Sea (SE) Cash-to-Debt

: 1.21 (As of Dec. 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. Sea's cash to debt ratio for the quarter that ended in Dec. 2023 was 1.21.

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

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

SE' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.94 Med: 2.2 Max: No Debt
Current: 1.21

During the past 10 years, Sea's highest Cash to Debt Ratio was No Debt. The lowest was 0.94. And the median was 2.20.

SE's Cash-to-Debt is ranked better than
68.24% of 1102 companies
in the Retail - Cyclical industry
Industry Median: 0.47 vs SE: 1.21

Sea Cash-to-Debt Historical Data

The historical data trend for Sea'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.

Sea Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

2.02

3.01

2.38

1.53

1.21

Sea Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt																1.53	1.46	1.25	1.30	1.21

Competitive Comparison

For the Internet Retail subindustry, Sea'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.

Sea Cash-to-Debt Distribution

For the Retail - Cyclical industry and Consumer Cyclical sector, Sea's Cash-to-Debt distribution charts can be found below:

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

Sea 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.

Sea's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
	=	5358.7	/	(589.213	+	3858.622)
	=	1.20

Sea's Cash to Debt Ratio for the quarter that ended in Dec. 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)
	=	5358.7	/	(589.213	+	3858.622)
	=	1.20

Sea (NYSE:SE) 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.

Sea Cash-to-Debt Related Terms

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

Sea (SE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Sea Ltd (NYSE:SE) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

SE:Mexico 0A3T:UK 931:Germany 931:Germany S2EA34:Brazil

Address

1 Fusionopolis Place, No. 17-10, Galaxis, Singapore, SGP, 138522

Website

https://www.sea.com

Sea operates Southeast Asia's largest e-commerce company, Shopee, in terms of gross merchandise value and number of transactions. Sea started as a gaming business, Garena, but in 2015 expanded into e-commerce, which is now the main growth driver. Shopee is a hybrid C2C and B2C marketplace platform operating in eight core markets. Indonesia accounts for 35% of GMV, with the rest split mainly among Taiwan, Vietnam, Thailand, Malaysia, and the Philippines. For Garena, Free Fire was the most downloaded game in January 2022 and accounted for 74% of gaming revenue in 2021. Sea's third business, SeaMoney, provides mostly credit lending.