RooLife Group (ASX:RLG) Cash-to-Debt : 1.13 (As of Dec. 2023)

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What is RooLife Group 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. RooLife Group's cash to debt ratio for the quarter that ended in Dec. 2023 was 1.13.

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, RooLife Group 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 RooLife Group's Cash-to-Debt or its related term are showing as below:

ASX:RLG' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.13 Med: No Debt Max: No Debt
Current: 1.13

During the past 6 years, RooLife Group's highest Cash to Debt Ratio was No Debt. The lowest was 1.13. And the median was No Debt.

ASX:RLG's Cash-to-Debt is ranked worse than
63.23% of 2766 companies
in the Software industry
Industry Median: 2.53 vs ASX:RLG: 1.13

RooLife Group Cash-to-Debt Historical Data

The historical data trend for RooLife 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.

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RooLife Group Cash-to-Debt Chart

RooLife Group Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

2.37

RooLife Group Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial									No Debt	No Debt	5.11	2.37	1.13

Competitive Comparison of RooLife Group's Cash-to-Debt

For the Software - Application subindustry, RooLife 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.

RooLife Group's Cash-to-Debt Distribution in the Software Industry

For the Software industry and Technology sector, RooLife Group's Cash-to-Debt distribution charts can be found below:

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

RooLife 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.

RooLife Group's Cash to Debt Ratio for the fiscal year 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)
	=	1.42	/	(0.6	+	0)
	=	2.37

RooLife Group'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)
	=	2.488	/	(2	+	0.2)
	=	1.13

RooLife Group (ASX:RLG) 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.

RooLife Group Cash-to-Debt Related Terms

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RooLife Group (ASX:RLG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » RooLife Group Ltd (ASX:RLG) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

1138 Hay Street, Level 3, West Perth, Perth, WA, AUS, 6005

Website

https://www.roolifegroup.com.au

RooLife Group Ltd is engaged in the provision of fully integrated digital marketing and customer acquisition services driving online sales of products and services. Powered by its hyper-personalization and profiling Artificial Intelligence System, the company provides personalized real-time, targeted marketing, with a key focus on driving sales via its e-commerce marketplaces, enabling businesses to sell directly to Chinese consumers and accept payment via the WeChat and Alipay mobile payments platforms. Geographically, the company generates maximum revenue from China.

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