IMS Group Holdings (HKSE:08136) Cash-to-Debt : 33.32 (As of Sep. 2023)

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What is IMS Group 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. IMS Group Holdings's cash to debt ratio for the quarter that ended in Sep. 2023 was 33.32.

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

HKSE:08136' s Cash-to-Debt Range Over the Past 10 Years
Min: 13.22 Med: 29.86 Max: No Debt
Current: 33.32

During the past 8 years, IMS Group Holdings's highest Cash to Debt Ratio was No Debt. The lowest was 13.22. And the median was 29.86.

HKSE:08136's Cash-to-Debt is ranked better than
85% of 2926 companies
in the Industrial Products industry
Industry Median: 1.22 vs HKSE:08136: 33.32

IMS Group Holdings Cash-to-Debt Historical Data

The historical data trend for IMS Group 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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IMS Group Holdings Cash-to-Debt Chart

IMS Group Holdings Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

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No Debt

13.82

23.38

26.41

18.87

IMS Group Holdings Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial															13.22	N/A	18.87	N/A	33.32

Competitive Comparison of IMS Group Holdings's Cash-to-Debt

For the Electrical Equipment & Parts subindustry, IMS Group 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.

IMS Group Holdings's Cash-to-Debt Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, IMS Group Holdings's Cash-to-Debt distribution charts can be found below:

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

IMS Group 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.

IMS Group Holdings's Cash to Debt Ratio for the fiscal year that ended in Mar. 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)
	=	79.967	/	(2.807	+	1.432)
	=	18.86

IMS Group Holdings'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)
	=	93.249	/	(2.335	+	0.464)
	=	33.32

IMS Group Holdings (HKSE:08136) 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.

IMS Group Holdings Cash-to-Debt Related Terms

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

IMS Group Holdings (HKSE:08136) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » IMS Group Holdings Ltd (HKSE:08136) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

No. 8 Watson Road, North Point, 12th floor, Unit 1201, Block C Seaview Estate, Hong Kong, HKG

Website

https://www.imsgroupholdings.com

IMS Group Holdings Ltd is a provider of integrated LED lighting solutions. The company principally engaged in sale of LED lighting fixtures and visual-audio system, provision of integrated LED lighting solution services, project consultancy and LED lighting system maintenance services, sale of 3D printing materials and provision for 3D printing services. The firm receives a majority of its revenue from the sale of LED lighting fixtures followed by integrated LED lighting solution services. It has a business presence in Hong Kong, the PRC, Asia, Europe and others, of which the key revenue is derived from the PRC.

Executives

The Garage Investment Limited	2101 Beneficial owner
Ng Wing Sze	2202 Interest of your spouse
Tam Yat Ming Andrew	2201 Interest of corporation controlled by you
Wan Man Hong	2101 Beneficial owner
Yeung Ngai	2202 Interest of your spouse
Hung Ying	2101 Beneficial owner
Yeung Wun Tang Andy	2202 Interest of your spouse

IMS Group Holdings (HKSE:08136) Headlines

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