Readen Holding (Readen Holding) Cash-to-Debt : 0.00 (As of . 20)

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What is Readen Holding 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. Readen Holding's cash to debt ratio for the quarter that ended in . 20 was 0.00.

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, Readen Holding couldn't pay off its debt using the cash in hand for the quarter that ended in . 20.

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

RHCO's Cash-to-Debt is not ranked ^*
in the Asset Management industry.
Industry Median: 5.605
* Ranked among companies with meaningful Cash-to-Debt only.

Readen Holding Cash-to-Debt Historical Data

The historical data trend for Readen Holding'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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Readen Holding Cash-to-Debt Chart

Readen Holding Annual Data

Trend

Cash-to-Debt

Readen Holding Quarterly Data

Cash-to-Debt

Competitive Comparison of Readen Holding's Cash-to-Debt

For the Asset Management subindustry, Readen Holding'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.

Readen Holding's Cash-to-Debt Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Readen Holding's Cash-to-Debt distribution charts can be found below:

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

Readen Holding 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.

Readen Holding's Cash to Debt Ratio for the fiscal year that ended in . 20 is calculated as:

Do not have enough data to calculate Cash to Debt ratio.

Readen Holding's Cash to Debt Ratio for the quarter that ended in . 20 is calculated as:

Do not have enough data to calculate Cash to Debt ratio.

Readen Holding (OTCPK:RHCO) 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.

Readen Holding Cash-to-Debt Related Terms

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Readen Holding (Readen Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Readen Holding Corp (OTCPK:RHCO) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

9 Hoi Shing Road, 3301 Cable TV Tower, Tsuen Wan, HKG

Website

https://www.readenholdingcorp.com

Readen Holding Corp is a venture capital organization and shareholder of companies operating in different industries. It is a holding company, holding multiple projects and businesses in a wide variety of industries, such as Fintech, Payments, E-Commerce, and Other Investments.