World Super Holdings (HKSE:08612) Cash-to-Debt : 1.91 (As of Dec. 2023)

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What is World Super 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. World Super Holdings's cash to debt ratio for the quarter that ended in Dec. 2023 was 1.91.

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, World Super 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 World Super Holdings's Cash-to-Debt or its related term are showing as below:

HKSE:08612' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.23 Max: 1.91
Current: 1.91

During the past 8 years, World Super Holdings's highest Cash to Debt Ratio was 1.91. The lowest was 0.00. And the median was 0.23.

HKSE:08612's Cash-to-Debt is ranked better than
59.94% of 1061 companies
in the Business Services industry
Industry Median: 1.01 vs HKSE:08612: 1.91

World Super Holdings Cash-to-Debt Historical Data

The historical data trend for World Super 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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World Super Holdings Cash-to-Debt Chart

World Super Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.88

0.06

0.41

0.47

1.91

World Super Holdings 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															0.47	N/A	0.52	N/A	1.91

Competitive Comparison of World Super Holdings's Cash-to-Debt

For the Rental & Leasing Services subindustry, World Super 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.

World Super Holdings's Cash-to-Debt Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, World Super Holdings's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where World Super Holdings's Cash-to-Debt falls into.

World Super 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.

World Super 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)
	=	11.117	/	(5.375	+	0.437)
	=	1.91

World Super 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)
	=	11.117	/	(5.375	+	0.437)
	=	1.91

World Super Holdings (HKSE:08612) 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.

World Super Holdings Cash-to-Debt Related Terms

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

World Super Holdings (HKSE:08612) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » World Super Holdings Ltd (HKSE:08612) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

183 Electric Road, Unit 3403, 34th Floor, AIA Tower, North Point, Hong Kong, HKG

Website

http://www.worldsuperhk.com

World Super Holdings Ltd is an investment holding company mainly engaged in plant hire services. The Company operates its business through different segments. The Plant Hire segment mainly engages in the provision of rental services of crawler cranes, oscillators, reverse circulation drills (RCDs), and hydro mill trench cutters for construction projects. The Trading of Machinery, Tool, and Part segment mainly engages in the trading of new or used crawler cranes, RCDs, trench cutters, oscillators, and related spare parts. The Transportation and Other Service segment mainly engages in the provision of transportation services in delivering the machinery to and from customers' designated sites and other services.

World Super Holdings (HKSE:08612) Headlines

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