MS Concept (HKSE:08447) Cash-to-Debt : 1.06 (As of Sep. 2023)

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What is MS Concept 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. MS Concept's cash to debt ratio for the quarter that ended in Sep. 2023 was 1.06.

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, MS Concept could pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

The historical rank and industry rank for MS Concept's Cash-to-Debt or its related term are showing as below:

HKSE:08447' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.3 Med: 0.73 Max: 3.9
Current: 1.06

During the past 8 years, MS Concept's highest Cash to Debt Ratio was 3.90. The lowest was 0.30. And the median was 0.73.

HKSE:08447's Cash-to-Debt is ranked better than
77.19% of 342 companies
in the Restaurants industry
Industry Median: 0.42 vs HKSE:08447: 1.06

MS Concept Cash-to-Debt Historical Data

The historical data trend for MS Concept'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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MS Concept Cash-to-Debt Chart

MS Concept Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

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3.90

0.83

0.73

0.48

0.73

MS Concept 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															0.60	N/A	0.73	N/A	1.06

Competitive Comparison of MS Concept's Cash-to-Debt

For the Restaurants subindustry, MS Concept'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.

MS Concept's Cash-to-Debt Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, MS Concept's Cash-to-Debt distribution charts can be found below:

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

MS Concept 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.

MS Concept'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)
	=	44.874	/	(34.174	+	27.058)
	=	0.73

MS Concept'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)
	=	45.082	/	(26.275	+	16.086)
	=	1.06

MS Concept (HKSE:08447) 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.

MS Concept Cash-to-Debt Related Terms

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

MS Concept (HKSE:08447) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » MS Concept Ltd (HKSE:08447) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

186-191 Connaught Road West, Room 1409-10, 14th Floor, Hong Kong Plaza, Hong Kong, HKG

Website

https://www.mrsteak.com.hk

MS Concept Ltd is a restaurant group that operates Western and Japanese casual dining restaurants in Hong Kong. The company provides dining and ambiance services under different brands. The company operates restaurants under various brands namely Bistro Bloom, Bistro Bloom/Marbling, Hana, Sky Bar, and many more. The company derives revenue from restaurant operations that provide catering services.

Executives

Future More Company Limited	2101 Beneficial owner
Ip Yin King Ingrid	2201 Interest of corporation controlled by you
Kwong Ching Yee Melanie	2201 Interest of corporation controlled by you
Kwong Man Yui	2201 Interest of corporation controlled by you
Kwong Tai Wah	2201 Interest of corporation controlled by you
Kwong Tai Wing Joseph	2201 Interest of corporation controlled by you

MS Concept (HKSE:08447) Headlines

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