Bossini International Holdings (HKSE:00592) Cash-to-Debt : 1.16 (As of Dec. 2023)

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What is Bossini International 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. Bossini International Holdings's cash to debt ratio for the quarter that ended in Dec. 2023 was 1.16.

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, Bossini International Holdings could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

HKSE:00592' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.43 Med: 5006.55 Max: No Debt
Current: 1.16

During the past 13 years, Bossini International Holdings's highest Cash to Debt Ratio was No Debt. The lowest was 0.43. And the median was 5006.55.

HKSE:00592's Cash-to-Debt is ranked better than
67.75% of 1107 companies
in the Retail - Cyclical industry
Industry Median: 0.46 vs HKSE:00592: 1.16

Bossini International Holdings Cash-to-Debt Historical Data

The historical data trend for Bossini International 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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Bossini International Holdings Cash-to-Debt Chart

Bossini International Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Dec22

Dec23

Cash-to-Debt

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13.10

0.51

2.08

0.43

1.16

Bossini International Holdings Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															2.08	0.98	0.43	1.25	1.16

Competitive Comparison of Bossini International Holdings's Cash-to-Debt

For the Apparel Retail subindustry, Bossini International 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.

Bossini International Holdings's Cash-to-Debt Distribution in the Retail - Cyclical Industry

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

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

Bossini International 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.

Bossini International Holdings'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)
	=	184.666	/	(86.999	+	71.814)
	=	1.16

Bossini International Holdings's Cash to Debt Ratio for the quarter 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)
	=	184.666	/	(86.999	+	71.814)
	=	1.16

Bossini International Holdings (HKSE:00592) 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.

Bossini International Holdings Cash-to-Debt Related Terms

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Bossini International Holdings (HKSE:00592) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Bossini International Holdings Ltd (HKSE:00592) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

9 Tong Yin Street, 2nd Floor, PopOffice, Tseung Kwan O, Kowloon, Hong Kong, HKG

Website

https://www.bossini.com

Bossini International Holdings Ltd is an investment holding company. It is engaged in the retailing, distribution, and wholesaling of garments. The company's geographical segment includes Hong Kong and Macau; Mainland China and Singapore. It generates maximum revenue from the Hong Kong and Macau segment. The company offers casual wear apparel products including men's, ladies and kid's wear.

Bossini International Holdings (HKSE:00592) Headlines

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