STAR CM Holdings (HKSE:06698) Cash-to-Debt : 29.55 (As of Dec. 2023)

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What is STAR CM 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. STAR CM Holdings's cash to debt ratio for the quarter that ended in Dec. 2023 was 29.55.

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

HKSE:06698' s Cash-to-Debt Range Over the Past 10 Years
Min: 3.3 Med: 29.55 Max: 116.69
Current: 29.55

During the past 5 years, STAR CM Holdings's highest Cash to Debt Ratio was 116.69. The lowest was 3.30. And the median was 29.55.

HKSE:06698's Cash-to-Debt is ranked better than
82.8% of 1000 companies
in the Media - Diversified industry
Industry Median: 1.235 vs HKSE:06698: 29.55

STAR CM Holdings Cash-to-Debt Historical Data

The historical data trend for STAR CM 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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STAR CM Holdings Cash-to-Debt Chart

STAR CM Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

3.30

7.93

116.69

37.76

29.55

STAR CM Holdings Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial			116.69	19.81	37.76	47.76	29.55

Competitive Comparison of STAR CM Holdings's Cash-to-Debt

For the Entertainment subindustry, STAR CM 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.

STAR CM Holdings's Cash-to-Debt Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, STAR CM Holdings's Cash-to-Debt distribution charts can be found below:

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

STAR CM 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.

STAR CM 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)
	=	387.064	/	(6.19	+	6.907)
	=	29.55

STAR CM 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)
	=	387.064	/	(6.19	+	6.907)
	=	29.55

STAR CM Holdings (HKSE:06698) 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.

STAR CM Holdings Cash-to-Debt Related Terms

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STAR CM Holdings (HKSE:06698) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » STAR CM Holdings Ltd (HKSE:06698) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 300 Hankou Road, 17th Floor, Jiefang Building, Shanghai, CHN

Website

http://www.starcmgroup.com

STAR CM Holdings Ltd is engaged in the variety program IP production, operation, and licensing, music IP operation and licensing, film and drama series IP operation and licensing and other IP-related business. Geographically, the company derives majority of revenue from Mainland China.

Executives

Beamingstars Investment Holdings Limited	2501 Other
Chinese Culture (shanghai) Equity Investment Center (l.p.)	2501 Other
Chinese Culture (tianjin) Investment Management Co., Ltd.	2501 Other
East Brothers Investment Holdings Limited	2501 Other
Goldenbroad Investment Holdings Limited	2501 Other
Harvest Sky Investment Holdings Limited	2501 Other
Jin Lei	2501 Other
Shanghai Zhihua Enterprise Management Partnership (limited Partnership)	2501 Other
Unionstars Investment Holdings Limited	2101 Beneficial owner
Xu Xiangdong	2501 Other
Tian Ming	2501 Other
Tibet Yuanhe Enterprise Management Co., Ltd.	2101 Beneficial owner
Zhefu Holding Group Co., Ltd.	2201 Interest of corporation controlled by you

STAR CM Holdings (HKSE:06698) Headlines

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