Bosa Technology Holdings (HKSE:08140) Cash-to-Debt : 31.77 (As of Dec. 2023)

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What is Bosa 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. Bosa Technology Holdings's cash to debt ratio for the quarter that ended in Dec. 2023 was 31.77.

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

HKSE:08140' s Cash-to-Debt Range Over the Past 10 Years
Min: 7.74 Med: 31.77 Max: 2145.2
Current: 31.77

During the past 8 years, Bosa Technology Holdings's highest Cash to Debt Ratio was 2145.20. The lowest was 7.74. And the median was 31.77.

HKSE:08140's Cash-to-Debt is ranked better than
90.24% of 615 companies
in the Steel industry
Industry Median: 0.44 vs HKSE:08140: 31.77

Bosa Technology Holdings Cash-to-Debt Historical Data

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

Bosa Technology Holdings Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

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40.29

13.49

13.09

7.74

47.90

Bosa Technology Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															11.18	N/A	47.90	N/A	31.77

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

For the Steel subindustry, Bosa 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.

Bosa Technology Holdings's Cash-to-Debt Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Bosa Technology Holdings's Cash-to-Debt distribution charts can be found below:

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

Bosa 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.

Bosa Technology Holdings's Cash to Debt Ratio for the fiscal year that ended in Jun. 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)
	=	103.74	/	(1.537	+	0.629)
	=	47.89

Bosa 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)
	=	136.194	/	(2.961	+	1.326)
	=	31.77

Bosa Technology Holdings (HKSE:08140) 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.

Bosa Technology Holdings Cash-to-Debt Related Terms

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

Bosa Technology Holdings (HKSE:08140) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Bosa Technology Holdings Ltd (HKSE:08140) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 55 King Yip Street, Room D, 29th Floor, King Palace Plaza, Kwun Tong Kowloon, Hong Kong, HKG

Website

https://www.bosa-tech.com

Bosa Technology Holdings Ltd is an investment holding company, and the principal activity of its subsidiaries is to provide mechanical splicing services to the reinforced concrete construction industry in Hong Kong. Its mechanical splicing services include two elements: Processing reinforcing bars and Connecting reinforcing bars by couplers. The company provides two types of reinforcing bars processing services: Servisplice and the Seisplice.

Bosa Technology Holdings (HKSE:08140) Headlines

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