Fairwood Holdings (HKSE:00052) Cash-to-Debt : 0.62 (As of Sep. 2023)

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What is Fairwood 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. Fairwood Holdings's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.62.

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, Fairwood Holdings couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

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

HKSE:00052' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.35 Med: 24.34 Max: 3718.91
Current: 0.62

During the past 13 years, Fairwood Holdings's highest Cash to Debt Ratio was 3718.91. The lowest was 0.35. And the median was 24.34.

HKSE:00052's Cash-to-Debt is ranked better than
62.57% of 342 companies
in the Restaurants industry
Industry Median: 0.405 vs HKSE:00052: 0.62

Fairwood Holdings Cash-to-Debt Historical Data

The historical data trend for Fairwood 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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Fairwood Holdings Cash-to-Debt Chart

Fairwood Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

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3,718.91

0.35

0.52

0.45

0.57

Fairwood Holdings Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial															0.66	0.45	0.64	0.57	0.62

Competitive Comparison of Fairwood Holdings's Cash-to-Debt

For the Restaurants subindustry, Fairwood 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.

Fairwood Holdings's Cash-to-Debt Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Fairwood Holdings's Cash-to-Debt distribution charts can be found below:

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

Fairwood 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.

Fairwood Holdings's Cash to Debt Ratio for the fiscal year that ended in Mar. 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)
	=	646.758	/	(393.575	+	732.878)
	=	0.57

Fairwood Holdings's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	686.354	/	(402.737	+	704.364)
	=	0.62

Fairwood Holdings (HKSE:00052) 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.

Fairwood Holdings Cash-to-Debt Related Terms

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

Fairwood Holdings (HKSE:00052) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Fairwood Holdings Ltd (HKSE:00052) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

FRWDF:USA

Address

18 Tanner Road, 2nd Floor, TRP Commercial Centre, North Point, Hong Kong, HKG

Website

https://www.fairwoodholdings.com.hk

Fairwood Holdings Ltd. is an investment holding company. It is engaged in the operation of fast-food restaurants and property investments. The group manages its operations by two divisions, based on the geographic location, namely Hong Kong restaurants, and Mainland China restaurants. It derives a majority of its revenue from operating restaurants in Hong Kong. Its eateries portfolio comprises crispy fried snacks, chicken wings, chicken curry with white rice, spaghetti, salads, and desserts, among other items.

Fairwood Holdings (HKSE:00052) Headlines

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