Star Plus Legend Holdings (HKSE:06683) Cash-to-Debt : 10.82 (As of Dec. 2023)

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What is Star Plus Legend 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. Star Plus Legend Holdings's cash to debt ratio for the quarter that ended in Dec. 2023 was 10.82.

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, Star Plus Legend 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 Star Plus Legend Holdings's Cash-to-Debt or its related term are showing as below:

HKSE:06683' s Cash-to-Debt Range Over the Past 10 Years
Min: 8.71 Med: 10.82 Max: 40.56
Current: 10.82

During the past 5 years, Star Plus Legend Holdings's highest Cash to Debt Ratio was 40.56. The lowest was 8.71. And the median was 10.82.

HKSE:06683's Cash-to-Debt is ranked better than
83.73% of 1844 companies
in the Consumer Packaged Goods industry
Industry Median: 0.515 vs HKSE:06683: 10.82

Star Plus Legend Holdings Cash-to-Debt Historical Data

The historical data trend for Star Plus Legend 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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Star Plus Legend Holdings Cash-to-Debt Chart

Star Plus Legend Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

11.74

40.56

8.71

10.69

10.82

Star Plus Legend Holdings Semi-Annual Data
	Dec19	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial			8.71	N/A	10.69	5.71	10.82

Competitive Comparison of Star Plus Legend Holdings's Cash-to-Debt

For the Packaged Foods subindustry, Star Plus Legend 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.

Star Plus Legend Holdings's Cash-to-Debt Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Star Plus Legend Holdings's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Star Plus Legend Holdings's Cash-to-Debt falls into.

Star Plus Legend 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.

Star Plus Legend 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)
	=	187.841	/	(9.52	+	7.846)
	=	10.82

Star Plus Legend 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)
	=	187.841	/	(9.52	+	7.846)
	=	10.82

Star Plus Legend Holdings (HKSE:06683) 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.

Star Plus Legend Holdings Cash-to-Debt Related Terms

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Star Plus Legend Holdings (HKSE:06683) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Star Plus Legend Holdings Ltd (HKSE:06683) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

68 Jinjie Road, 2/F, Block 1, Dream Star Garden, Huaqiao Town, Kunshan, CHN

Website

https://www.splegend.com

Star Plus Legend Holdings Ltd is an investment holding company. The company and its subsidiaries are principally engaged in new retail business and IP creation and operation business in the People's Republic of China. In the new retail business, the company primarily develops and sells health management products and skincare products. In the IP creation and operation business, the company creates unique celebrity IPs by providing planning and other project management services to media content, acting as an event planning service provider and investor in large-scale concerts featuring celebrities and other events, together with designing and licensing proprietary celebrity IPs. The majority of revenue is derived from the new retail business.

Executives

Zhang Yuan	2201 Interest of corporation controlled by you
Lai Kwok Fai Franki	2101 Beneficial owner
Chen Chung	2501 Other
Ma Hsin-ting	2501 Other
Yang Chun-jung	2501 Other
Yeh Hui-mei	2501 Other
Harmony Culture Investment Limited	2101 Beneficial owner
Legend Key International Limited	2101 Beneficial owner
Max One Ltd.	2101 Beneficial owner
Loo See Yuen	2201 Interest of corporation controlled by you
Ho Chi Sing	2201 Interest of corporation controlled by you

Star Plus Legend Holdings (HKSE:06683) Headlines

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