Top Form International (HKSE:00333) Cash-to-Debt : 0.66 (As of Dec. 2023)

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What is Top Form International 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. Top Form International's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.66.

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, Top Form International couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

HKSE:00333' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.63 Med: 128.42 Max: No Debt
Current: 0.66

During the past 13 years, Top Form International's highest Cash to Debt Ratio was No Debt. The lowest was 0.63. And the median was 128.42.

HKSE:00333's Cash-to-Debt is ranked better than
56.96% of 1027 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.49 vs HKSE:00333: 0.66

Top Form International Cash-to-Debt Historical Data

The historical data trend for Top Form International'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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Top Form International Cash-to-Debt Chart

Top Form International Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

Get a 7-Day Free Trial

2.36

0.92

0.78

0.96

0.73

Top Form International Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.73	0.96	0.92	0.73	0.66

Competitive Comparison of Top Form International's Cash-to-Debt

For the Apparel Manufacturing subindustry, Top Form International'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.

Top Form International's Cash-to-Debt Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Top Form International's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Top Form International's Cash-to-Debt falls into.

Top Form International 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.

Top Form International's Cash to Debt Ratio for the fiscal year 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)
	=	112.13	/	(134.662	+	18.294)
	=	0.73

Top Form International'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)
	=	98.733	/	(133.587	+	16.517)
	=	0.66

Top Form International (HKSE:00333) 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.

Top Form International Cash-to-Debt Related Terms

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

Top Form International (HKSE:00333) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Top Form International Ltd (HKSE:00333) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

33 Tseuk Luk Street, 7th Floor, Port 33, San Po Kong, Kowloon, Hong Kong, HKG

Website

https://www.topform.group

Top Form International Ltd is an investment holding company. The company designs, manufacture, and distributes ladies intimate apparel, principally brassieres. Geographically, it derives a majority of revenue from the United States of America and also has a presence in Belgium; Netherlands; Spain; France; Sri Lanka; Canada; People's Republic of China; Germany; Italy; Mexico; and other countries.

Executives

High Union Holdings Inc.	2401 A concert party to an agreement to buy shares
Triple Gains Ventures Limited	2401 A concert party to an agreement to buy shares
Chan He Lin	2401 A concert party to an agreement to buy shares
Wong Chung Chong	2401 A concert party to an agreement to buy shares
Wong Kai Chi Kenneth	2101 Beneficial owner
Wong Kai Chung Kevin	2101 Beneficial owner
Van De Velde Herman	2201 Interest of corporation controlled by you
Van De Velde N.v.	2101 Beneficial owner
Van De Velde Holding N.v.	2201 Interest of corporation controlled by you
Webb David Michael	2101 Beneficial owner
Triple United Investments Limited
Union World Holdings Limited

Top Form International (HKSE:00333) Headlines

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