Zensun Enterprises (HKSE:00185) Cash-to-Debt : 0.05 (As of Jun. 2023)

View and export this data going back to 1972. Start your Free Trial

What is Zensun Enterprises 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. Zensun Enterprises's cash to debt ratio for the quarter that ended in Jun. 2023 was 0.05.

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, Zensun Enterprises couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

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

HKSE:00185' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.04 Med: 0.11 Max: 1.64
Current: 0.05

During the past 13 years, Zensun Enterprises's highest Cash to Debt Ratio was 1.64. The lowest was 0.04. And the median was 0.11.

HKSE:00185's Cash-to-Debt is ranked worse than
80.89% of 1790 companies
in the Real Estate industry
Industry Median: 0.26 vs HKSE:00185: 0.05

Zensun Enterprises Cash-to-Debt Historical Data

The historical data trend for Zensun Enterprises'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.

* Premium members only.

Zensun Enterprises Cash-to-Debt Chart

Zensun Enterprises Annual Data

Trend

Mar13

Mar14

Mar15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

Get a 7-Day Free Trial

0.05

0.13

0.15

0.11

0.05

Zensun Enterprises Semi-Annual Data
	Sep13	Mar14	Sep14	Mar15	Sep15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Cash-to-Debt	Get a 7-Day Free Trial															0.10	0.11	0.09	0.05	0.05

Competitive Comparison of Zensun Enterprises's Cash-to-Debt

For the Real Estate - Development subindustry, Zensun Enterprises'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.

Zensun Enterprises's Cash-to-Debt Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Zensun Enterprises's Cash-to-Debt distribution charts can be found below:

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

Zensun Enterprises 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.

Zensun Enterprises's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 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)
	=	821.817	/	(13329.922	+	3915.461)
	=	0.05

Zensun Enterprises's Cash to Debt Ratio for the quarter 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)
	=	866.295	/	(15447.932	+	2408.739)
	=	0.05

Zensun Enterprises (HKSE:00185) 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.

Zensun Enterprises Cash-to-Debt Related Terms

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

Zensun Enterprises (HKSE:00185) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Zensun Enterprises Ltd (HKSE:00185) » Definitions » Cash-to-Debt

Traded in Other Exchanges

OVZ1:Germany

Address

40-44 Wyndham Street, 24th Floor, Wyndham Commercial Centre, Hong Kong, HKG

Website

http://www.zensunenterprises.com

Zensun Enterprises Ltd is an investment holding company. The group operates through the following segments namely Property development in the PRC, Property investment and management in the USA in AHR and, Property investment other than AHR, Securities trading and investment and Hotel operations in the PRC, Project management, and sales services. It generates maximum revenue from Property development in the PRC. Geographically, it has operations in the PRC, Hong Kong, the USA, Singapore.

Zensun Enterprises (HKSE:00185) Headlines

No Headlines