Classified Group (Holdings) (HKSE:08232) Cash-to-Debt : 1.14 (As of Dec. 2023)

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What is Classified 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. Classified Group (Holdings)'s cash to debt ratio for the quarter that ended in Dec. 2023 was 1.14.

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

HKSE:08232' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.3 Med: 1.27 Max: No Debt
Current: 1.14

During the past 10 years, Classified Group (Holdings)'s highest Cash to Debt Ratio was No Debt. The lowest was 0.30. And the median was 1.27.

HKSE:08232's Cash-to-Debt is ranked better than
77.94% of 340 companies
in the Restaurants industry
Industry Median: 0.41 vs HKSE:08232: 1.14

Classified Group (Holdings) Cash-to-Debt Historical Data

The historical data trend for Classified 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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Classified Group (Holdings) Cash-to-Debt Chart

Classified Group (Holdings) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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1.75

1.03

1.40

0.30

1.14

Classified Group (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															0.30	N/A	0.71	N/A	1.14

Competitive Comparison of Classified Group (Holdings)'s Cash-to-Debt

For the Restaurants subindustry, Classified 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.

Classified Group (Holdings)'s Cash-to-Debt Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Classified Group (Holdings)'s Cash-to-Debt distribution charts can be found below:

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

Classified 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.

Classified Group (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)
	=	6.185	/	(4.289	+	1.126)
	=	1.14

Classified Group (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)
	=	6.185	/	(4.289	+	1.126)
	=	1.14

Classified Group (Holdings) (HKSE:08232) 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.

Classified Group (Holdings) Cash-to-Debt Related Terms

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

Classified Group (Holdings) (HKSE:08232) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Classified Group (Holdings) Ltd (HKSE:08232) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

30 Wong Chuk Hang Road, 2nd Floor, Cheung Tak Industrial Building, Wong Chuk Hang, Hong Kong, HKG

Website

https://www.classifiedgroup.com.hk

Classified Group (Holdings) Ltd is a food and beverage company. It is engaged in the Casual restaurant operations segment in which customers would place orders at the front desk and basic table service is provided by the delivery of ordered food to the table. The casual restaurants aim to provide a more casual and relaxing atmosphere. All the group's operations are located in Hong Kong.

Executives

Vms Investment Group Limited	2101 Beneficial owner
Peyton Global Limited	2101 Beneficial owner
Wiltshire Global Limited	2101 Beneficial owner
Mak Siu Hang Viola	2201 Interest of corporation controlled by you
Cheng Chi Man	2202 Interest of your spouse
Pong Kin Yee	2201 Interest of corporation controlled by you
Lee Yuen Ching Charmaine	2202 Interest of your spouse
Wong Arnold Chi Chiu	2201 Interest of corporation controlled by you
Millennium Pacific Information Technology Limited	2101 Beneficial owner

Classified Group (Holdings) (HKSE:08232) Headlines

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