Tse Sui Luen Jewellery (International) (HKSE:00417) Cash-to-Debt : 0.17 (As of Sep. 2023)

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What is Tse Sui Luen Jewellery (International) 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. Tse Sui Luen Jewellery (International)'s cash to debt ratio for the quarter that ended in Sep. 2023 was 0.17.

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, Tse Sui Luen Jewellery (International) 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 Tse Sui Luen Jewellery (International)'s Cash-to-Debt or its related term are showing as below:

HKSE:00417' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.14 Med: 0.37 Max: 0.69
Current: 0.17

During the past 13 years, Tse Sui Luen Jewellery (International)'s highest Cash to Debt Ratio was 0.69. The lowest was 0.14. And the median was 0.37.

HKSE:00417's Cash-to-Debt is ranked worse than
73.69% of 1106 companies
in the Retail - Cyclical industry
Industry Median: 0.46 vs HKSE:00417: 0.17

Tse Sui Luen Jewellery (International) Cash-to-Debt Historical Data

The historical data trend for Tse Sui Luen Jewellery (International)'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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Tse Sui Luen Jewellery (International) Cash-to-Debt Chart

Tse Sui Luen Jewellery (International) Annual Data

Trend

Feb13

Feb14

Feb15

Feb16

Feb17

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

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0.52

0.45

0.62

0.69

0.26

Tse Sui Luen Jewellery (International) Semi-Annual Data
	Aug13	Feb14	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial															0.67	0.69	0.47	0.26	0.17

Competitive Comparison of Tse Sui Luen Jewellery (International)'s Cash-to-Debt

For the Luxury Goods subindustry, Tse Sui Luen Jewellery (International)'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.

Tse Sui Luen Jewellery (International)'s Cash-to-Debt Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Tse Sui Luen Jewellery (International)'s Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Tse Sui Luen Jewellery (International)'s Cash-to-Debt falls into.

Tse Sui Luen Jewellery (International) 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.

Tse Sui Luen Jewellery (International)'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)
	=	348.282	/	(665.749	+	661.487)
	=	0.26

Tse Sui Luen Jewellery (International)'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)
	=	219.826	/	(702.708	+	608.385)
	=	0.17

Tse Sui Luen Jewellery (International) (HKSE:00417) 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.

Tse Sui Luen Jewellery (International) Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Tse Sui Luen Jewellery (International)'s Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Tse Sui Luen Jewellery (International) (HKSE:00417) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Tse Sui Luen Jewellery (International) Ltd (HKSE:00417) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

30 Man Yue Street, Ground Floor, Block B, Summit Building, Hunghom, Kowloon, Hong Kong, HKG

Website

https://www.tslj.com

Tse Sui Luen Jewellery (International) Ltd is an investment holding company. It is engaged in the manufacture, sale, and marketing of jewelry products as well as the provision of service. The company's operating segment includes Retail Business, Wholesale Business, E-Business, and Other Businesses. It generates maximum revenue from the Retail Business segment which includes direct retail sales of jewellery products to end consumers through the physical outlets. The group derives revenue from the customers in Hong Kong and Macau, Mainland China and other countries.

Executives

Elmas Hong Kong Limited	2301 Trustee
Prime Investments S.a.	2201 Interest of corporation controlled by you
Tse Tat Fung, Tommy	2202 Interest of your spouse
Yau On Yee, Annie	2202 Interest of your spouse
Blink Technology Limited	2201 Interest of corporation controlled by you
Partner Logistics Limited	2101 Beneficial owner
Rosy Blue Jewellery (hk) Limited	2201 Interest of corporation controlled by you
Rosy Blue Overseas Holdings Limited	2201 Interest of corporation controlled by you

Tse Sui Luen Jewellery (International) (HKSE:00417) Headlines

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