Flydoo Technology Holding (HKSE:08069) Cash-to-Debt : 4.83 (As of Sep. 2023)

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What is Flydoo Technology Holding 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. Flydoo Technology Holding's cash to debt ratio for the quarter that ended in Sep. 2023 was 4.83.

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

HKSE:08069' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.45 Med: 4.83 Max: 2493.18
Current: 4.83

During the past 9 years, Flydoo Technology Holding's highest Cash to Debt Ratio was 2493.18. The lowest was 0.45. And the median was 4.83.

HKSE:08069's Cash-to-Debt is ranked better than
78.09% of 817 companies
in the Travel & Leisure industry
Industry Median: 0.6 vs HKSE:08069: 4.83

Flydoo Technology Holding Cash-to-Debt Historical Data

The historical data trend for Flydoo Technology Holding'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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Flydoo Technology Holding Cash-to-Debt Chart

Flydoo Technology Holding Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

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2,493.18

3.86

2.01

0.45

2.65

Flydoo Technology Holding 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															1.92	N/A	2.65	N/A	4.83

Competitive Comparison of Flydoo Technology Holding's Cash-to-Debt

For the Travel Services subindustry, Flydoo Technology Holding'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.

Flydoo Technology Holding's Cash-to-Debt Distribution in the Travel & Leisure Industry

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

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

Flydoo Technology Holding 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.

Flydoo Technology Holding'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)
	=	45.739	/	(7.469	+	9.817)
	=	2.65

Flydoo Technology Holding'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)
	=	63.358	/	(6.458	+	6.659)
	=	4.83

Flydoo Technology Holding (HKSE:08069) 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.

Flydoo Technology Holding Cash-to-Debt Related Terms

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Flydoo Technology Holding (HKSE:08069) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Flydoo Technology Holding Ltd (HKSE:08069) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

28 Canton Road, Unit 706-8, 7th Floor, Lippo Sun Plaza, Tsim Sha Tsui, Kowloon, Hong Kong, HKG

Website

https://www.flydoo.com.hk

Flydoo Technology Holding Ltd is a travel agency in Hong Kong. It designs, develops and sells package tour and adjacent products such as air tickets and hotel accommodations.

Executives

Chan Suk Mei	2201 Interest of corporation controlled by you
Yuen Sze Keung	2201 Interest of corporation controlled by you
Zong Heng You Tou Zi Kong Gu You Xian Gong Si	2101 Beneficial owner

Flydoo Technology Holding (HKSE:08069) Headlines

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