Oriental Enterprise Holdings (HKSE:00018) Cash-to-Debt : 5.72 (As of Sep. 2023)

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What is Oriental Enterprise 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. Oriental Enterprise Holdings's cash to debt ratio for the quarter that ended in Sep. 2023 was 5.72.

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

HKSE:00018' s Cash-to-Debt Range Over the Past 10 Years
Min: 5.72 Med: 102.3 Max: 168.7
Current: 5.72

During the past 13 years, Oriental Enterprise Holdings's highest Cash to Debt Ratio was 168.70. The lowest was 5.72. And the median was 102.30.

HKSE:00018's Cash-to-Debt is ranked better than
70.4% of 1000 companies
in the Media - Diversified industry
Industry Median: 1.235 vs HKSE:00018: 5.72

Oriental Enterprise Holdings Cash-to-Debt Historical Data

The historical data trend for Oriental Enterprise 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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Oriental Enterprise Holdings Cash-to-Debt Chart

Oriental Enterprise Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

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78.32

103.92

92.02

89.83

87.85

Oriental Enterprise Holdings Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial															76.02	89.83	98.50	87.85	5.72

Competitive Comparison of Oriental Enterprise Holdings's Cash-to-Debt

For the Publishing subindustry, Oriental Enterprise 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.

Oriental Enterprise Holdings's Cash-to-Debt Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Oriental Enterprise Holdings's Cash-to-Debt distribution charts can be found below:

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

Oriental Enterprise 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.

Oriental Enterprise Holdings'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)
	=	665.196	/	(7.572	+	0)
	=	87.85

Oriental Enterprise Holdings'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)
	=	253.229	/	(44.291	+	0)
	=	5.72

Oriental Enterprise Holdings (HKSE:00018) 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.

Oriental Enterprise Holdings Cash-to-Debt Related Terms

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

Oriental Enterprise Holdings (HKSE:00018) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Oriental Enterprise Holdings Ltd (HKSE:00018) » Definitions » Cash-to-Debt

Traded in Other Exchanges

OPQ:Germany

Address

23 Dai Cheong Street, Oriental Media Centre, Tai Po Industrial Estate, Hong Kong, HKG

Website

https://oeh.on.cc

Oriental Enterprise Holdings Ltd, formerly Oriental Press Group Ltd is a Hong Kong-based company engaged in the publication of newspapers including internet subscription and advertising income. The firm operates in the reportable segments of Publication of newspapers, Money lending business and Others. The Publication of newspapers segment, which acts as a major revenue earner, includes internet subscription and relevant advertising income. The revenue of other operating segments includes rental income from investment properties, license fee income from hotel property and income from restaurant operation. It has a geographic presence in Hong Kong and Australia.

Executives

Conyers Trustee Services (bvi) Limited	2301 Trustee
Marsun Holdings Limited	2201 Interest of corporation controlled by you
Ocean Greatness Limited	2201 Interest of corporation controlled by you
Ever Holdings Limited	2101 Beneficial owner
Hung Mui Fong	2202 Interest of your spouse
Ma Ching Fat	2307 Founder of a discretionary trust who can infl

Oriental Enterprise Holdings (HKSE:00018) Headlines

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