A.Plus Group Holdings (HKSE:01841) Cash-to-Debt : 9.56 (As of Sep. 2023)

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What is A.Plus 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. A.Plus Group Holdings's cash to debt ratio for the quarter that ended in Sep. 2023 was 9.56.

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, A.Plus 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 A.Plus Group Holdings's Cash-to-Debt or its related term are showing as below:

HKSE:01841' s Cash-to-Debt Range Over the Past 10 Years
Min: 9.56 Med: 5034.89 Max: No Debt
Current: 9.56

During the past 10 years, A.Plus Group Holdings's highest Cash to Debt Ratio was No Debt. The lowest was 9.56. And the median was 5034.89.

HKSE:01841's Cash-to-Debt is ranked better than
78.79% of 1061 companies
in the Business Services industry
Industry Median: 0.97 vs HKSE:01841: 9.56

A.Plus Group Holdings Cash-to-Debt Historical Data

The historical data trend for A.Plus 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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A.Plus Group Holdings Cash-to-Debt Chart

A.Plus Group Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

69.77

12.44

12.49

40.61

A.Plus Group Holdings Semi-Annual Data
	Mar14	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														11.24	12.49	19.40	40.61	9.56

Competitive Comparison of A.Plus Group Holdings's Cash-to-Debt

For the Specialty Business Services subindustry, A.Plus 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.

A.Plus Group Holdings's Cash-to-Debt Distribution in the Business Services Industry

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

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

A.Plus 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.

A.Plus 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)
	=	68.466	/	(1.686	+	0)
	=	40.61

A.Plus 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)
	=	79.264	/	(4.525	+	3.77)
	=	9.56

A.Plus Group Holdings (HKSE:01841) 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.Plus Group Holdings Cash-to-Debt Related Terms

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A.Plus Group Holdings (HKSE:01841) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » A.Plus Group Holdings Ltd (HKSE:01841) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

35-45B Bonham Strand, 2nd Floor, Sheung Wan, Hong Kong, HKG

Website

https://aplushk.com/aplus_grp

A.Plus Group Holdings Ltd is a Hong Kong-based investment holding company. It is principally engaged in the provision of financial printing services. Geographically, it derives revenue from Hong Kong. The company provides typesetting, design, translation, printing and delivery services in relation to financial reports, company announcements, shareholders circulars, debt offering documents, IPO prospectuses, and other documents.

Executives

Allied Group Limited
Lee Seng Hui
Lee Seng Huang
Lee Su Hwei
Brilliant Ray Global Limited	2101 Beneficial owner
Sunny Apex Holdings Limited	2101 Beneficial owner
Fong Wing Kong	2201 Interest of corporation controlled by you
Lam Kim Wan	2201 Interest of corporation controlled by you
Long Set Investments Limited	2101 Beneficial owner
Shk Hong Kong Industries Limited	2201 Interest of corporation controlled by you

A.Plus Group Holdings (HKSE:01841) Headlines

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