Shenwan Hongyuan (HK) (HKSE:00218) Cash-to-Debt : 1.46 (As of Dec. 2023)

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What is Shenwan Hongyuan (HK) 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. Shenwan Hongyuan (HK)'s cash to debt ratio for the quarter that ended in Dec. 2023 was 1.46.

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, Shenwan Hongyuan (HK) 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 Shenwan Hongyuan (HK)'s Cash-to-Debt or its related term are showing as below:

HKSE:00218' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.47 Med: 0.96 Max: 3.22
Current: 1.46

During the past 13 years, Shenwan Hongyuan (HK)'s highest Cash to Debt Ratio was 3.22. The lowest was 0.47. And the median was 0.96.

HKSE:00218's Cash-to-Debt is ranked worse than
55.97% of 795 companies
in the Capital Markets industry
Industry Median: 1.89 vs HKSE:00218: 1.46

Shenwan Hongyuan (HK) Cash-to-Debt Historical Data

The historical data trend for Shenwan Hongyuan (HK)'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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Shenwan Hongyuan (HK) Cash-to-Debt Chart

Shenwan Hongyuan (HK) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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3.22

0.90

1.01

1.46

Shenwan Hongyuan (HK) Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.90	1.14	1.01	1.14	1.46

Competitive Comparison of Shenwan Hongyuan (HK)'s Cash-to-Debt

For the Capital Markets subindustry, Shenwan Hongyuan (HK)'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.

Shenwan Hongyuan (HK)'s Cash-to-Debt Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Shenwan Hongyuan (HK)'s Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Shenwan Hongyuan (HK)'s Cash-to-Debt falls into.

Shenwan Hongyuan (HK) 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.

Shenwan Hongyuan (HK)'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)
	=	5020.703	/	(3404.903	+	46.383)
	=	1.45

Shenwan Hongyuan (HK)'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)
	=	5020.703	/	(3404.903	+	46.383)
	=	1.45

Shenwan Hongyuan (HK) (HKSE:00218) 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.

Shenwan Hongyuan (HK) Cash-to-Debt Related Terms

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

Shenwan Hongyuan (HK) (HKSE:00218) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Shenwan Hongyuan (HK) Ltd (HKSE:00218) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

WAY:Germany

Address

1 Queen's Road East, Tower 3, Level 6, Three Pacific Place, Hong Kong, HKG

Website

https://www.swhyhk.com

Shenwan Hongyuan (HK) Ltd is an investment holding company. It has five business segments including Corporate finance, Wealth management, Institutional services and trading, and Asset management, others. The company's operations are mainly located in Hong Kong. It derives a majority of its revenues from the Wealth management segment.

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