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i-CABLE Communications (i-CABLE Communications) Debt-to-Asset : 1.95 (As of Dec. 2023)


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What is i-CABLE Communications Debt-to-Asset?

i-CABLE Communications's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $38.39 Mil. i-CABLE Communications's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $197.60 Mil. i-CABLE Communications's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was $121.02 Mil. i-CABLE Communications's debt to asset for the quarter that ended in Dec. 2023 was 1.95.


i-CABLE Communications Debt-to-Asset Historical Data

The historical data trend for i-CABLE Communications's Debt-to-Asset 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.

* Premium members only.

i-CABLE Communications Debt-to-Asset Chart

i-CABLE Communications Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.43 0.48 0.60 1.34 1.95

i-CABLE Communications Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.60 0.76 1.34 1.58 1.95

Competitive Comparison of i-CABLE Communications's Debt-to-Asset

For the Entertainment subindustry, i-CABLE Communications's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.


i-CABLE Communications's Debt-to-Asset Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, i-CABLE Communications's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where i-CABLE Communications's Debt-to-Asset falls into.



i-CABLE Communications Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

i-CABLE Communications's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(38.39 + 197.599) / 121.022
=1.95

i-CABLE Communications's Debt-to-Asset for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(38.39 + 197.599) / 121.022
=1.95

* 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.


i-CABLE Communications  (OTCPK:ICABF) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


i-CABLE Communications Debt-to-Asset Related Terms

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i-CABLE Communications (i-CABLE Communications) Business Description

Traded in Other Exchanges
Address
9 Hoi Shing Road, 7th Floor, Cable TV Tower, Tsuen Wan, Hong Kong, HKG
i-CABLE Communications Ltd is an investment holding company engaged in operating in two business segments; The media segment includes operations related to the television subscription business, domestic free television program service, advertising, channel carriage, television relay service, program licensing, theatrical release, and other related businesses, and The telecommunications segment includes operations related to broadband internet access services, portal operation, telephony services, network leasing, network construction, mobile service, and mobile agency service as well as other related businesses.

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