Greater China Financial Holdings (HKSE:00431) Cash-to-Debt : 0.07 (As of Dec. 2023)

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What is Greater China Financial 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. Greater China Financial Holdings's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.07.

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, Greater China Financial 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 Greater China Financial Holdings's Cash-to-Debt or its related term are showing as below:

HKSE:00431' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.07 Med: 1 Max: 3.51
Current: 0.07

During the past 13 years, Greater China Financial Holdings's highest Cash to Debt Ratio was 3.51. The lowest was 0.07. And the median was 1.00.

HKSE:00431's Cash-to-Debt is ranked worse than
69.7% of 505 companies
in the Credit Services industry
Industry Median: 0.25 vs HKSE:00431: 0.07

Greater China Financial Holdings Cash-to-Debt Historical Data

The historical data trend for Greater China Financial 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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Greater China Financial Holdings Cash-to-Debt Chart

Greater China Financial Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

2.07

0.42

0.16

0.07

Greater China Financial Holdings 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															0.16	0.10	0.07	0.09	0.07

Competitive Comparison of Greater China Financial Holdings's Cash-to-Debt

For the Credit Services subindustry, Greater China Financial 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.

Greater China Financial Holdings's Cash-to-Debt Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Greater China Financial Holdings's Cash-to-Debt distribution charts can be found below:

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

Greater China Financial 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.

Greater China Financial 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)
	=	35.363	/	(124.681	+	369.877)
	=	0.07

Greater China Financial 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)
	=	35.363	/	(124.681	+	369.877)
	=	0.07

Greater China Financial Holdings (HKSE:00431) 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.

Greater China Financial Holdings Cash-to-Debt Related Terms

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

Greater China Financial Holdings (HKSE:00431) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Greater China Financial Holdings Ltd (HKSE:00431) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Matheson Street, Suites 3612-16, 36th Floor, Tower Two, Times Square, Causeway Bay, Hong Kong, HKG

Website

https://www.greaterchina.com.hk

Greater China Financial Holdings Ltd, through its subsidiaries, is engaged in investment holding, industrial property development, general trading of consumable goods, securities brokerage, insurance brokerage, asset management and loan financing operation including loan financing, financial guarantee services, loan referral and consultancy services. It generates maximum revenue from the loan financing operation segment. It operates in Hong Kong and the PRC. Geographically, it derives a majority of revenue from China.

Greater China Financial Holdings (HKSE:00431) Headlines

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