Yuk Wing Group Holdings (HKSE:01536) Cash-to-Debt : 3.33 (As of Sep. 2023)

View and export this data going back to 2017. Start your Free Trial

What is Yuk Wing 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. Yuk Wing Group Holdings's cash to debt ratio for the quarter that ended in Sep. 2023 was 3.33.

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

HKSE:01536' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.76 Med: 2.73 Max: 42.41
Current: 3.33

During the past 10 years, Yuk Wing Group Holdings's highest Cash to Debt Ratio was 42.41. The lowest was 0.76. And the median was 2.73.

HKSE:01536's Cash-to-Debt is ranked better than
66.96% of 3005 companies
in the Industrial Products industry
Industry Median: 1.2 vs HKSE:01536: 3.33

Yuk Wing Group Holdings Cash-to-Debt Historical Data

The historical data trend for Yuk Wing 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.

* Premium members only.

Yuk Wing Group Holdings Cash-to-Debt Chart

Yuk Wing Group Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

Get a 7-Day Free Trial

2.93

2.79

2.52

2.73

2.24

Yuk Wing Group Holdings Semi-Annual Data
	Mar14	Mar15	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													2.56	2.73	2.16	2.24	3.33

Competitive Comparison of Yuk Wing Group Holdings's Cash-to-Debt

For the Specialty Industrial Machinery subindustry, Yuk Wing 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.

Yuk Wing Group Holdings's Cash-to-Debt Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Yuk Wing Group Holdings's Cash-to-Debt distribution charts can be found below:

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

Yuk Wing 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.

Yuk Wing Group 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)
	=	89.318	/	(30.709	+	9.193)
	=	2.24

Yuk Wing Group 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)
	=	78.105	/	(15.554	+	7.903)
	=	3.33

Yuk Wing Group Holdings (HKSE:01536) 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.

Yuk Wing Group Holdings Cash-to-Debt Related Terms

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

Yuk Wing Group Holdings (HKSE:01536) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Yuk Wing Group Holdings Ltd (HKSE:01536) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

288 Des Voeux Road Central, Unit B, 13th Floor, Eton Building, Hong Kong, HKG

Website

http://www.yukwing.com

Yuk Wing Group Holdings Ltd is an investment holding company engaged in the manufacturing and trading of down-the-hole (DTH) rockdrilling tools. The company's operating segments include Manufacturing and trading of DTH rockdrilling tools, Trading of piling and drilling machineries and Trading of rockdrilling equipment. It generates maximum revenue from the Manufacturing and trading of DTH rockdrilling tools segment. Geographically, it derives a majority of revenue from Hong Kong and also has a presence in Macau, PRC, and other Countries.

Yuk Wing Group Holdings (HKSE:01536) Headlines

No Headlines