HH Galaxy Co (ROCO:2949) Cash-to-Debt : 1.74 (As of Dec. 2023)

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What is HH Galaxy 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. HH Galaxy Co's cash to debt ratio for the quarter that ended in Dec. 2023 was 1.74.

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, HH Galaxy 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 HH Galaxy Co's Cash-to-Debt or its related term are showing as below:

ROCO:2949' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.64 Med: 1.03 Max: 1.74
Current: 1.74

During the past 6 years, HH Galaxy Co's highest Cash to Debt Ratio was 1.74. The lowest was 0.64. And the median was 1.03.

ROCO:2949's Cash-to-Debt is ranked better than
74.14% of 1106 companies
in the Retail - Cyclical industry
Industry Median: 0.46 vs ROCO:2949: 1.74

HH Galaxy Co Cash-to-Debt Historical Data

The historical data trend for HH Galaxy 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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HH Galaxy Co Cash-to-Debt Chart

HH Galaxy Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.92

0.97

1.09

1.33

1.74

HH Galaxy Co Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial			1.09	0.93	1.33	1.12	1.74

Competitive Comparison of HH Galaxy Co's Cash-to-Debt

For the Internet Retail subindustry, HH Galaxy 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.

HH Galaxy Co's Cash-to-Debt Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, HH Galaxy Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where HH Galaxy Co's Cash-to-Debt falls into.

HH Galaxy 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.

HH Galaxy 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)
	=	647.573	/	(365.229	+	6.131)
	=	1.74

HH Galaxy 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)
	=	647.573	/	(365.229	+	6.131)
	=	1.74

HH Galaxy Co (ROCO:2949) 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.

HH Galaxy Co Cash-to-Debt Related Terms

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HH Galaxy Co (ROCO:2949) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » HH Galaxy Co Ltd (ROCO:2949) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 45, Dongxing Road, Xinyi District, Taipei City, TWN, 110403

Website

https://www.hhgalaxy.com.tw

HH Galaxy Co Ltd operates as a merchandising agent in the Taiwan market that focused on online sales. It provides integrated all-round services such as commodity warehouse, planning operation, and brand combination. It provides agency services such as warehousing, cash flow, and logistics, and also assists customers in expanding brand business opportunities on the Internet.

HH Galaxy Co (ROCO:2949) Headlines

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