MOBI Development Co (HKSE:00947) Cash-to-Debt : 1.70 (As of Dec. 2024)

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What is MOBI Development 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. MOBI Development Co's cash to debt ratio for the quarter that ended in Dec. 2024 was 1.70.

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, MOBI Development Co could pay off its debt using the cash in hand for the quarter that ended in Dec. 2024.

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

HKSE:00947' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.66 Med: 1.72 Max: 3.92
Current: 1.7

During the past 13 years, MOBI Development Co's highest Cash to Debt Ratio was 3.92. The lowest was 0.66. And the median was 1.72.

HKSE:00947's Cash-to-Debt is ranked better than
52.92% of 2447 companies
in the Hardware industry
Industry Median: 1.46 vs HKSE:00947: 1.70

MOBI Development Co Cash-to-Debt Historical Data

The historical data trend for MOBI Development 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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MOBI Development Co Cash-to-Debt Chart

MOBI Development Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash-to-Debt

Get a 7-Day Free Trial

2.15

1.74

3.92

1.99

1.70

MOBI Development Co Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Cash-to-Debt	Get a 7-Day Free Trial															3.92	0.78	1.99	0.77	1.70

Competitive Comparison of MOBI Development Co's Cash-to-Debt

For the Communication Equipment subindustry, MOBI Development 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.

MOBI Development Co's Cash-to-Debt Distribution in the Hardware Industry

For the Hardware industry and Technology sector, MOBI Development Co's Cash-to-Debt distribution charts can be found below:

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

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MOBI Development 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.

MOBI Development Co's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
	=	205.696	/	(120.556	+	0.302)
	=	1.70

MOBI Development Co's Cash to Debt Ratio for the quarter that ended in Dec. 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)
	=	205.696	/	(120.556	+	0.302)
	=	1.70

MOBI Development Co (HKSE:00947) 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.

MOBI Development Co Cash-to-Debt Related Terms

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MOBI Development Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » MOBI Development Co Ltd (HKSE:00947) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Genyu Road, Gongming Street, MOBI Technology Building, Guangming District, Guangdong Province, Shenzen, CHN

Website

http://www.mobi-antenna.com

MOBI Development Co Ltd is engaged in the communications business sector. It specializes in antenna, radiofrequency, communications products, and solutions of wi-fi series. It operates in three business segments that are Antenna systems engaged in the manufacturing and sales of the antenna systems and related products; the Base station RF subsystem consists of the manufacturing and sales of base station RF subsystem and related products; the Coverage extension solution segment manufactures and sales of coverage products. The majority of the revenue comes from the Base station RF subsystem. Geographically, It operates in The PRC, Other countries/regions in Asia, Europe, Americas and Others.

Executives

Li Xiaoyong

2101 Beneficial owner

MOBI Development Co Headlines

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