A-Smart Holdings (FRA:IOTA) Cash-to-Debt : 0.41 (As of Jan. 2024)

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What is A-Smart Holdings 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. A-Smart Holdings's cash to debt ratio for the quarter that ended in Jan. 2024 was 0.41.

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, A-Smart Holdings couldn't pay off its debt using the cash in hand for the quarter that ended in Jan. 2024.

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

FRA:IOTA' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.13 Med: 2.27 Max: 8.19
Current: 0.41

During the past 13 years, A-Smart Holdings's highest Cash to Debt Ratio was 8.19. The lowest was 0.13. And the median was 2.27.

FRA:IOTA's Cash-to-Debt is ranked worse than
64.38% of 1064 companies
in the Business Services industry
Industry Median: 0.975 vs FRA:IOTA: 0.41

A-Smart Holdings Cash-to-Debt Historical Data

The historical data trend for A-Smart Holdings'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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A-Smart Holdings Cash-to-Debt Chart

A-Smart Holdings Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Cash-to-Debt

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6.92

2.25

2.04

2.03

1.03

A-Smart Holdings Semi-Annual Data
	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Cash-to-Debt	Get a 7-Day Free Trial															2.29	2.03	2.48	1.03	0.41

Competitive Comparison of A-Smart Holdings's Cash-to-Debt

For the Specialty Business Services subindustry, A-Smart Holdings'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.

A-Smart Holdings's Cash-to-Debt Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, A-Smart Holdings's Cash-to-Debt distribution charts can be found below:

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

A-Smart Holdings 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.

A-Smart Holdings's Cash to Debt Ratio for the fiscal year that ended in Jul. 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)
	=	4.813	/	(2.64	+	2.013)
	=	1.03

A-Smart Holdings's Cash to Debt Ratio for the quarter that ended in Jan. 2024 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)
	=	1.845	/	(2.677	+	1.879)
	=	0.40

A-Smart Holdings (FRA:IOTA) 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.

A-Smart Holdings Cash-to-Debt Related Terms

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

A-Smart Holdings (FRA:IOTA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » A-Smart Holdings Ltd (FRA:IOTA) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

BQC:Singapore

Address

61 Tai Seng Avenue, No. 03-03, Print Media Hub, Paya Lebar iPark, Singapore, SGP, 534167

Website

http://www.a-smart.sg

A-Smart Holdings Ltd is an investment holding company. The company's operating segment includes Property, Print and Media, Smart Technologies and Corporate and Others. It generates maximum revenue from the Print Media segment. The Print Media segment is involved in the printing of financial research reports, annual reports, asset management reports, initial public offering prospectuses, corporate brochures, yearbooks, trade directories, magazines, other commercial publications, collaterals and event management. Geographically, it derives revenue from Singapore.

A-Smart Holdings (FRA:IOTA) Headlines

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