YGM Trading (HKSE:00375) Cash-to-Debt : 1.54 (As of Sep. 2023)

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What is YGM Trading 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. YGM Trading's cash to debt ratio for the quarter that ended in Sep. 2023 was 1.54.

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, YGM Trading could pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

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

HKSE:00375' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.52 Med: 3.13 Max: 50.2
Current: 1.54

During the past 13 years, YGM Trading's highest Cash to Debt Ratio was 50.20. The lowest was 1.52. And the median was 3.13.

HKSE:00375's Cash-to-Debt is ranked better than
72.36% of 1107 companies
in the Retail - Cyclical industry
Industry Median: 0.46 vs HKSE:00375: 1.54

YGM Trading Cash-to-Debt Historical Data

The historical data trend for YGM Trading'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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YGM Trading Cash-to-Debt Chart

YGM Trading Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

Get a 7-Day Free Trial

50.20

1.52

1.92

2.38

2.04

YGM Trading 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															2.26	2.38	1.94	2.04	1.54

Competitive Comparison of YGM Trading's Cash-to-Debt

For the Apparel Retail subindustry, YGM Trading'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.

YGM Trading's Cash-to-Debt Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, YGM Trading's Cash-to-Debt distribution charts can be found below:

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

YGM Trading 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.

YGM Trading'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)
	=	128.73	/	(25.928	+	37.133)
	=	2.04

YGM Trading'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)
	=	119.097	/	(32.651	+	44.781)
	=	1.54

YGM Trading (HKSE:00375) 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.

YGM Trading Cash-to-Debt Related Terms

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

YGM Trading (HKSE:00375) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » YGM Trading Ltd (HKSE:00375) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

22 Tai Yau Street, San Po Kong, Kowloon, Hong Kong, HKG

Website

https://www.ygmtrading.com

YGM Trading Ltd is an investment holding and provision of management service company. The company's operating segments include Sales of garments; Licensing of trademarks; Printing and related services and Property rental. The sales of garments segment of the company is involved in the wholesale and retail of garments; the Printing and related services segment is engaged in the provision of security printing and sale of printed products; Licensing of trademarks segment is engaged in the management and licensing of trademarks for royalty income, and Property rental: leasing of properties to generate rental income. The company generates maximum revenue from the Sales of the garments segment. Geographically, it derives a majority of its revenue from Hong Kong.

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