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Hang Pin Living Technology Co (HKSE:01682) Cash-to-Debt : No Debt (1) (As of Sep. 2023)


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What is Hang Pin Living Technology Co 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. Hang Pin Living Technology Co's cash to debt ratio for the quarter that ended in Sep. 2023 was No Debt (1).

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, Hang Pin Living Technology Co could pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

(1) 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.

The historical rank and industry rank for Hang Pin Living Technology Co's Cash-to-Debt or its related term are showing as below:

HKSE:01682' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.42   Med: 5654.47   Max: No Debt
Current: No Debt

During the past 13 years, Hang Pin Living Technology Co's highest Cash to Debt Ratio was No Debt. The lowest was 0.42. And the median was 5654.47.

HKSE:01682's Cash-to-Debt is ranked better than
99.9% of 1023 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.48 vs HKSE:01682: No Debt

Hang Pin Living Technology Co Cash-to-Debt Historical Data

The historical data trend for Hang Pin Living Technology Co'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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Hang Pin Living Technology Co Cash-to-Debt Chart

Hang Pin Living Technology Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.15 31.08 345.52 No Debt No Debt

Hang Pin Living Technology Co 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,308.93 No Debt No Debt No Debt No Debt

Competitive Comparison of Hang Pin Living Technology Co's Cash-to-Debt

For the Apparel Manufacturing subindustry, Hang Pin Living Technology Co'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.


Hang Pin Living Technology Co's Cash-to-Debt Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Hang Pin Living Technology Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Hang Pin Living Technology Co's Cash-to-Debt falls into.



Hang Pin Living Technology Co 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.

Hang Pin Living Technology Co's Cash to Debt Ratio for the fiscal year that ended in Mar. 2023 is calculated as:

Hang Pin Living Technology Co had no debt (1).

Hang Pin Living Technology Co's Cash to Debt Ratio for the quarter that ended in Sep. 2023 is calculated as:

Hang Pin Living Technology Co had no debt (1).

* 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.


Hang Pin Living Technology Co  (HKSE:01682) 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.


Hang Pin Living Technology Co Cash-to-Debt Related Terms

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


Hang Pin Living Technology Co (HKSE:01682) Business Description

Traded in Other Exchanges
N/A
Address
168-200 Connaught Road Central, Room 2101, 21st Floor, China Merchants Tower, Shun Tak Centre, Hong Kong, HKG
Hang Pin Living Technology Co Ltd is principally engaged in the Garment sourcing; and the Provision of financial services business. It operates in two segments namely Garment sourcing and Provision of financial service. It offers a comprehensive range of sourcing management services and expertise, including product design and product development, sampling, product offering, sourcing, outsourcing, logistics and delivery, and overseas sales capabilities. Majority revenue is derived from the garment sourcing business.
Executives
Ng Leung Ho 2201 Interest of corporation controlled by you
Rosy Lane International Limited 2101 Beneficial owner
Zhi Hua 2201 Interest of corporation controlled by you

Hang Pin Living Technology Co (HKSE:01682) Headlines

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