Wine's Link International Holdings (HKSE:08509) Cash-to-Debt : 0.01 (As of Sep. 2024)

View and export this data going back to 2018. Start your Free Trial

What is Wine's Link International 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. Wine's Link International Holdings's cash to debt ratio for the quarter that ended in Sep. 2024 was 0.01.

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, Wine's Link International Holdings couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

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

HKSE:08509' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.04 Max: 0.51
Current: 0.01

During the past 9 years, Wine's Link International Holdings's highest Cash to Debt Ratio was 0.51. The lowest was 0.00. And the median was 0.04.

HKSE:08509's Cash-to-Debt is ranked worse than
94.09% of 203 companies
in the Beverages - Alcoholic industry
Industry Median: 0.65 vs HKSE:08509: 0.01

Wine's Link International Holdings Cash-to-Debt Historical Data

The historical data trend for Wine's Link International 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.

Wine's Link International Holdings Cash-to-Debt Chart

Wine's Link International Holdings Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

Get a 7-Day Free Trial

0.01

0.50

0.04

0.02

Wine's Link International Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial															0.04	N/A	-	0.02	0.01

Competitive Comparison of Wine's Link International Holdings's Cash-to-Debt

For the Beverages - Wineries & Distilleries subindustry, Wine's Link International 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.

Wine's Link International Holdings's Cash-to-Debt Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Wine's Link International Holdings's Cash-to-Debt distribution charts can be found below:

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

Save Embed

;

Save Embed

;

Wine's Link International 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.

Wine's Link International Holdings's Cash to Debt Ratio for the fiscal year 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)
	=	2.889	/	(134.284	+	0.008)
	=	0.02

Wine's Link International Holdings's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	1.016	/	(134.885	+	0.143)
	=	0.01

Wine's Link International Holdings (HKSE:08509) 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.

Wine's Link International Holdings Cash-to-Debt Related Terms

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

Wine's Link International Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Wine's Link International Holdings Ltd (HKSE:08509) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

712 Prince Edward Road East, 26th Floor, AIA Financial Centre, San Po Kong, Kowloon, Hong Kong, HKG

Website

http://www.wines-link.com

Wine's Link International Holdings Ltd is an investment holding company. The company is engaged in the wholesale and retail of a spectrum of wine products and other alcoholic beverages in Hong Kong. It derives maximum revenue from sale of Wine products.

Executives

Shirz Limited	2101 Beneficial owner
Ting Chi Wai Roy	2202 Interest of your spouse
Wong Chi Lou Shirley	2201 Interest of corporation controlled by you
Sunshine Consultancy Company Limited	2101 Beneficial owner

Wine's Link International Holdings Headlines

No Headlines