Huge Group (JSE:HUG) Cash-to-Debt : 0.08 (As of Feb. 2024)

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What is Huge 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. Huge Group's cash to debt ratio for the quarter that ended in Feb. 2024 was 0.08.

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, Huge Group couldn't pay off its debt using the cash in hand for the quarter that ended in Feb. 2024.

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

JSE:HUG' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.16 Max: 7.38
Current: 0.08

During the past 13 years, Huge Group's highest Cash to Debt Ratio was 7.38. The lowest was 0.01. And the median was 0.16.

JSE:HUG's Cash-to-Debt is ranked worse than
79.68% of 379 companies
in the Telecommunication Services industry
Industry Median: 0.35 vs JSE:HUG: 0.08

Huge Group Cash-to-Debt Historical Data

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

Huge Group Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Cash-to-Debt

Get a 7-Day Free Trial

0.19

0.16

0.01

0.08

Huge Group Semi-Annual Data
	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Cash-to-Debt	Get a 7-Day Free Trial															0.01	0.16	0.01	0.01	0.08

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

For the Telecom Services subindustry, Huge 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.

Huge Group's Cash-to-Debt Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Huge Group's Cash-to-Debt distribution charts can be found below:

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

Huge 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.

Huge Group's Cash to Debt Ratio for the fiscal year that ended in Feb. 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)
	=	23.406	/	(5.337	+	300)
	=	0.08

Huge Group's Cash to Debt Ratio for the quarter that ended in Feb. 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)
	=	23.406	/	(5.337	+	300)
	=	0.08

Huge Group (JSE:HUG) 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.

Huge Group Cash-to-Debt Related Terms

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Huge Group (JSE:HUG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Huge Group Ltd (JSE:HUG) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Melrose Boulevard, Unit 23, Melrose Arch, PO Box 262, Johannesburg, GT, ZAF, 2076

Website

https://www.hugegroup.com

Huge Group Ltd is an investment holding company. Along with its subsidiaries, it is engaged in providing voice, messaging and data connectivity services using the wireless, global system for mobile-based, fixed cellular last-mile solutions to residential customers and a range of corporate clients, from large corporations to small and medium enterprises. Its divisions are Telecom Grouping, which generates the majority of its revenue; Fintech Grouping; and Corporate Office Grouping. It generates all of its revenue from South Africa.

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