Transtech Optelecom Science Holdings (HKSE:09963) Cash-to-Debt

: 0.98 (As of Jun. 2023)

View and export this data going back to 2017. Start your Free Trial

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. Transtech Optelecom Science Holdings's cash to debt ratio for the quarter that ended in Jun. 2023 was 0.98.

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, Transtech Optelecom Science Holdings couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

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

HKSE:09963' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.14 Med: 1.05 Max: 310.61
Current: 0.39

During the past 10 years, Transtech Optelecom Science Holdings's highest Cash to Debt Ratio was 310.61. The lowest was 0.14. And the median was 1.05.

HKSE:09963's Cash-to-Debt is ranked worse than
78.66% of 2470 companies
in the Hardware industry
Industry Median: 1.37 vs HKSE:09963: 0.39

Transtech Optelecom Science Holdings Cash-to-Debt Historical Data

The historical data trend for Transtech Optelecom Science Holdings'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.

* Premium members only.

Transtech Optelecom Science Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

2.96

1.06

0.21

1.04

0.39

Transtech Optelecom Science Holdings Semi-Annual Data
	Dec14	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt														0.21	0.31	1.04	0.98	0.39

Competitive Comparison

For the Communication Equipment subindustry, Transtech Optelecom Science Holdings'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.

Transtech Optelecom Science Holdings Cash-to-Debt Distribution

For the Hardware industry and Technology sector, Transtech Optelecom Science Holdings's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Transtech Optelecom Science Holdings's Cash-to-Debt falls into.

Transtech Optelecom Science Holdings 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.

Transtech Optelecom Science Holdings'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)
	=	58.16	/	(55.8	+	0)
	=	1.04

Transtech Optelecom Science Holdings'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)
	=	36.216	/	(36.871	+	0)
	=	0.98

Transtech Optelecom Science Holdings (HKSE:09963) 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.

Transtech Optelecom Science Holdings Cash-to-Debt Related Terms

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

Transtech Optelecom Science Holdings (HKSE:09963) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Transtech Optelecom Science Holdings Ltd (HKSE:09963) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 3 Dai Kwai Street, Tai Po Industrial Estate, Tai Po, New Territories, Hong Kong, HKG

Website

http://www.transtechoptel.com

Transtech Optelecom Science Holdings Ltd is a part of the telecommunication industry. The company has two segments namely Optical fibre cables, optical cable cores and other related products, which is located in Thailand; and Optical fibres, which is located in Hong Kong. Majority of the revenue is earned from Thailand.

Transtech Optelecom Science Holdings (HKSE:09963) Headlines

No Headlines