Wanda Film Holding Co (SZSE:002739) Cash-to-Debt : 0.33 (As of Sep. 2023)

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What is Wanda Film Holding Co 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. Wanda Film Holding Co's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.33.

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, Wanda Film Holding Co couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

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

SZSE:002739' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.22 Med: 0.36 Max: No Debt
Current: 0.33

During the past 12 years, Wanda Film Holding Co's highest Cash to Debt Ratio was No Debt. The lowest was 0.22. And the median was 0.36.

SZSE:002739's Cash-to-Debt is ranked worse than
70.52% of 1038 companies
in the Media - Diversified industry
Industry Median: 1.26 vs SZSE:002739: 0.33

Wanda Film Holding Co Cash-to-Debt Historical Data

The historical data trend for Wanda Film Holding Co'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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Wanda Film Holding Co Cash-to-Debt Chart

Wanda Film Holding Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

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0.37

0.31

0.28

0.22

Wanda Film Holding Co 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	Get a 7-Day Free Trial															0.31	0.22	0.27	0.30	0.33

Competitive Comparison of Wanda Film Holding Co's Cash-to-Debt

For the Entertainment subindustry, Wanda Film Holding Co'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.

Wanda Film Holding Co's Cash-to-Debt Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Wanda Film Holding Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Wanda Film Holding Co's Cash-to-Debt falls into.

Wanda Film Holding Co 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.

Wanda Film Holding Co'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)
	=	3149.693	/	(4611.39	+	9770.856)
	=	0.22

Wanda Film Holding Co'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)
	=	4198.631	/	(3306.822	+	9313.311)
	=	0.33

Wanda Film Holding Co (SZSE:002739) 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.

Wanda Film Holding Co Cash-to-Debt Related Terms

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Wanda Film Holding Co (SZSE:002739) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Wanda Film Holding Co Ltd (SZSE:002739) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 93 Jianguo Road, Tower B, Wanda Plaza, Chaoyang District, Beijing, CHN, 100022

Website

http://www.wandafilm.com

Wanda Film Holding Co Ltd operates and manages cinema in China. Its business activities include cinema investment, and construction of cinemas, film distribution, film screening, rental of commercial facilities, ticketing agent, graphic design and advertising. It is also engaged in the theater-related derivatives businesses, including the sale of goods and food and drinks, as well as advertising publishing.

Wanda Film Holding Co (SZSE:002739) Headlines

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