Shenguan Holdings Group (HKSE:00829) Cash-to-Debt : 3.21 (As of Dec. 2023)

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What is Shenguan Holdings Group 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. Shenguan Holdings Group's cash to debt ratio for the quarter that ended in Dec. 2023 was 3.21.

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, Shenguan Holdings Group 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 Shenguan Holdings Group's Cash-to-Debt or its related term are showing as below:

HKSE:00829' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.04 Med: 2.78 Max: 6.7
Current: 3.21

During the past 13 years, Shenguan Holdings Group's highest Cash to Debt Ratio was 6.70. The lowest was 1.04. And the median was 2.78.

HKSE:00829's Cash-to-Debt is ranked better than
75.7% of 1852 companies
in the Consumer Packaged Goods industry
Industry Median: 0.53 vs HKSE:00829: 3.21

Shenguan Holdings Group Cash-to-Debt Historical Data

The historical data trend for Shenguan Holdings Group'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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Shenguan Holdings Group Cash-to-Debt Chart

Shenguan Holdings Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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6.70

4.74

2.33

2.35

3.21

Shenguan Holdings Group 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															2.33	1.62	2.35	4.13	3.21

Competitive Comparison of Shenguan Holdings Group's Cash-to-Debt

For the Packaged Foods subindustry, Shenguan Holdings Group'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.

Shenguan Holdings Group's Cash-to-Debt Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Shenguan Holdings Group's Cash-to-Debt distribution charts can be found below:

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

Shenguan Holdings Group 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.

Shenguan Holdings Group'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)
	=	973.421	/	(302.007	+	1.372)
	=	3.21

Shenguan Holdings Group'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)
	=	973.421	/	(302.007	+	1.372)
	=	3.21

Shenguan Holdings Group (HKSE:00829) 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.

Shenguan Holdings Group Cash-to-Debt Related Terms

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Shenguan Holdings Group (HKSE:00829) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Shenguan Holdings Group Ltd (HKSE:00829) » Definitions » Cash-to-Debt

Traded in Other Exchanges

S2N:Germany

Address

255–257 Gloucester Road, Unit 2902, Sino Plaza, Causeway Bay, Hong Kong, HKG

Website

http://www.shenguan.com.hk

Shenguan Holdings Group Ltd is an investment holding company. It is engaged in the manufacture and sale of edible collagen sausage casing products, pharmaceutical products, food products, skincare and health care products, and bioactive collagen products. The company generates a majority of its revenue from edible collagen sausage casing products. Geographically, the firm generates a majority of its revenue from the People's Republic of China.

Shenguan Holdings Group (HKSE:00829) Headlines

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