Activation Group Holdings (HKSE:09919) Cash-to-Debt : 38.97 (As of Jun. 2023)

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What is Activation 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. Activation Group Holdings's cash to debt ratio for the quarter that ended in Jun. 2023 was 38.97.

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, Activation Group Holdings could pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

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

HKSE:09919' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.42 Med: 21.86 Max: 46.66
Current: 46.66

During the past 8 years, Activation Group Holdings's highest Cash to Debt Ratio was 46.66. The lowest was 1.42. And the median was 21.86.

HKSE:09919's Cash-to-Debt is ranked better than
85.71% of 1001 companies
in the Media - Diversified industry
Industry Median: 1.25 vs HKSE:09919: 46.66

Activation Group Holdings Cash-to-Debt Historical Data

The historical data trend for Activation 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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Activation Group Holdings Cash-to-Debt Chart

Activation Group Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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1.42

22.04

46.44

31.28

46.66

Activation Group Holdings 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									46.44	24.08	31.28	38.97	46.66

Competitive Comparison of Activation Group Holdings's Cash-to-Debt

For the Advertising Agencies subindustry, Activation 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.

Activation Group Holdings's Cash-to-Debt Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Activation Group Holdings's Cash-to-Debt distribution charts can be found below:

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

Activation 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.

Activation Group Holdings's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 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)
	=	335.315	/	(3.488	+	7.231)
	=	31.28

Activation Group Holdings's Cash to Debt Ratio for the quarter 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)
	=	342.541	/	(3.482	+	5.307)
	=	38.97

Activation Group Holdings (HKSE:09919) 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.

Activation Group Holdings Cash-to-Debt Related Terms

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Activation Group Holdings (HKSE:09919) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Activation Group Holdings Ltd (HKSE:09919) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 399A Liu Zhou Road, 8th Floor, Hengdi Warehouse International Building, Xuhui District, Shanghai, CHN, 200235

Website

https://www.activation-gp.com

Activation Group Holdings Ltd is an integrated marketing solutions provider. The company focuses on the provision of experiential marketing, digital and brand communication, and public relations services. Its operating segment includes Experiential marketing services, Digital and communication services and IP development. The company generates maximum revenue from Experiential marketing services. Geographically, it derives a majority of revenue from Mainland China and also has a presence in Hong Kong/Singapore.

Executives

Lau Kam Yiu	2101 Beneficial owner
Rays Capital Partners Limited	2102 Investment manager
Ruan David Ching Chi	2201 Interest of corporation controlled by you
Snow Lake China Master Fund, Ltd.	2101 Beneficial owner
Snow Lake China Offshore Fund, Ltd.	2201 Interest of corporation controlled by you
Snow Lake Management Llc	2201 Interest of corporation controlled by you
Snow Lake Management Lp	2102 Investment manager
Ma Sean	2201 Interest of corporation controlled by you
Ai De Zhong Xin Shang Hai Tou Zi Guan Li Qi Ye You Xian He Huo	2101 Beneficial owner
Low Wei Mun	2101 Beneficial owner
Chan Wai Bun	2101 Beneficial owner
Li Meixuan	2202 Interest of your spouse
Chung Wing Ting	2202 Interest of your spouse
Ng Bo Sing	2101 Beneficial owner
Act Partners Global Ltd.	2201 Interest of corporation controlled by you

Activation Group Holdings (HKSE:09919) Headlines

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