Lvji Technology Holdings (HKSE:01745) Cash-to-Debt : 23.57 (As of Dec. 2023)

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What is Lvji Technology 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. Lvji Technology Holdings's cash to debt ratio for the quarter that ended in Dec. 2023 was 23.57.

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

HKSE:01745' s Cash-to-Debt Range Over the Past 10 Years
Min: 3.98 Med: 48.81 Max: No Debt
Current: 23.57

During the past 8 years, Lvji Technology Holdings's highest Cash to Debt Ratio was No Debt. The lowest was 3.98. And the median was 48.81.

HKSE:01745's Cash-to-Debt is ranked better than
86.97% of 821 companies
in the Travel & Leisure industry
Industry Median: 0.6 vs HKSE:01745: 23.57

Lvji Technology Holdings Cash-to-Debt Historical Data

The historical data trend for Lvji Technology 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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Lvji Technology Holdings Cash-to-Debt Chart

Lvji Technology Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

15.06

99.68

127.21

43.18

23.57

Lvji Technology Holdings Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial									127.21	224.18	43.18	49.34	23.57

Competitive Comparison of Lvji Technology Holdings's Cash-to-Debt

For the Travel Services subindustry, Lvji Technology 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.

Lvji Technology Holdings's Cash-to-Debt Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Lvji Technology Holdings's Cash-to-Debt distribution charts can be found below:

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

Lvji Technology 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.

Lvji Technology Holdings'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)
	=	137.069	/	(2.503	+	3.313)
	=	23.57

Lvji Technology Holdings'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)
	=	137.069	/	(2.503	+	3.313)
	=	23.57

Lvji Technology Holdings (HKSE:01745) 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.

Lvji Technology Holdings Cash-to-Debt Related Terms

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

Lvji Technology Holdings (HKSE:01745) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Lvji Technology Holdings Inc (HKSE:01745) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Room 501, 238 Gaotang Road, Tianhe District, Guangzhou, CHN

Website

https://www.lvji.cn

Lvji Technology Holdings Inc is an online tour guide provider. The company deploys software on its cloud system to provide online tour guides with proprietary contents, which include illustrated maps of tourist attractions, editorial contents and voice-over commentaries of points of interest in the tourist attractions and are implemented to include functions such as real time navigation. It generates revenue from sales of online tour guides through OTAs.

Executives

Lu Jia Technology Holdings Limited
Zang Weizhong	2101 Beneficial owner
Mithaq Capital	2201 Interest of corporation controlled by you
Mithaq Capital Spc	2101 Beneficial owner
Mithaq Global	2201 Interest of corporation controlled by you
Zang Weizhong	2101 Beneficial owner
Fan Bao Guo	2201 Interest of corporation controlled by you
Shen Zhen Qian Hai Chun Hua Yong Tai Qi Ye Guan Li Zi Xun He Huo Qi Ye You Xian He Huo	2201 Interest of corporation controlled by you
Dong Ying Ling Long Jin Shan Tou Zi Guan Li You Xian Gong Si	2201 Interest of corporation controlled by you
Dong Ying Chun Hua Zi Xun Guan Li You Xian Gong Si	2201 Interest of corporation controlled by you
Sunrise Boulevard Investments Limited	2101 Beneficial owner
Fu Zhekuan	2201 Interest of corporation controlled by you
Shen Zhen Shi Qi Fu Zi Ben Guan Li You Xian Gong Si	2201 Interest of corporation controlled by you
Shang Hai Qian Fu Tou Zi Guan Li You Xian Gong Si	2201 Interest of corporation controlled by you
Guang Zhou Shi Jie Ming Tou Zi Guan Li You Xian Gong Si	2201 Interest of corporation controlled by you

Lvji Technology Holdings (HKSE:01745) Headlines

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