Vobile Group (HKSE:03738) Cash-to-Debt : 0.35 (As of Dec. 2023)

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What is Vobile 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. Vobile Group's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.35.

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

HKSE:03738' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.1 Med: 37.32 Max: No Debt
Current: 0.35

During the past 10 years, Vobile Group's highest Cash to Debt Ratio was No Debt. The lowest was 0.10. And the median was 37.32.

HKSE:03738's Cash-to-Debt is ranked worse than
79.96% of 2799 companies
in the Software industry
Industry Median: 2.47 vs HKSE:03738: 0.35

Vobile Group Cash-to-Debt Historical Data

The historical data trend for Vobile 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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Vobile Group Cash-to-Debt Chart

Vobile Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.10

1.01

20.48

0.20

0.35

Vobile Group Semi-Annual Data
	Dec14	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													20.48	0.44	0.20	0.44	0.35

Competitive Comparison of Vobile Group's Cash-to-Debt

For the Software - Application subindustry, Vobile 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.

Vobile Group's Cash-to-Debt Distribution in the Software Industry

For the Software industry and Technology sector, Vobile Group's Cash-to-Debt distribution charts can be found below:

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

Vobile 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.

Vobile Group'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)
	=	240.043	/	(144.381	+	552.094)
	=	0.34

Vobile Group'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)
	=	240.043	/	(144.381	+	552.094)
	=	0.34

Vobile Group (HKSE:03738) 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.

Vobile Group Cash-to-Debt Related Terms

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Vobile Group (HKSE:03738) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Vobile Group Ltd (HKSE:03738) » Definitions » Cash-to-Debt

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VOBIF:USA

Address

1 Matheson Street, Suite 3712, 37th Floor, Tower 2, Times Square, Causeway Bay, Hong Kong, HKG

Website

https://www.vobilegroup.com

Vobile Group Ltd is a Saas provider of the technology service of digital content protection and monetization. It builds the essential technology infrastructure to support the distribution of global digital content assets. The company's products are VideoTracker, ReClaim, TV Ad Tracking, Online TVOD PPT, MediaWise, and Transaction-based SaaS business that includes content monetization platforms to enable revenue-sharing for conventional home video distribution through its conventional PPT platform.

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