Ho Chi Minh City Securities (STC:HCM) Cash-to-Debt : 0.53 (As of Mar. 2024)

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What is Ho Chi Minh City Securities 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. Ho Chi Minh City Securities's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.53.

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, Ho Chi Minh City Securities couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

The historical rank and industry rank for Ho Chi Minh City Securities's Cash-to-Debt or its related term are showing as below:

STC:HCM' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.21 Med: 0.57 Max: No Debt
Current: 0.53

During the past 13 years, Ho Chi Minh City Securities's highest Cash to Debt Ratio was No Debt. The lowest was 0.21. And the median was 0.57.

STC:HCM's Cash-to-Debt is ranked worse than
73.6% of 769 companies
in the Capital Markets industry
Industry Median: 2.27 vs STC:HCM: 0.53

Ho Chi Minh City Securities Cash-to-Debt Historical Data

The historical data trend for Ho Chi Minh City Securities'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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Ho Chi Minh City Securities Cash-to-Debt Chart

Ho Chi Minh City Securities Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.87

0.32

0.57

0.97

0.50

Ho Chi Minh City Securities Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															1.11	0.73	0.50	0.50	0.53

Competitive Comparison of Ho Chi Minh City Securities's Cash-to-Debt

For the Capital Markets subindustry, Ho Chi Minh City Securities'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.

Ho Chi Minh City Securities's Cash-to-Debt Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Ho Chi Minh City Securities's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Ho Chi Minh City Securities's Cash-to-Debt falls into.

Ho Chi Minh City Securities 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.

Ho Chi Minh City Securities's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
	=	4563522.677	/	(9160263.662	+	0)
	=	0.50

Ho Chi Minh City Securities's Cash to Debt Ratio for the quarter that ended in Mar. 2024 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)
	=	5075684.52	/	(9662077.935	+	0)
	=	0.53

Ho Chi Minh City Securities (STC:HCM) 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.

Ho Chi Minh City Securities Cash-to-Debt Related Terms

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Ho Chi Minh City Securities (STC:HCM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Ho Chi Minh City Securities Corp (STC:HCM) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

6 Le Lai, Ben Thanh Ward, Level 5&6, AB Tower, 7, District 1, Ho Chi Minh, VNM

Website

http://www.hsc.com.vn

Ho Chi Minh City Securities Corporation is a Vietnam-based securities brokerage and equities firm. It offers a full suite of services and financial products to private and institutional clients. The company provides brokerage and other supporting services including securities trading, underwriting for share issues, custodian services, finance and investment advisory services, investor capital support, portfolio management, pledge of securities, organizing investment and trading seminar, and margin trading services.