual Data

Trend

May15

May16

May17

May18

May19

May20

May21

May22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

4.25

0.63

0.08

0.05

0.24

Brightstar Technology Group Co Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															1.11	N/A	1.71	N/A	0.24

Competitive Comparison of Brightstar Technology Group Co's Cash-to-Debt

For the Entertainment subindustry, Brightstar Technology Group Co'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.

Brightstar Technology Group Co's Cash-to-Debt Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Brightstar Technology Group Co's Cash-to-Debt distribution charts can be found below:

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

Brightstar Technology Group Co 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.

Brightstar Technology Group Co'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)
	=	12.028	/	(43.396	+	6.145)
	=	0.24

Brightstar Technology Group Co'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)
	=	12.028	/	(43.396	+	6.145)
	=	0.24

Brightstar Technology Group Co (HKSE:08446) 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.

Brightstar Technology Group Co Cash-to-Debt Related Terms

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

Brightstar Technology Group Co (HKSE:08446) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Brightstar Technology Group Co Ltd (HKSE:08446) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

6 Wing Yip Street, Hoi Bun Industrial Building, Unit D2, 5th Floor, Kwun Tong, Kowloon, Hong Kong, HKG

Website

https://www.intechproductions.com

Brightstar Technology Group Co Ltd Formerly In Technical Productions Holdings Ltd is a visual display solution services and information technology consulting services. The company produces image processors, LED, large screen projectors, and other products. It is principally engaged in the provision of visual display solution services for pop concerts, corporate events, and exhibitions in Hong Kong, Macau, and the Greater China region. Information technology consulting services segment is engaged in one-stop technical consulting services and solutions for e-commerce business platforms; and the metaverse technology business.

Executives

Ma Lie	2201 Interest of corporation controlled by you
St Ma Ltd	2101 Beneficial owner
Yuanyu Enterprise Management Co., Limited	2101 Beneficial owner
Zhou Hongyu	2201 Interest of corporation controlled by you
Next Vision Management Limited	2101 Beneficial owner
Yeung Ho Ting Dennis	2201 Interest of corporation controlled by you
Ma Lie	2201 Interest of corporation controlled by you
Mo Suyun	2201 Interest of corporation controlled by you
Zhongsheng Asset Management Co., Limited	2101 Beneficial owner

Brightstar Technology Group Co (HKSE:08446) Headlines

No Headlines