China Brilliant Global (HKSE:08026) Cash-to-Debt : 0.11 (As of Sep. 2023)

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What is China Brilliant Global 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. China Brilliant Global's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.11.

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, China Brilliant Global 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 China Brilliant Global's Cash-to-Debt or its related term are showing as below:

HKSE:08026' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.11 Med: 7.29 Max: No Debt
Current: 0.11

During the past 13 years, China Brilliant Global's highest Cash to Debt Ratio was No Debt. The lowest was 0.11. And the median was 7.29.

HKSE:08026's Cash-to-Debt is ranked worse than
81.48% of 1107 companies
in the Retail - Cyclical industry
Industry Median: 0.46 vs HKSE:08026: 0.11

China Brilliant Global Cash-to-Debt Historical Data

The historical data trend for China Brilliant Global'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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China Brilliant Global Cash-to-Debt Chart

China Brilliant Global Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

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9.23

9.47

1.46

1.17

0.76

China Brilliant Global Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial															1.42	N/A	0.76	N/A	0.11

Competitive Comparison of China Brilliant Global's Cash-to-Debt

For the Luxury Goods subindustry, China Brilliant Global'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.

China Brilliant Global's Cash-to-Debt Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, China Brilliant Global's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where China Brilliant Global's Cash-to-Debt falls into.

China Brilliant Global 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.

China Brilliant Global'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)
	=	45.089	/	(1.032	+	58.214)
	=	0.76

China Brilliant Global'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)
	=	8.541	/	(20.191	+	58.149)
	=	0.11

China Brilliant Global (HKSE:08026) 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.

China Brilliant Global Cash-to-Debt Related Terms

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China Brilliant Global (HKSE:08026) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » China Brilliant Global Ltd (HKSE:08026) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

9 Des Voeux Road West, Flat B, 9th Floor, Sheung Wan, Hong Kong, HKG

Website

https://www.cbg.com.hk

China Brilliant Global Ltd engages in wholesale and retailing of jewellery, money lending and distribution and retailing of Chinese herbal medicine and drugs. The company operates its business through three segments are Trading and retailing of gold and jewellery segment; Lending business, and the Fintech business segment. The Trading and retailing of gold and jewellery contribute maximum in the revenue of the company. The group's operations are mainly located in the PRC and Hong Kong, of which prime revenue is generated from the PRC.

China Brilliant Global (HKSE:08026) Headlines

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