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FingerMotion (FingerMotion) Cash-to-Debt : 55.29 (As of Nov. 2023)


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What is FingerMotion 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. FingerMotion's cash to debt ratio for the quarter that ended in Nov. 2023 was 55.29.

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, FingerMotion could pay off its debt using the cash in hand for the quarter that ended in Nov. 2023.

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

FNGR' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.03   Med: 0.45   Max: No Debt
Current: 55.29

During the past 10 years, FingerMotion's highest Cash to Debt Ratio was No Debt. The lowest was 0.03. And the median was 0.45.

FNGR's Cash-to-Debt is ranked better than
94.01% of 384 companies
in the Telecommunication Services industry
Industry Median: 0.35 vs FNGR: 55.29

FingerMotion Cash-to-Debt Historical Data

The historical data trend for FingerMotion'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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FingerMotion Cash-to-Debt Chart

FingerMotion Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.53 0.10 0.50 92.40 2.73

FingerMotion Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.09 2.73 57.11 63.17 55.29

Competitive Comparison of FingerMotion's Cash-to-Debt

For the Telecom Services subindustry, FingerMotion'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.


FingerMotion's Cash-to-Debt Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, FingerMotion's Cash-to-Debt distribution charts can be found below:

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



FingerMotion 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.

FingerMotion's Cash to Debt Ratio for the fiscal year that ended in Feb. 2023 is calculated as:

FingerMotion's Cash to Debt Ratio for the quarter that ended in Nov. 2023 is calculated as:

* 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.


FingerMotion  (NAS:FNGR) 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.


FingerMotion Cash-to-Debt Related Terms

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


FingerMotion (FingerMotion) Business Description

Traded in Other Exchanges
N/A
Address
111 Somerset Road, Level 3, Singapore, SGP, 238164
FingerMotion Inc is engaged in the provision of mobile payment and recharge services in the China market. The company business line includes Telecommunications Products and Services; Value Added Products and Services; Short Message Services ("SMS") and Multimedia Messaging Services ("MMS"); a Rich Communication Services ("RCS") platform; Big Data Insights; and a Video Games Division (inactive). It principally earns revenue by providing mobile payment and recharge services to customers of telecommunications companies in China.
Executives
Yew Poh Leong director 61 SPRINGSIDE VIEW, SINGAPORE U0 786060
Martin Chung-wen Shen officer: CEO and CFO 1322 W. KING EDWARD AVE., VANCOUVER A1 V6H 1Z9
Chee Ming Cheong 10 percent owner UNIT A 19/F TIMES MEDIA CENTRE, 133 WAN CHAI ROAD, WAN CHAI K3 --
Eng Ho Ng director 159 JALAN KAMPONG CHANTEK, SINGAPORE U0 587887
Yew Hon Lee officer: Chief Financial Officer NO 5, JALAN BRP 3/3C, SUNWAY RAHMAN PUTR, SEKSYEN U20, SHAH ALAM., SELANGOR N8 40160
Yang Yeat Choe 10 percent owner 6-9-1 V SQUARE PJ CITY CENTRE, JALAN UTARA, PETALING JAYA, SELANGOR N8 46200
Li Li officer: GM of Issuer's affiliate UNIT 103, BLOCK 5, LANE 550, FUGUAN ROAD, CHANGNING DISTRICT, SHANGHAI F4 --
Chan Michael K H director 15-07, 70 BAYSHORE ROAD, COSTA DEL SOL U0 469987
Charles Thomas Mcmillen director 1103 SOUTH CAROLINA AVENUE, WASHINGTON DC 20003
Hsien Loong Wong director, 10 percent owner, officer: CEO, CFO, and Director 6 WINDSOR PARK HILL, SINGAPORE U0 574198
Michael Thomas Brigante director, 10 percent owner, officer: CEO, President, CFO 17 DANIEL DRIVE, HILLSBOROUGH NJ 08844