Values Cultural Investment (HKSE:01740) Cash-to-Debt : 68.28 (As of Jun. 2023)

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What is Values Cultural Investment 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. Values Cultural Investment's cash to debt ratio for the quarter that ended in Jun. 2023 was 68.28.

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, Values Cultural Investment 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 Values Cultural Investment's Cash-to-Debt or its related term are showing as below:

HKSE:01740' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.1 Med: 36.98 Max: No Debt
Current: 17.2

During the past 8 years, Values Cultural Investment's highest Cash to Debt Ratio was No Debt. The lowest was 0.10. And the median was 36.98.

HKSE:01740's Cash-to-Debt is ranked better than
80.06% of 1038 companies
in the Media - Diversified industry
Industry Median: 1.26 vs HKSE:01740: 17.20

Values Cultural Investment Cash-to-Debt Historical Data

The historical data trend for Values Cultural Investment'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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Values Cultural Investment Cash-to-Debt Chart

Values Cultural Investment Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.29

No Debt

44.23

17.20

Values Cultural Investment Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial									No Debt	No Debt	44.23	68.28	17.20

Competitive Comparison of Values Cultural Investment's Cash-to-Debt

For the Entertainment subindustry, Values Cultural Investment'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.

Values Cultural Investment's Cash-to-Debt Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Values Cultural Investment's Cash-to-Debt distribution charts can be found below:

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

Values Cultural Investment 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.

Values Cultural Investment'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)
	=	43.608	/	(0.986	+	0)
	=	44.23

Values Cultural Investment'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)
	=	33.322	/	(0.488	+	0)
	=	68.28

Values Cultural Investment (HKSE:01740) 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.

Values Cultural Investment Cash-to-Debt Related Terms

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

Values Cultural Investment (HKSE:01740) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Values Cultural Investment Ltd (HKSE:01740) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

11 Hoi Shing Road, Room 16, 28th Floor, One Midtown, Tsuen Wan, New Territories, Hong Kong, HKG

Website

http://www.yuanshimedia.com

Values Cultural Investment Ltd is an investment holding company. It is engaged in licensing of broadcasting rights of TV series, investing in TV series and web series as a non-executive producer, and acting as a distribution agent of TV series. The company's customers include TV stations, companies that are engaged in the business of distribution of TV series, executive producers, and copyright owners of the TV series.

Values Cultural Investment (HKSE:01740) Headlines

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