Capital VC (HKSE:02324) Cash-to-Debt : 6.55 (As of Sep. 2023)

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What is Capital VC 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. Capital VC's cash to debt ratio for the quarter that ended in Sep. 2023 was 6.55.

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, Capital VC 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 Capital VC's Cash-to-Debt or its related term are showing as below:

HKSE:02324' s Cash-to-Debt Range Over the Past 10 Years
Min: 6.55 Med: No Debt Max: No Debt
Current: 6.55

During the past 13 years, Capital VC's highest Cash to Debt Ratio was No Debt. The lowest was 6.55. And the median was No Debt.

HKSE:02324's Cash-to-Debt is ranked better than
63.23% of 775 companies
in the Capital Markets industry
Industry Median: 1.96 vs HKSE:02324: 6.55

Capital VC Cash-to-Debt Historical Data

The historical data trend for Capital VC'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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Capital VC Cash-to-Debt Chart

Capital VC Annual Data

Trend

Jun14

Jun15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

17.65

No Debt

14.16

6.55

Capital VC Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	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															No Debt	No Debt	14.16	24.42	6.55

Competitive Comparison of Capital VC's Cash-to-Debt

For the Capital Markets subindustry, Capital VC'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.

Capital VC's Cash-to-Debt Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Capital VC's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Capital VC's Cash-to-Debt falls into.

Capital VC 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.

Capital VC's Cash to Debt Ratio for the fiscal year 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)
	=	218.117	/	(14.814	+	18.511)
	=	6.55

Capital VC'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)
	=	218.117	/	(14.814	+	18.511)
	=	6.55

Capital VC (HKSE:02324) 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.

Capital VC Cash-to-Debt Related Terms

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Capital VC (HKSE:02324) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Capital VC Ltd (HKSE:02324) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

18 Queen’s Road Central, Room 2302, 23rd Floor, New World Tower 1, Hong Kong, HKG

Website

http://www.capital-vc.com

Capital VC Ltd is an investment holding company. The company's operating segment includes Investment in listed securities and unlisted bonds and Investment in unlisted securities. Its investment portfolio covers a wide range of business sectors, including companies engaged in sectors such as finance, consumer goods and consumer services, media, manufacturing, and construction. Key revenue comes from investment in listed and unlisted bonds.

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