FY Financial (Shenzhen) Co (HKSE:08452) Cash-to-Debt : 5.53 (As of Dec. 2023)

View and export this data going back to 2017. Start your Free Trial

What is FY Financial (Shenzhen) Co 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. FY Financial (Shenzhen) Co's cash to debt ratio for the quarter that ended in Dec. 2023 was 5.53.

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, FY Financial (Shenzhen) Co 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 FY Financial (Shenzhen) Co's Cash-to-Debt or its related term are showing as below:

HKSE:08452' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.04 Med: 0.21 Max: 145.32
Current: 5.53

During the past 10 years, FY Financial (Shenzhen) Co's highest Cash to Debt Ratio was 145.32. The lowest was 0.04. And the median was 0.21.

HKSE:08452's Cash-to-Debt is ranked better than
78.97% of 504 companies
in the Credit Services industry
Industry Median: 0.23 vs HKSE:08452: 5.53

FY Financial (Shenzhen) Co Cash-to-Debt Historical Data

The historical data trend for FY Financial (Shenzhen) Co'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.

* Premium members only.

FY Financial (Shenzhen) Co Cash-to-Debt Chart

FY Financial (Shenzhen) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.04

0.44

145.32

20.85

5.53

FY Financial (Shenzhen) Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															20.85	N/A	12.16	N/A	5.53

Competitive Comparison of FY Financial (Shenzhen) Co's Cash-to-Debt

For the Credit Services subindustry, FY Financial (Shenzhen) Co'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.

FY Financial (Shenzhen) Co's Cash-to-Debt Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, FY Financial (Shenzhen) Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where FY Financial (Shenzhen) Co's Cash-to-Debt falls into.

FY Financial (Shenzhen) Co 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.

FY Financial (Shenzhen) Co'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)
	=	68.102	/	(8.171	+	4.139)
	=	5.53

FY Financial (Shenzhen) Co'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)
	=	68.102	/	(8.171	+	4.139)
	=	5.53

FY Financial (Shenzhen) Co (HKSE:08452) 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.

FY Financial (Shenzhen) Co Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of FY Financial (Shenzhen) Co's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

FY Financial (Shenzhen) Co (HKSE:08452) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » FY Financial (Shenzhen) Co Ltd (HKSE:08452) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 128 Xinzhou 11th Street, Room 1603, Cheung Kei Building, Futian District, Guangdong, Shenzhen, CHN

Website

http://www.fyleasing.com

FY Financial (Shenzhen) Co Ltd is a financial services company. It focuses on providing financial leasing, provision of factoring and advisory services and customer referral services, and the supply of medical equipment in the People's Republic of China region. The group's segment includes Financial and advisory business and Trading operation business. It derives majority of its revenues from a Financial and advisory business.

Executives

A Plus Capital Management Limited	2102 Investment manager
Tiger Capital Fund Spc - Tiger Global Sp	2101 Beneficial owner
Kkc Capital Limited	2102 Investment manager
Kkc Capital Spc - Kkc Capital High Growth Fund Segregated Portfolio	2101 Beneficial owner

FY Financial (Shenzhen) Co (HKSE:08452) Headlines

No Headlines