MS Group Holdings (HKSE:01451) Cash-to-Debt : 71.47 (As of Dec. 2023)

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What is MS Group 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. MS Group Holdings's cash to debt ratio for the quarter that ended in Dec. 2023 was 71.47.

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, MS Group 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 MS Group Holdings's Cash-to-Debt or its related term are showing as below:

HKSE:01451' s Cash-to-Debt Range Over the Past 10 Years
Min: 11.63 Med: 71.47 Max: No Debt
Current: 71.47

During the past 9 years, MS Group Holdings's highest Cash to Debt Ratio was No Debt. The lowest was 11.63. And the median was 71.47.

HKSE:01451's Cash-to-Debt is ranked better than
91.56% of 379 companies
in the Packaging & Containers industry
Industry Median: 0.41 vs HKSE:01451: 71.47

MS Group Holdings Cash-to-Debt Historical Data

The historical data trend for MS Group 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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MS Group Holdings Cash-to-Debt Chart

MS Group Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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11.63

20.27

66.21

22.43

71.47

MS Group Holdings Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial											66.21	16.98	22.43	38.70	71.47

Competitive Comparison of MS Group Holdings's Cash-to-Debt

For the Packaging & Containers subindustry, MS Group 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.

MS Group Holdings's Cash-to-Debt Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, MS Group Holdings's Cash-to-Debt distribution charts can be found below:

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

MS Group 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.

MS Group 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)
	=	126.294	/	(1.767	+	0)
	=	71.47

MS Group 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)
	=	126.294	/	(1.767	+	0)
	=	71.47

MS Group Holdings (HKSE:01451) 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.

MS Group Holdings Cash-to-Debt Related Terms

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MS Group Holdings (HKSE:01451) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » MS Group Holdings Ltd (HKSE:01451) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

9 Sheung Yuet Road, Room 907, 9th Floor, Enterprise Square Tower 1, Kowloon Bay, Hong Kong, HKG

Website

http://www.mainsuccess.cn

MS Group Holdings Ltd produces and sells plastic bottles and baby feeding accessories. Its operating segments are the OEM business which comprises the production and sales of plastic bottles and cups for infants and toddlers and plastic sports bottles on an OEM basis predominately for the overseas markets; and the Yo Yo Monkey Business, which comprises the production and sales of infant and toddler products, particularly plastic bottles and cups, under the brand developed by the Group and known as Yo Yo Monkey, principally for the PRC market, and the majority of the revenue comes from the OEM business. Its revenue is mainly derived from the United States of America; also has a presence in the Netherlands, Italy, the PRC, and other countries.

MS Group Holdings (HKSE:01451) Headlines

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