Luks Group (Vietnam Holdings) Co (Luks Group (Vietnam Holdings) Co) Cash-to-Debt : 27.44 (As of Dec. 2023)

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What is Luks Group (Vietnam Holdings) 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. Luks Group (Vietnam Holdings) Co's cash to debt ratio for the quarter that ended in Dec. 2023 was 27.44.

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, Luks Group (Vietnam Holdings) Co could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

The historical rank and industry rank for Luks Group (Vietnam Holdings) Co's Cash-to-Debt or its related term are showing as below:

LKSGY' s Cash-to-Debt Range Over the Past 10 Years
Min: 3.18 Med: 5.76 Max: 27.43
Current: 27.43

During the past 13 years, Luks Group (Vietnam Holdings) Co's highest Cash to Debt Ratio was 27.43. The lowest was 3.18. And the median was 5.76.

LKSGY's Cash-to-Debt is ranked better than
91.47% of 375 companies
in the Building Materials industry
Industry Median: 0.46 vs LKSGY: 27.43

Luks Group (Vietnam Holdings) Co Cash-to-Debt Historical Data

The historical data trend for Luks Group (Vietnam Holdings) 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.

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Luks Group (Vietnam Holdings) Co Cash-to-Debt Chart

Luks Group (Vietnam Holdings) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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9.84

16.26

3.18

5.25

27.44

Luks Group (Vietnam Holdings) Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															3.18	5.38	5.25	7.72	27.44

Competitive Comparison of Luks Group (Vietnam Holdings) Co's Cash-to-Debt

For the Building Materials subindustry, Luks Group (Vietnam Holdings) 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.

Luks Group (Vietnam Holdings) Co's Cash-to-Debt Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Luks Group (Vietnam Holdings) Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Luks Group (Vietnam Holdings) Co's Cash-to-Debt falls into.

Luks Group (Vietnam Holdings) 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.

Luks Group (Vietnam Holdings) 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)
	=	60.257	/	(2.196	+	0)
	=	27.44

Luks Group (Vietnam Holdings) 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)
	=	60.257	/	(2.196	+	0)
	=	27.44

Luks Group (Vietnam Holdings) Co (OTCPK:LKSGY) 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.

Luks Group (Vietnam Holdings) Co Cash-to-Debt Related Terms

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

Luks Group (Vietnam Holdings) Co (Luks Group (Vietnam Holdings) Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Luks Group (Vietnam Holdings) Co Ltd (OTCPK:LKSGY) » Definitions » Cash-to-Debt

Traded in Other Exchanges

00366:Hong Kong LU4:Germany

Address

39-41 Sheung Heung Road, 5th Floor, Cheong Wah Factory Building, Tokwawan, Kowloon, Hong Kong, HKG

Website

http://www.luks.com.hk

Luks Group (Vietnam Holdings) Co Ltd is an investment holding company. Its segments include the Cement products segment, the Property Investment segment, the Hotel operation segment, the Property Development segment, and the Corporate and others segment. It derives key revenue from the cement products segment that represents the group's manufacture and sale of cement products for use in the construction industry. The group derives a majority of its revenue from Vietnam followed by Hong Kong and Mainland China.

Luks Group (Vietnam Holdings) Co (Luks Group (Vietnam Holdings) Co) Headlines

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