MicroCloud Hologram (MicroCloud Hologram) Cash-to-Debt : 40.15 (As of Jun. 2023)

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What is MicroCloud Hologram 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. MicroCloud Hologram's cash to debt ratio for the quarter that ended in Jun. 2023 was 40.15.

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, MicroCloud Hologram could pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

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

HOLO' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.9 Med: 32.99 Max: No Debt
Current: 20.92

During the past 5 years, MicroCloud Hologram's highest Cash to Debt Ratio was No Debt. The lowest was 0.90. And the median was 32.99.

HOLO's Cash-to-Debt is ranked better than
84.01% of 2471 companies
in the Hardware industry
Industry Median: 1.35 vs HOLO: 20.92

MicroCloud Hologram Cash-to-Debt Historical Data

The historical data trend for MicroCloud Hologram'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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MicroCloud Hologram Cash-to-Debt Chart

MicroCloud Hologram Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

No Debt

0.90

No Debt

32.99

20.92

MicroCloud Hologram Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial										33.78	32.99	36.98	40.15	20.92

Competitive Comparison of MicroCloud Hologram's Cash-to-Debt

For the Electronic Components subindustry, MicroCloud Hologram'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.

MicroCloud Hologram's Cash-to-Debt Distribution in the Hardware Industry

For the Hardware industry and Technology sector, MicroCloud Hologram's Cash-to-Debt distribution charts can be found below:

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

MicroCloud Hologram 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.

MicroCloud Hologram'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)
	=	17.652	/	(0.556	+	0.288)
	=	20.91

MicroCloud Hologram's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	19.029	/	(0.214	+	0.26)
	=	40.15

MicroCloud Hologram (NAS:HOLO) 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.

MicroCloud Hologram Cash-to-Debt Related Terms

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

MicroCloud Hologram (MicroCloud Hologram) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » MicroCloud Hologram Inc (NAS:HOLO) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Yuexing Sixth Road, Zhongkenaneng Building, Room 302, Building A, Nanshan District, Shenzhen, CHN, 518000

Website

MicroCloud Hologram Inc, through its subsidiaries, is mainly engaged in holographic Technology. It includes Holographic solutions, Holographic technology services. The company also provides holographic digital twin technology services for customers and has built a holographic digital twin technology resource library.

Executives

Belief Bi	director	ROOM 302, BUILDING A, ZHONGKENANENG ,, YUEXING SIXTH ROAD, NANSHAN DISTRICT,, SHENZHEN F4 518063
Maggie Wang	director	ROOM 302, BUILDING A, ZHONGKENANENG ,, YUEXING SIXTH ROAD, NANSHAN DISTRICT,, SHENZHEN F4 518063
Guohui Kang	director, officer: CEO	ROOM 302, BUILDING A ZHONGKENANENG, YUEXING SIXTH ROAD, SHENZHEN NANSHAN DISTRICT F4 518063
Wei Peng	director, 10 percent owner	ROOM 302, BUILDING A ZHONGKENANENG, YUEXING SIXTH ROAD, SHENZHEN NANSHAN DISTRICT F4 518063
Tiger Initiative Investment Ltd	10 percent owner	SERTUS CHAMBERS, P.O. BOX 905, QUASTISKY BUILDING, ROAD TOWN, TORTOLA D8 VG1110
Bei Zhen	officer: CFO	GOVERNORS SQUARE, SUITE #5-204, ,23 LIME TREE BAY AVENUE, P.O. BOX 2547, GRAND CAYMAN E9 KY1-1104
Mi Zhou	director	GOVERNORS SQUARE, SUITE #5-204, 23 LIME TREE BAY AVENUE, P.O. BOX 2547, GRAND CAYMAN E9 KY1-1104
Best Road Holdings Ltd	10 percent owner	SERTUS CHAMBERS, P.O. BOX 905, QUASTISKY BUILDING, ROAD TOWN, TORTOLA D8 VG1110
Han Qin	director	GOVERNORS SQUARE, SUITE #5-204, 23 LIME TREE BAY AVENUE, P.O. BOX 2547, GRAND CAYMAN E9 KY1-1104
Jianbo Zhou	officer: CTO	ROOM 302, BUILDING A ZHONGKENANENG, YUEXING SIXTH ROAD, SHENZHEN NANSHAN DISTRICT F4 518063
Guolong Qi	officer: COO	ROOM 302, BUILDING A ZHONGKENANENG, YUEXING SIXTH ROAD, SHENZHEN NANSHAN DISTRICT F4 518063
Greenland Asset Management Corp	10 percent owner	WEST WING, YONGDA INTERNATIONAL TOWER, NO. 2277 LONGYANG ROAD, PUDONG SHANGHAI F4 100006
Xu Zhang	director	100 PARK AVENUE, NEW YORK NY 10017
Hai Lin	director	100 PARK AVENUE, NEW YORK NY 10017
Shaosen Cheng	director, officer: Chief Executive Officer	100 PARK AVENUE, NEW YORK NY 10017