Kingmaker Footwear Holdings (HKSE:01170) Cash-to-Debt : 209.56 (As of Sep. 2023)

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What is Kingmaker Footwear 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. Kingmaker Footwear Holdings's cash to debt ratio for the quarter that ended in Sep. 2023 was 209.56.

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

HKSE:01170' s Cash-to-Debt Range Over the Past 10 Years
Min: 16.16 Med: 5384.45 Max: No Debt
Current: 209.56

During the past 13 years, Kingmaker Footwear Holdings's highest Cash to Debt Ratio was No Debt. The lowest was 16.16. And the median was 5384.45.

HKSE:01170's Cash-to-Debt is ranked better than
93.52% of 1034 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.475 vs HKSE:01170: 209.56

Kingmaker Footwear Holdings Cash-to-Debt Historical Data

The historical data trend for Kingmaker Footwear 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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Kingmaker Footwear Holdings Cash-to-Debt Chart

Kingmaker Footwear Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

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No Debt

336.32

406.31

16.16

150.79

Kingmaker Footwear 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															768.90	16.16	18.10	150.79	209.56

Competitive Comparison of Kingmaker Footwear Holdings's Cash-to-Debt

For the Footwear & Accessories subindustry, Kingmaker Footwear 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.

Kingmaker Footwear Holdings's Cash-to-Debt Distribution in the Manufacturing - Apparel & Accessories Industry

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

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

Kingmaker Footwear 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.

Kingmaker Footwear 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)
	=	392.648	/	(1.011	+	1.593)
	=	150.79

Kingmaker Footwear 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)
	=	430.217	/	(1.006	+	1.047)
	=	209.56

Kingmaker Footwear Holdings (HKSE:01170) 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.

Kingmaker Footwear Holdings Cash-to-Debt Related Terms

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

Kingmaker Footwear Holdings (HKSE:01170) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Kingmaker Footwear Holdings Ltd (HKSE:01170) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

KMSWF:USA

Address

17-19 Chatham Road South, 17th Floor, Empress Plaza, Tsimshatsui, Kowloon, Hong Kong, HKG

Website

http://www.kingmaker-footwear.com

Kingmaker Footwear Holdings Ltd is a Hong Kong-based company involved in the footwear business. The company focuses on the production of athletic, lifestyle shoes, rugged footwear, and children's shoes. The firm has two operating segments, Manufacturing and sale of footwear products; and Property Investment. It derives a majority of its revenue from the Manufacturing and sale of footwear products. Geographically, the group has a business presence in the United States Asia, Europe, and Other countries, the firm generates the majority of its revenue from the United States.

Kingmaker Footwear Holdings (HKSE:01170) Headlines

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