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. AB International Group's cash to debt ratio for the quarter that ended in Feb. 2024 was 0.03.
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, AB International Group couldn't pay off its debt using the cash in hand for the quarter that ended in Feb. 2024.
The historical rank and industry rank for AB International Group's Cash-to-Debt or its related term are showing as below:
ABQQ'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 5007.39 Max: No Debt
Current: 0.03
During the past 10 years, AB International Group's highest Cash to Debt Ratio was No Debt. The lowest was 0.02. And the median was 5007.39.
AB International Group Cash-to-Debt Historical Data
The historical data trend for AB International Group'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.
|
AB International Group Annual Data
|
|
Trend |
Aug14 |
Aug15 |
Aug16 |
Aug17 |
Aug18 |
Aug19 |
Aug20 |
Aug21 |
Aug22 |
Aug23 |
| Cash-to-Debt |
|
|
|
|
|
|
No Debt |
4.38 |
2.75 |
0.06 |
0.08 |
|
AB International Group Quarterly Data
|
|
May19 |
Aug19 |
Nov19 |
Feb20 |
May20 |
Aug20 |
Nov20 |
Feb21 |
May21 |
Aug21 |
Nov21 |
Feb22 |
May22 |
Aug22 |
Nov22 |
Feb23 |
May23 |
Aug23 |
Nov23 |
Feb24 |
| Cash-to-Debt |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
0.17 |
0.15 |
0.08 |
0.20 |
0.03 |
Competitive Comparison
For the Entertainment subindustry, AB International Group'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.
AB International Group Cash-to-Debt Distribution
For the Media - Diversified industry and Communication Services sector, AB International Group's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where AB International Group's Cash-to-Debt falls into.
AB International Group 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.
AB International Group's Cash to Debt Ratio for the fiscal year that ended in Aug. 2023 is calculated as:
AB International Group's Cash to Debt Ratio for the quarter that ended in Feb. 2024 is calculated as:
* 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.
AB International Group (AB International Group) Business Description
Traded in Other Exchanges
N/A
Address
144 Main Street, Mount Kisco, New York, NY, USA, 10549
AB International Group Corp is an intellectual property (IP) and movie investment and licensing firm, focused on acquisitions and development of various intellectual property, including the acquisition and distribution of movies. It is predominantly engaged in owning or leasing franchises, patents, and copyrights then in turn license others to use. The company is also engaged in other businesses such as providing Video streaming service under the brand name ABQQ.tv, Smartphone patent, NFT movie and music marketplace license business and operating AB movie theatres. The company has two reportable segments, Copyrights and license (IP) segment which generates majority of the revenue and cinema segment.
Executives
| Chiyuan Deng |
director, officer: President |
2/F 45 HOLLYWOOD ROAD, HONG KONG K3 999077 |
| Pathikonda Sivakumar Arikeri |
10 percent owner |
#08-245, BLOCK #107, YISHUN KING ROAD, SINGAPORE U0 760107 |
| Lijun Yu |
10 percent owner, officer: Chief Marketing Officer |
16TH FLOOR, RICH TOWERS, 2 BLENHEIM AVENUE, TSIM SHA TSUI, KOWLOON K3 00000 |
| Linqing Ye |
director |
SHOP 518 5/F TM PLAZA, 88 QINGHEZHONGLU, GUANGZHOU F4 511400 |
| Alexander Holtermann |
director, officer: Chief Executive Officer |
KRANICHSTEINER STR 21, 60598 FRANKFURT AM MAIN 2M 60598 |
| Jianli Deng |
10 percent owner, officer: Secretary and Treasurer |
2/F 45 HOLLYWOOD ROAD, HONG KONG K3 999077 |
| Ian Wright |
officer: Chief Operating Officer |
BOECKLINSTRASSE 3, FRANKFURT AM MAIN GERMANY, FRANKFURT 2M 60596 |
| Luis Hadic |
officer: Chief Financial Officer |
23717 110B AVE., MAPLE RIDGE A1 V2W 2E2 |
| Ho Ming Chung |
officer: Chief Technology Officer |
23/F ROOM 8 BLOCK A WANG KWONG BLDG., 22 NGAU TAU KOK ROAD, KOWLOON K3 999077 |
AB International Group (AB International Group) Headlines
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