Link Holdings (HKSE:08237) Cash-to-Debt : 0.15 (As of Dec. 2023)

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What is Link 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. Link Holdings's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.15.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Link Holdings couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

The historical rank and industry rank for Link Holdings's Cash-to-Debt or its related term are showing as below:

HKSE:08237' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.08 Med: 0.21 Max: 1.51
Current: 0.15

During the past 11 years, Link Holdings's highest Cash to Debt Ratio was 1.51. The lowest was 0.08. And the median was 0.21.

HKSE:08237's Cash-to-Debt is ranked worse than
72.59% of 821 companies
in the Travel & Leisure industry
Industry Median: 0.6 vs HKSE:08237: 0.15

Link Holdings Cash-to-Debt Historical Data

The historical data trend for Link 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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Link Holdings Cash-to-Debt Chart

Link Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.11

0.08

0.14

0.15

Link 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															0.14	N/A	0.18	N/A	0.15

Competitive Comparison of Link Holdings's Cash-to-Debt

For the Lodging subindustry, Link 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.

Link Holdings's Cash-to-Debt Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Link Holdings's Cash-to-Debt distribution charts can be found below:

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

Link 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.

Link 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)
	=	56.127	/	(378.2	+	2.833)
	=	0.15

Link 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)
	=	56.127	/	(378.2	+	2.833)
	=	0.15

Link Holdings (HKSE:08237) 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.

Link Holdings Cash-to-Debt Related Terms

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

Link Holdings (HKSE:08237) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Link Holdings Ltd (HKSE:08237) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.168-200 Connaught Road Central, Room 3503, 35th Floor West Tower of Shun Tak Centre, Sheung Wan, Hong Kong, HKG

Website

http://www.linkholdingslimited.com

Link Holdings Ltd is an investment holding company. It is engaged in the operation of hotel services and properties investment in the Southeast Asia region. The group's reportable segments are on the basis of the geographical locations which are Singapore, Indonesia, Japan and the PRC. The majority of the company's revenue is generated from Singapore. The group carries the Operation of hotel business in Singapore, Indonesia and Japan. and Distressed debt asset management business in the PRC.

Executives

Ace Kingdom Enterprises Corporation	2401 A concert party to an agreement to buy shares
Billion Supreme Holdings Limited	2401 A concert party to an agreement to buy shares
Boomerang Investment Limited	2501 Other
Kwok Yi Chit	2501 Other
Lam Wing Yu	2202 Interest of your spouse
Wong Chun Hung Hanson	2201 Interest of corporation controlled by you
Lui Tin Shun	2201 Interest of corporation controlled by you
Hui Ngan	2201 Interest of corporation controlled by you
Yuan Tianfu	2201 Interest of corporation controlled by you
China Orient Asset Management Co., Ltd.	2201 Interest of corporation controlled by you
Ng Meng Chit	2101 Beneficial owner
Ng Sam Meng	2101 Beneficial owner
China Minsheng Investment Group Corp., Ltd.	2201 Interest of corporation controlled by you

Link Holdings (HKSE:08237) Headlines

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