Highlight Communications AG (CHIX:HLGD) Cash-to-Debt : 0.26 (As of Dec. 2022)

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What is Highlight Communications AG 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. Highlight Communications AG's cash to debt ratio for the quarter that ended in Dec. 2022 was 0.26.

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, Highlight Communications AG couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2022.

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

CHIX:HLGd' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.15 Med: 0.42 Max: 2.02
Current: 0.15

During the past 13 years, Highlight Communications AG's highest Cash to Debt Ratio was 2.02. The lowest was 0.15. And the median was 0.42.

CHIX:HLGd's Cash-to-Debt is ranked worse than
82.04% of 1030 companies
in the Media - Diversified industry
Industry Median: 1.255 vs CHIX:HLGd: 0.15

Highlight Communications AG Cash-to-Debt Historical Data

The historical data trend for Highlight Communications AG'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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Highlight Communications AG Cash-to-Debt Chart

Highlight Communications AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.26

0.34

0.21

0.26

0.15

Highlight Communications AG Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.93	0.21	0.08	0.26	0.15

Competitive Comparison of Highlight Communications AG's Cash-to-Debt

For the Entertainment subindustry, Highlight Communications AG'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.

Highlight Communications AG's Cash-to-Debt Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Highlight Communications AG's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Highlight Communications AG's Cash-to-Debt falls into.

Highlight Communications AG 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.

Highlight Communications AG'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)
	=	31.236	/	(184.71	+	30.319)
	=	0.15

Highlight Communications AG's Cash to Debt Ratio for the quarter 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)
	=	42.34	/	(130.06	+	34.083)
	=	0.26

Highlight Communications AG (CHIX:HLGd) 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.

Highlight Communications AG Cash-to-Debt Related Terms

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

Highlight Communications AG (CHIX:HLGD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Highlight Communications AG (CHIX:HLGd) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

HLG:Germany

Address

Netzibodenstrasse 23b, Pratteln, CHE, 4133

Website

https://www.highlight-communications.ch

Highlight Communications AG is a Switzerland-based financial holding company. The company is a film production and license company in German-speaking countries. Its combined operating segments include Film, Sports, and Sports-and Event-Marketing. In the Film segment, the company along with its subsidiaries is a producer and distributor of cinema, video, and TV films. In addition to owning and co-producing, it acquires the exploitation rights to third-party productions. The sports segment mainly comprises activities in the TV and digital areas with the umbrella brand SPORT1 and in the area of production, content solutions services, and content marketing with PLAZAMEDIA. In the Sports- and Event-Marketing segment, the company is engaged in the marketing of international events.

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