HKBN (FRA:2HK) Cash-to-Debt : 0.09 (As of Aug. 2023)

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What is HKBN 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. HKBN's cash to debt ratio for the quarter that ended in Aug. 2023 was 0.09.

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, HKBN couldn't pay off its debt using the cash in hand for the quarter that ended in Aug. 2023.

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

FRA:2HK' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.07 Med: 0.1 Max: 0.15
Current: 0.09

During the past 10 years, HKBN's highest Cash to Debt Ratio was 0.15. The lowest was 0.07. And the median was 0.10.

FRA:2HK's Cash-to-Debt is ranked worse than
78.29% of 387 companies
in the Telecommunication Services industry
Industry Median: 0.36 vs FRA:2HK: 0.09

HKBN Cash-to-Debt Historical Data

The historical data trend for HKBN'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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HKBN Cash-to-Debt Chart

HKBN Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Cash-to-Debt

Get a 7-Day Free Trial

0.07

0.12

0.10

0.09

HKBN Semi-Annual Data
	Feb14	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23
Cash-to-Debt	Get a 7-Day Free Trial															0.12	0.10	0.10	0.09	0.09

Competitive Comparison of HKBN's Cash-to-Debt

For the Telecom Services subindustry, HKBN'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.

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

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

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

HKBN 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.

HKBN's Cash to Debt Ratio for the fiscal year that ended in Aug. 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)
	=	119.134	/	(51.059	+	1295.533)
	=	0.09

HKBN's Cash to Debt Ratio for the quarter that ended in Aug. 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)
	=	119.134	/	(51.059	+	1295.533)
	=	0.09

HKBN (FRA:2HK) 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.

HKBN Cash-to-Debt Related Terms

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

HKBN (FRA:2HK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » HKBN Ltd (FRA:2HK) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

HKBNF:USA 01310:Hong Kong 2HK:Germany

Address

18 Kin Hong Street, 12th Floor, Trans Asia Centre, Kwai Chung, New Territories, Hong Kong, HKG

Website

http://www.hkbnltd.net

HKBN Ltd is a telecommunications company. The company derives revenue from broadband Internet services and voice services to both residential and enterprise customers. The principal activities of the Group are (i) provision of fixed telecommunications network services, international telecommunications services, and mobile services to residential and enterprise customers in Hong Kong, (ii) system integration services, (iii) product sales, and (iv) marketing and distribution of computer hardware and software, telecommunication products, office automation products and the provision of related services. The company has two segments Telecom and technology solutions (Hong Kong) and Telecom and technology solutions (non-Hong Kong) and the majority of its revenue is generated from Hong Kong.

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