Quam Plus International Financial (HKSE:00952) Cash-to-Debt : 1.04 (As of Jun. 2023)

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What is Quam Plus International Financial 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. Quam Plus International Financial's cash to debt ratio for the quarter that ended in Jun. 2023 was 1.04.

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, Quam Plus International Financial could pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

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

HKSE:00952' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.07 Med: 0.98 Max: 8.96
Current: 1.12

During the past 13 years, Quam Plus International Financial's highest Cash to Debt Ratio was 8.96. The lowest was 0.07. And the median was 0.98.

HKSE:00952's Cash-to-Debt is ranked worse than
61.01% of 790 companies
in the Capital Markets industry
Industry Median: 1.78 vs HKSE:00952: 1.12

Quam Plus International Financial Cash-to-Debt Historical Data

The historical data trend for Quam Plus International Financial'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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Quam Plus International Financial Cash-to-Debt Chart

Quam Plus International Financial Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.92

1.17

1.10

1.01

1.12

Quam Plus International Financial Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															1.10	1.14	1.01	1.04	1.12

Competitive Comparison of Quam Plus International Financial's Cash-to-Debt

For the Capital Markets subindustry, Quam Plus International Financial'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.

Quam Plus International Financial's Cash-to-Debt Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Quam Plus International Financial's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Quam Plus International Financial's Cash-to-Debt falls into.

Quam Plus International Financial 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.

Quam Plus International Financial's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 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)
	=	963.287	/	(927.246	+	27.07)
	=	1.01

Quam Plus International Financial's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	823.176	/	(734.513	+	55.336)
	=	1.04

Quam Plus International Financial (HKSE:00952) 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.

Quam Plus International Financial Cash-to-Debt Related Terms

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

Quam Plus International Financial (HKSE:00952) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Quam Plus International Financial Ltd (HKSE:00952) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

29 Queen’s Road Central, 18th and 19th Floor, China Building, Hong Kong, HKG

Website

https://www.quamplus.com

Quam Plus International Financial Ltd Formerly China Tonghai International Financial Ltd is an investment holding company. Its activities include corporate finance advisory and general advisory services; fund management, discretionary portfolio management and portfolio management advisory services; discretionary and non-discretionary dealing services for securities, futures and options, securities placing and underwriting services, margin financing, insurance broking and wealth management services; money lending services; financial media services; and investing and trading of various investment products. Its segments include corporate finance; asset management; brokerage; interest income; investments; and others segment.

Quam Plus International Financial (HKSE:00952) Headlines

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