Sun Hing Vision Group Holdings (HKSE:00125) Cash-to-Debt : 5.51 (As of Sep. 2023)

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What is Sun Hing Vision Group 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. Sun Hing Vision Group Holdings's cash to debt ratio for the quarter that ended in Sep. 2023 was 5.51.

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, Sun Hing Vision Group Holdings could pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

The historical rank and industry rank for Sun Hing Vision Group Holdings's Cash-to-Debt or its related term are showing as below:

HKSE:00125' s Cash-to-Debt Range Over the Past 10 Years
Min: 3.94 Med: 7.23 Max: No Debt
Current: 5.51

During the past 13 years, Sun Hing Vision Group Holdings's highest Cash to Debt Ratio was No Debt. The lowest was 3.94. And the median was 7.23.

HKSE:00125's Cash-to-Debt is ranked better than
85.17% of 1106 companies
in the Retail - Cyclical industry
Industry Median: 0.46 vs HKSE:00125: 5.51

Sun Hing Vision Group Holdings Cash-to-Debt Historical Data

The historical data trend for Sun Hing Vision Group 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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Sun Hing Vision Group Holdings Cash-to-Debt Chart

Sun Hing Vision Group Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

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7.71

4.19

4.83

5.33

6.69

Sun Hing Vision Group Holdings Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial															4.60	5.33	5.68	6.69	5.51

Competitive Comparison of Sun Hing Vision Group Holdings's Cash-to-Debt

For the Luxury Goods subindustry, Sun Hing Vision Group 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.

Sun Hing Vision Group Holdings's Cash-to-Debt Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Sun Hing Vision Group Holdings's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Sun Hing Vision Group Holdings's Cash-to-Debt falls into.

Sun Hing Vision Group 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.

Sun Hing Vision Group Holdings's Cash to Debt Ratio for the fiscal year that ended in Mar. 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)
	=	328.76	/	(44.123	+	5.031)
	=	6.69

Sun Hing Vision Group Holdings'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)
	=	319.781	/	(45.528	+	12.485)
	=	5.51

Sun Hing Vision Group Holdings (HKSE:00125) 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.

Sun Hing Vision Group Holdings Cash-to-Debt Related Terms

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

Sun Hing Vision Group Holdings (HKSE:00125) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Sun Hing Vision Group Holdings Ltd (HKSE:00125) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

83 Hung To Road, 25 Floor, EGL Tower, Kwun Tong, Kowloon, Hong Kong, HKG

Website

https://www.sunhingoptical.com

Sun Hing Vision Group Holdings Ltd is an investment holding company. Along with its subsidiaries, the firm engages in the design, manufacture, and distribution of premium eyewear products. It operates through the segments of Eyewear products; Contact lens and others. The company generates maximum revenue from the Eyewear products segment. Geographically, it derives a majority of revenue from Italy and also has a presence in Hong Kong; Japan; the United States and Other countries. The company's brand portfolio includes brand names such as New Balance, agnes b, Jill Stuart, Levi's and Kenzo.

Executives

Webb David Michael	2201 Interest of corporation controlled by you
Lim Mee Hwa	2201 Interest of corporation controlled by you
Yeo Seng Chong	2201 Interest of corporation controlled by you
Hsbc International Trustee Limited	2301 Trustee
United Vision International Limited	2306 Nominee for another person
Ku Ka Yung	2305 Beneficiary of a trust
Ku Ling Wah, Phyllis	2305 Beneficiary of a trust
Ku Ngai Yung, Otis	2305 Beneficiary of a trust
Fidelity Puritan Trust	2101 Beneficial owner

Sun Hing Vision Group Holdings (HKSE:00125) Headlines

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