IPA Investment Group JSC (HSTC:IPA) Cash-to-Debt : 0.22 (As of Dec. 2024)

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What is IPA Investment Group JSC 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. IPA Investment Group JSC's cash to debt ratio for the quarter that ended in Dec. 2024 was 0.22.

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, IPA Investment Group JSC couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2024.

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

HSTC:IPA' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.05 Max: 0.22
Current: 0.22

During the past 7 years, IPA Investment Group JSC's highest Cash to Debt Ratio was 0.22. The lowest was 0.01. And the median was 0.05.

HSTC:IPA's Cash-to-Debt is ranked worse than
83.85% of 780 companies
in the Capital Markets industry
Industry Median: 2.5 vs HSTC:IPA: 0.22

IPA Investment Group JSC Cash-to-Debt Historical Data

The historical data trend for IPA Investment Group JSC'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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IPA Investment Group JSC Cash-to-Debt Chart

IPA Investment Group JSC Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash-to-Debt

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0.01

0.03

0.22

0.10

0.22

IPA Investment Group JSC Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Cash-to-Debt	Get a 7-Day Free Trial															0.10	0.16	0.15	0.08	0.22

Competitive Comparison of IPA Investment Group JSC's Cash-to-Debt

For the Capital Markets subindustry, IPA Investment Group JSC'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.

IPA Investment Group JSC's Cash-to-Debt Distribution in the Capital Markets Industry

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

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

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IPA Investment Group JSC 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.

IPA Investment Group JSC'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)
	=	813663.506	/	(112259.033	+	3661774.34)
	=	0.22

IPA Investment Group JSC'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)
	=	813663.506	/	(112259.033	+	3661774.34)
	=	0.22

IPA Investment Group JSC (HSTC:IPA) 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.

IPA Investment Group JSC Cash-to-Debt Related Terms

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IPA Investment Group JSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » IPA Investment Group JSC (HSTC:IPA) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.1, Nguyen Thuong Hien street, Nguyen Du ward, Hai Ba Trung district, Hanoi, VNM

Website

http://www.ipa.com.vn

IPA Investment Group JSC is a merchant banking firm with a focus on growing small and medium enterprises. Its operation in financial services is undertaken by two member companies: VNDirect, a securities company, and IPA Asset Management company. It provides brokerage services, corporate finance advisory, and other investment banking services for small and medium-sized companies, private companies, and Vietnamese investors.