Fuse Group Holding (Fuse Group Holding) Cash-to-Debt : 0.22 (As of Mar. 2024)

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What is Fuse Group Holding 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. Fuse Group Holding's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.22.

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, Fuse Group Holding couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

FUST' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.03 Med: 0.78 Max: No Debt
Current: 0.22

During the past 9 years, Fuse Group Holding's highest Cash to Debt Ratio was No Debt. The lowest was 0.03. And the median was 0.78.

FUST's Cash-to-Debt is ranked worse than
84% of 2643 companies
in the Metals & Mining industry
Industry Median: 18.42 vs FUST: 0.22

Fuse Group Holding Cash-to-Debt Historical Data

The historical data trend for Fuse Group Holding'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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Fuse Group Holding Cash-to-Debt Chart

Fuse Group Holding Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Cash-to-Debt

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No Debt

1.04

1.20

0.06

0.14

Fuse Group Holding Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															0.05	0.03	0.14	0.31	0.22

Competitive Comparison of Fuse Group Holding's Cash-to-Debt

For the Other Industrial Metals & Mining subindustry, Fuse Group Holding'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.

Fuse Group Holding's Cash-to-Debt Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Fuse Group Holding's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Fuse Group Holding's Cash-to-Debt falls into.

Fuse Group Holding 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.

Fuse Group Holding's Cash to Debt Ratio for the fiscal year 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)
	=	0.027	/	(0.031	+	0.157)
	=	0.14

Fuse Group Holding's Cash to Debt Ratio for the quarter that ended in Mar. 2024 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)
	=	0.038	/	(0.022	+	0.151)
	=	0.22

Fuse Group Holding (OTCPK:FUST) 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.

Fuse Group Holding Cash-to-Debt Related Terms

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

Fuse Group Holding (Fuse Group Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Fuse Group Holding Inc (OTCPK:FUST) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

805 West, Duarte Road, Suite 102, Arcadia, CA, USA, 91007

Website

https://www.fuseholding.com

Fuse Group Holding Inc provides consulting services to mining industry clients to find acquisition targets within the parameters set by the clients when the mine owner is considering selling its mining rights. The services of Fuse Group include due diligence on the potential mine seller and the mine, such as ownership of the mine and whether the mine meets all operational requirements and is currently in operation. Currently, the Company also seeks business opportunities in the biotech area.

Executives

Michael J Viotto	director, officer: Chief Finanical Officer	444 E. HUNTINGTON DR., SUITE 105, ARCADIA CA 91006
Umesh Patel	director, officer: CEO, President	6565 E. WASHINGTON BLVD, C/O NOVA LIFESTYLE, INC., COMMERCE CA 90040
Landbond Home Ltd	10 percent owner	UNIT-B, 19/F HILLER COMMERCIAL BLDG, 89-91 WING LOK STREET, SHEUNG WAN K3 000000000

Fuse Group Holding (Fuse Group Holding) Headlines

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