Hello Pal International (XCNQ:HP) Cash-to-Debt : 32.59 (As of Feb. 2023)

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What is Hello Pal 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. Hello Pal International's cash to debt ratio for the quarter that ended in Feb. 2023 was 32.59.

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, Hello Pal International could pay off its debt using the cash in hand for the quarter that ended in Feb. 2023.

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

XCNQ:HP's Cash-to-Debt is not ranked ^*
in the Software industry.
Industry Median: 2.47
* Ranked among companies with meaningful Cash-to-Debt only.

Hello Pal International Cash-to-Debt Historical Data

The historical data trend for Hello Pal 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.

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Hello Pal International Cash-to-Debt Chart

Hello Pal International Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Cash-to-Debt

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0.08

6.96

26.49

32.59

Hello Pal International Quarterly Data
	Feb18	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	Aug22	Nov22	Feb23
Cash-to-Debt	Get a 7-Day Free Trial															16.29	26.49	23.55	33.31	32.59

Competitive Comparison of Hello Pal International's Cash-to-Debt

For the Software - Application subindustry, Hello Pal 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.

Hello Pal International's Cash-to-Debt Distribution in the Software Industry

For the Software industry and Technology sector, Hello Pal International's Cash-to-Debt distribution charts can be found below:

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

Hello Pal 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.

Hello Pal International's Cash to Debt Ratio for the fiscal year that ended in Feb. 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)
	=	3.487	/	(0.106	+	0.001)
	=	32.59

Hello Pal International's Cash to Debt Ratio for the quarter that ended in Feb. 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)
	=	3.487	/	(0.106	+	0.001)
	=	32.59

Hello Pal International (XCNQ:HP) 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.

Hello Pal International Cash-to-Debt Related Terms

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Hello Pal International (XCNQ:HP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Hello Pal International Inc (XCNQ:HP) » Definitions » Cash-to-Debt

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HLLPF:USA

Address

200 - 550 Denman Street, Vancouver, BC, CAN, V6G 3H1

Website

https://www.hellopal.com

Hello Pal International Inc is a proprietary suite of mobile applications built on a user-friendly messaging interface that focuses on social interaction, language learning, and travel. It has been designed from the ground up to be easy to use and enables users the freedom to speak in their own language regardless of the other person's language they are speaking. The firm operates in two different reportable segments international live-streaming segment, which provides online live-streaming services. and Cryptocurrency mining segment, which provides cryptocurrency computing services to blockchain platforms, and the majority of its revenue comes from live streaming segments.