OneForce Holdings (HKSE:01933) Cash-to-Debt : 0.20 (As of Sep. 2023)

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What is OneForce 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. OneForce Holdings's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.20.

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, OneForce Holdings couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

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

HKSE:01933' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.2 Med: 1.15 Max: No Debt
Current: 0.2

During the past 9 years, OneForce Holdings's highest Cash to Debt Ratio was No Debt. The lowest was 0.20. And the median was 1.15.

HKSE:01933's Cash-to-Debt is ranked worse than
85.96% of 2800 companies
in the Software industry
Industry Median: 2.565 vs HKSE:01933: 0.20

OneForce Holdings Cash-to-Debt Historical Data

The historical data trend for OneForce 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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OneForce Holdings Cash-to-Debt Chart

OneForce Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

Get a 7-Day Free Trial

1.66

2.38

0.95

0.59

0.74

OneForce Holdings Semi-Annual Data
	Mar15	Mar16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial											0.53	0.59	0.29	0.74	0.20

Competitive Comparison of OneForce Holdings's Cash-to-Debt

For the Software - Application subindustry, OneForce 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.

OneForce Holdings's Cash-to-Debt Distribution in the Software Industry

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

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

OneForce 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.

OneForce 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)
	=	63.234	/	(81.848	+	4.188)
	=	0.73

OneForce 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)
	=	22.251	/	(105.387	+	3.538)
	=	0.20

OneForce Holdings (HKSE:01933) 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.

OneForce Holdings Cash-to-Debt Related Terms

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

OneForce Holdings (HKSE:01933) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » OneForce Holdings Ltd (HKSE:01933) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 9, 3rd Shang Di Street, 9th Floor, Tower E, Jia Hua Mansion, Haidian District, Beijing, CHN

Website

http://www.oneforce.com.hk

OneForce Holdings Ltd is engaged in the design, implementation, enhancement, and upgrades of software systems and the provision of technical services and hardware for the power grid and distribution companies in the People's Republic of China. Its operating segment includes Software and solutions; Technical Services and Products. The company generates maximum revenue from the Technical services segment. Geographically, it operates in China.

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OneForce Holdings (HKSE:01933) Headlines

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