Chinese Gamer International (ROCO:3083) Cash-to-Debt : 63.05 (As of Mar. 2024)

View and export this data going back to 2003. Start your Free Trial

What is Chinese Gamer International 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. Chinese Gamer International's cash to debt ratio for the quarter that ended in Mar. 2024 was 63.05.

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, Chinese Gamer International could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

ROCO:3083' s Cash-to-Debt Range Over the Past 10 Years
Min: 14.62 Med: 63.16 Max: No Debt
Current: 63.05

During the past 13 years, Chinese Gamer International's highest Cash to Debt Ratio was No Debt. The lowest was 14.62. And the median was 63.16.

ROCO:3083's Cash-to-Debt is ranked better than
73.98% of 561 companies
in the Interactive Media industry
Industry Median: 5.04 vs ROCO:3083: 63.05

Chinese Gamer International Cash-to-Debt Historical Data

The historical data trend for Chinese Gamer International'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.

Chinese Gamer International Cash-to-Debt Chart

Chinese Gamer International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

31.42

44.88

164.07

31.49

51.54

Chinese Gamer International Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															35.56	37.23	43.97	51.54	63.05

Competitive Comparison of Chinese Gamer International's Cash-to-Debt

For the Electronic Gaming & Multimedia subindustry, Chinese Gamer International'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.

Chinese Gamer International's Cash-to-Debt Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Chinese Gamer International's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Chinese Gamer International's Cash-to-Debt falls into.

Chinese Gamer International 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.

Chinese Gamer International'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)
	=	766.281	/	(11.296	+	3.572)
	=	51.54

Chinese Gamer International's Cash to Debt Ratio for the quarter 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)
	=	761.803	/	(11.046	+	1.036)
	=	63.05

Chinese Gamer International (ROCO:3083) 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.

Chinese Gamer International Cash-to-Debt Related Terms

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

Chinese Gamer International (ROCO:3083) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Chinese Gamer International Corp (ROCO:3083) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

4F, No.2, Lane 47, Nangang Road, Section 3, Taipei, TWN

Website

http://www.chinesegamer.net

Chinese Gamer International Corp is a Taiwan-based, online game research and development company. Its core business activities include the development and operation of online games, mobile games, and cross-platform games. Its products include Jing Yong Online, Three Kingdoms Online, TS Online, Love Box, and Jing Yong 2 Online.

Chinese Gamer International (ROCO:3083) Headlines

No Headlines