China-Hongkong Photo Products Holdings (HKSE:01123) Cash-to-Debt : 4.74 (As of Sep. 2023)

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What is China-Hongkong Photo Products 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. China-Hongkong Photo Products Holdings's cash to debt ratio for the quarter that ended in Sep. 2023 was 4.74.

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, China-Hongkong Photo Products Holdings 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 China-Hongkong Photo Products Holdings's Cash-to-Debt or its related term are showing as below:

HKSE:01123' s Cash-to-Debt Range Over the Past 10 Years
Min: 2.26 Med: No Debt Max: No Debt
Current: 4.74

During the past 13 years, China-Hongkong Photo Products Holdings's highest Cash to Debt Ratio was No Debt. The lowest was 2.26. And the median was No Debt.

HKSE:01123's Cash-to-Debt is ranked better than
77.95% of 821 companies
in the Travel & Leisure industry
Industry Median: 0.6 vs HKSE:01123: 4.74

China-Hongkong Photo Products Holdings Cash-to-Debt Historical Data

The historical data trend for China-Hongkong Photo Products 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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China-Hongkong Photo Products Holdings Cash-to-Debt Chart

China-Hongkong Photo Products Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

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No Debt

2.55

4.09

3.43

4.29

China-Hongkong Photo Products 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															3.56	3.43	3.72	4.29	4.74

Competitive Comparison of China-Hongkong Photo Products Holdings's Cash-to-Debt

For the Leisure subindustry, China-Hongkong Photo Products 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.

China-Hongkong Photo Products Holdings's Cash-to-Debt Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, China-Hongkong Photo Products Holdings's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where China-Hongkong Photo Products Holdings's Cash-to-Debt falls into.

China-Hongkong Photo Products 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.

China-Hongkong Photo Products 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)
	=	235.919	/	(33.84	+	21.165)
	=	4.29

China-Hongkong Photo Products 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)
	=	233.483	/	(29.398	+	19.821)
	=	4.74

China-Hongkong Photo Products Holdings (HKSE:01123) 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.

China-Hongkong Photo Products Holdings Cash-to-Debt Related Terms

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

China-Hongkong Photo Products Holdings (HKSE:01123) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » China-Hongkong Photo Products Holdings Ltd (HKSE:01123) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

220-248 Texaco Road, 8th Floor, Tsuen Wan Industrial Centre, Tsuen Wan, Hong Kong, HKG

Website

http://www.chinahkphoto.com.hk

China-Hongkong Photo Products Holdings Ltd is an investment holding company. The company's operating segment includes Merchandise; Service; Investment and Corporate and 0thers. Its Merchandise segment is engaged in the marketing and distribution of photographic developing, processing and printing products as well as the sale of photographic merchandise, skincare products, consumer electronic products, and household appliances. It generates maximum revenue from the Merchandise segment. Geographically, it derives a majority of revenue from Hong Kong and also has a presence in the People's Republic of China.

Executives

Tricor Equity Trustee Limited	2301 Trustee
Sun Tai Lun
Sun Tao Hsi, Ryan	2305 Beneficiary of a trust

China-Hongkong Photo Products Holdings (HKSE:01123) Headlines

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