Computime Group (HKSE:00320) Cash-to-Debt : 0.62 (As of Sep. 2023)

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What is Computime Group 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. Computime Group's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.62.

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, Computime Group couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

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

HKSE:00320' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.62 Med: 2.03 Max: 3.64
Current: 0.62

During the past 13 years, Computime Group's highest Cash to Debt Ratio was 3.64. The lowest was 0.62. And the median was 2.03.

HKSE:00320's Cash-to-Debt is ranked worse than
67.94% of 2374 companies
in the Hardware industry
Industry Median: 1.34 vs HKSE:00320: 0.62

Computime Group Cash-to-Debt Historical Data

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

Computime Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

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2.08

1.86

3.64

0.79

0.73

Computime Group 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															2.13	0.79	0.84	0.73	0.62

Competitive Comparison of Computime Group's Cash-to-Debt

For the Consumer Electronics subindustry, Computime Group'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.

Computime Group's Cash-to-Debt Distribution in the Hardware Industry

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

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

Computime Group 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.

Computime Group'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)
	=	253.733	/	(271.635	+	78.098)
	=	0.73

Computime Group'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)
	=	184.802	/	(256.648	+	40.005)
	=	0.62

Computime Group (HKSE:00320) 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.

Computime Group Cash-to-Debt Related Terms

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

Computime Group (HKSE:00320) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Computime Group Ltd (HKSE:00320) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

20 Science Park East Avenue, 6th Floor, Building 20E, Phase 3, Hong Kong Science Park, Shatin, New Territories, Hong Kong, HKG

Website

https://www.computime.com

Computime Group Ltd is engaged in research and development, design, manufacture, trading, and distribution of electronic control products. The company operates in business segments that include the Control Solutions Business provides design, engineering, technology, and manufacturing services, including Original Equipment Manufacturer (OEM) and Original Design Manufacturer; and the Branded Business segment, which offers smart home, energy management, and home solutions to professional installers, property developers, utility companies, and wholesaler. The company generates a vast majority of its revenue from the Control solutions segment. Geographically, the operations are spread throughout America, Europe, Oceania, and Asia.

Executives

Heung Lap Chi Eugene	2101 Beneficial owner
Leung Yee Li Lana	2202 Interest of your spouse
Yeoman 3-rights Value Asia Fund Vcc	2101 Beneficial owner
Lim Mee Hwa	2201 Interest of corporation controlled by you
Yeo Seng Chong	2201 Interest of corporation controlled by you
Yeoman Capital Management Pte Ltd	2201 Interest of corporation controlled by you
Auyang Ho
Tse Shuk Ming

Computime Group (HKSE:00320) Headlines

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