Huanxi Media Group (HKSE:01003) Cash-to-Debt : 17.36 (As of Dec. 2023)

View and export this data going back to 1994. Start your Free Trial

What is Huanxi Media 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. Huanxi Media Group's cash to debt ratio for the quarter that ended in Dec. 2023 was 17.36.

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, Huanxi Media Group could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

HKSE:01003' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.39 Med: 2.47 Max: No Debt
Current: 17.36

During the past 13 years, Huanxi Media Group's highest Cash to Debt Ratio was No Debt. The lowest was 0.39. And the median was 2.47.

HKSE:01003's Cash-to-Debt is ranked better than
79.42% of 1001 companies
in the Media - Diversified industry
Industry Median: 1.25 vs HKSE:01003: 17.36

Huanxi Media Group Cash-to-Debt Historical Data

The historical data trend for Huanxi Media 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.

* Premium members only.

Huanxi Media Group Cash-to-Debt Chart

Huanxi Media Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

2.95

1.99

0.97

0.39

17.36

Huanxi Media Group 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															0.97	1.27	0.39	1.80	17.36

Competitive Comparison of Huanxi Media Group's Cash-to-Debt

For the Entertainment subindustry, Huanxi Media 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.

Huanxi Media Group's Cash-to-Debt Distribution in the Media - Diversified Industry

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

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

Huanxi Media 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.

Huanxi Media Group'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)
	=	310.146	/	(14.319	+	3.549)
	=	17.36

Huanxi Media Group'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)
	=	310.146	/	(14.319	+	3.549)
	=	17.36

Huanxi Media Group (HKSE:01003) 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.

Huanxi Media Group Cash-to-Debt Related Terms

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

Huanxi Media Group (HKSE:01003) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Huanxi Media Group Ltd (HKSE:01003) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

16 Harcourt Road, 11th Floor, Far East Finance Centre, Admiralty, Hong Kong, HKG

Website

https://www.huanximedia.com

Huanxi Media Group Ltd is a media company in China focused on the investment and production of films, drama series, and the operation of a subscription-based online video platform. The company is an investment holding and film investment company. Its subsidiaries are principally engaged in media and entertainment related businesses. Its one reportable segment is the investment in film and TV programmes rights. The current operations of the company are located in the PRC and Hong Kong.

Executives

Fmr Llc	2201 Interest of corporation controlled by you
Newwood Investments Limited	2401 A concert party to an agreement to buy shares
Pacific Wits Limited	2401 A concert party to an agreement to buy shares
Tairong Holdings Limited	2401 A concert party to an agreement to buy shares
Dong Ping	2101 Beneficial owner
Ning Hao	2401 A concert party to an agreement to buy shares
Xu Zheng	2401 A concert party to an agreement to buy shares
Maoyan Entertainment	2101 Beneficial owner
Bilibili Inc.	2101 Beneficial owner

Huanxi Media Group (HKSE:01003) Headlines

No Headlines