CA Cultural Technology Group (HKSE:01566) Cash-to-Debt : 0.03 (As of Sep. 2023)

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What is CA Cultural Technology Group 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. CA Cultural Technology Group's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.03.

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, CA Cultural Technology Group 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 CA Cultural Technology Group's Cash-to-Debt or its related term are showing as below:

HKSE:01566' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.03 Med: 0.1 Max: No Debt
Current: 0.03

During the past 10 years, CA Cultural Technology Group's highest Cash to Debt Ratio was No Debt. The lowest was 0.03. And the median was 0.10.

HKSE:01566's Cash-to-Debt is ranked worse than
94.5% of 1018 companies
in the Media - Diversified industry
Industry Median: 1.25 vs HKSE:01566: 0.03

CA Cultural Technology Group Cash-to-Debt Historical Data

The historical data trend for CA Cultural Technology Group'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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CA Cultural Technology Group Cash-to-Debt Chart

CA Cultural Technology Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

Get a 7-Day Free Trial

0.10

0.08

0.03

CA Cultural Technology Group 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															0.03	0.03	0.04	0.03	0.03

Competitive Comparison of CA Cultural Technology Group's Cash-to-Debt

For the Entertainment subindustry, CA Cultural Technology Group'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.

CA Cultural Technology Group's Cash-to-Debt Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, CA Cultural Technology Group's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where CA Cultural Technology Group's Cash-to-Debt falls into.

CA Cultural Technology Group 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.

CA Cultural Technology Group'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)
	=	37.019	/	(888.431	+	211.855)
	=	0.03

CA Cultural Technology Group'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)
	=	26.623	/	(897.843	+	160.529)
	=	0.03

CA Cultural Technology Group (HKSE:01566) 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.

CA Cultural Technology Group Cash-to-Debt Related Terms

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

CA Cultural Technology Group (HKSE:01566) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » CA Cultural Technology Group Ltd (HKSE:01566) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 26 Harbour Road, Suites 2905, 29th Floor, China Resources Building, Wan Chai, Hong Kong, HKG

Website

https://www.animatechina.com

CA Cultural Technology Group Ltd is an investment holding company. The Company and its subsidiaries are engaged in the sales of animation derivative products, establishment and operation of indoor theme parks and multimedia animation entertainment in the PRC, Hong Kong and Japan. The company's reportable segment includes Sales of animation derivative products; Establishment and operation of indoor theme park CA SEGA JOYPOLIS brand; and Multimedia animation entertainment. It generates maximum revenue from the Establishment and operation of indoor theme parks segment.

Executives

Bright Rise Enterprises Limited	2101 Beneficial owner
Ikeda Shinichiro	2501 Other
Lee Sui Fong Fiona	2501 Other
Chong Heung Chung Jason	2201 Interest of corporation controlled by you
Bonville Glory Limited	2501 Other
Fortress Strength Limited	2501 Other
Dragon Year Group Limited	2501 Other
Ting Ka Fai Jeffrey	2501 Other
Newgate (ptc) Limited	2301 Trustee
East Jumbo Development Limited	2501 Other
Or Den Fung Bonnie	2501 Other
Fun Legend Limited	2101 Beneficial owner
Wang Xiu Hua	2101 Beneficial owner
Bloom Fort Limited	2101 Beneficial owner
Lo Yuk Yee	2201 Interest of corporation controlled by you

CA Cultural Technology Group (HKSE:01566) Headlines

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