NVC International Holdings (HKSE:02222) Cash-to-Debt : 19.25 (As of Dec. 2023)

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What is NVC International 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. NVC International Holdings's cash to debt ratio for the quarter that ended in Dec. 2023 was 19.25.

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

HKSE:02222' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.96 Med: 8.39 Max: 22.22
Current: 19.25

During the past 13 years, NVC International Holdings's highest Cash to Debt Ratio was 22.22. The lowest was 0.96. And the median was 8.39.

HKSE:02222's Cash-to-Debt is ranked better than
83.58% of 408 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.935 vs HKSE:02222: 19.25

NVC International Holdings Cash-to-Debt Historical Data

The historical data trend for NVC International 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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NVC International Holdings Cash-to-Debt Chart

NVC International Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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22.22

13.64

11.60

2.05

19.25

NVC International Holdings 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															11.60	1.83	2.05	10.79	19.25

Competitive Comparison of NVC International Holdings's Cash-to-Debt

For the Furnishings, Fixtures & Appliances subindustry, NVC International 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.

NVC International Holdings's Cash-to-Debt Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, NVC International Holdings's Cash-to-Debt distribution charts can be found below:

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

NVC International 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.

NVC International 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)
	=	1041.593	/	(27.272	+	26.85)
	=	19.25

NVC International 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)
	=	1041.593	/	(27.272	+	26.85)
	=	19.25

NVC International Holdings (HKSE:02222) 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.

NVC International Holdings Cash-to-Debt Related Terms

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

NVC International Holdings (HKSE:02222) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » NVC International Holdings Ltd (HKSE:02222) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Phase 3, Hong Kong Science Park, Unit 705, 7th Floor, Building 20E, Pak Shek Kok, Hong Kong, HKG

Website

https://www.nvc-international.com

NVC International Holdings Ltd is engaged in the lighting industry. Its segment includes NVC brand lighting products - international market, Non-NVC brand lighting products - domestic market, and Non-NVC brand lighting products - international market It offers lighting solutions to hospitality, commercial, and corporate projects across varied industries sectors. The products offered by the company include LED Floodlights, LED Inground lights, LED Under canopy lighting, and LED Linear lighting among others. majority of the revenue of the company is generated from the United States.

Executives

Harbour Faith Enterprises Limited	2101 Beneficial owner
Chan Sin Wa Carrie	2201 Interest of corporation controlled by you
Gold Interact Investment Limited	2106 Person having a security interest in shares
Su Lixin	2101 Beneficial owner
Ye Yong
Canopy Capital Limited	2101 Beneficial owner
Harker Hall Capital Ltd.	2201 Interest of corporation controlled by you
Leap Gain Limited	2201 Interest of corporation controlled by you
Oneworld Legend Limited	2201 Interest of corporation controlled by you
Wang Keven Dun	2201 Interest of corporation controlled by you
Elec-tech International (hk) Co Ltd	2101 Beneficial owner
An Hui De Hao Run Da Dian Qi Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Su Lixin	2101 Beneficial owner
Zhao Yu
Cai Sheng You Xian Gong Si

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