Ten Pao Group Holdings (HKSE:01979) Cash-to-Debt : 0.21 (As of Dec. 2023)

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What is Ten Pao 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. Ten Pao Group Holdings's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.21.

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, Ten Pao Group Holdings couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

HKSE:01979' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.21 Med: 0.92 Max: 1.35
Current: 0.21

During the past 10 years, Ten Pao Group Holdings's highest Cash to Debt Ratio was 1.35. The lowest was 0.21. And the median was 0.92.

HKSE:01979's Cash-to-Debt is ranked worse than
84.05% of 3003 companies
in the Industrial Products industry
Industry Median: 1.19 vs HKSE:01979: 0.21

Ten Pao Group Holdings Cash-to-Debt Historical Data

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

Ten Pao Group Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.94

1.35

0.47

0.72

0.21

Ten Pao Group Holdings Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial														0.47	0.34	0.72	0.28	0.21

Competitive Comparison of Ten Pao Group Holdings's Cash-to-Debt

For the Electrical Equipment & Parts subindustry, Ten Pao 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.

Ten Pao Group Holdings's Cash-to-Debt Distribution in the Industrial Products Industry

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

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

Ten Pao 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.

Ten Pao 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)
	=	150.476	/	(664.332	+	48.959)
	=	0.21

Ten Pao 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)
	=	150.476	/	(664.332	+	48.959)
	=	0.21

Ten Pao Group Holdings (HKSE:01979) 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.

Ten Pao Group Holdings Cash-to-Debt Related Terms

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Ten Pao Group Holdings (HKSE:01979) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ten Pao Group Holdings Ltd (HKSE:01979) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

151-153 Hoi Bun Road, Rooms 610-612, 6th Floor, Kwong Sang Hong Centre, Kwun Tong, Kowloon, Hong Kong, HKG

Website

https://www.tenpao.com

Ten Pao Group Holdings Ltd is an investment holding company. It is engaged in the sales and manufacturing of switching power supply units for consumer products and smart chargers and controllers for industrial use. The operating segments of the company are telecommunication, media and entertainment, electrical home appliances, lighting, smart chargers and controllers, and others. Some of its products are USB chargers, wireless chargers, adapters, open frame power supply, led drivers, smart charger and controllers, and power saver. Geographically, the group has a business presence in the PRC, Europe, Asia, the U.S., Africa and Other regions, of which prime revenue is derived from the PRC.

Ten Pao Group Holdings (HKSE:01979) Headlines

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