Weibo (HKSE:09898) Cash-to-Debt

: 1.14 (As of Sep. 2023)

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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. Weibo's cash to debt ratio for the quarter that ended in Sep. 2023 was 1.14.

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, Weibo could pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

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

HKSE:09898' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.11 Med: 1.8 Max: No Debt
Current: 1.14

During the past 12 years, Weibo's highest Cash to Debt Ratio was No Debt. The lowest was 1.11. And the median was 1.80.

HKSE:09898's Cash-to-Debt is ranked worse than
72.18% of 586 companies
in the Interactive Media industry
Industry Median: 4.615 vs HKSE:09898: 1.14

Weibo Cash-to-Debt Historical Data

The historical data trend for Weibo'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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Weibo Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

2.07

1.42

1.44

1.26

1.28

Weibo Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash-to-Debt																1.21	1.28	1.15	1.17	1.14

Competitive Comparison

For the Internet Content & Information subindustry, Weibo'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.

Weibo Cash-to-Debt Distribution

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

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

Weibo 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.

Weibo'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)
	=	24689.029	/	(75.472	+	19286.631)
	=	1.28

Weibo's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	21682.095	/	(6254.901	+	12779.243)
	=	1.14

Weibo (HKSE:09898) 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.

Weibo Cash-to-Debt Related Terms

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

Weibo (HKSE:09898) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Weibo Corp (HKSE:09898) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

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Address

No. 8 Xinyuan S. Road, 8th Floor, QIHAO Plaza, Chaoyang District, Beijing, CHN, 100027

Website

http://ir.weibo.com

Weibo Corp is a China-based company mainly engaged in the social media advertising business for people to create, discover and distribute content. The Company's activities include Advertising and Marketing, which mainly provides a full range of advertising customization and marketing solutions. The Value-added Services mainly provide services such as membership services on social platforms, online games, live broadcasts, social e-commerce, and others. The Company's main product is the social platform Weibo.

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