South Manganese Investment (HKSE:01091) Cash-to-Debt : 0.19 (As of Dec. 2023)

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What is South Manganese Investment 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. South Manganese Investment's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.19.

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, South Manganese Investment 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 South Manganese Investment's Cash-to-Debt or its related term are showing as below:

HKSE:01091' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.18 Med: 0.26 Max: 0.29
Current: 0.19

During the past 13 years, South Manganese Investment's highest Cash to Debt Ratio was 0.29. The lowest was 0.18. And the median was 0.26.

HKSE:01091's Cash-to-Debt is ranked worse than
84.78% of 2641 companies
in the Metals & Mining industry
Industry Median: 18.3 vs HKSE:01091: 0.19

South Manganese Investment Cash-to-Debt Historical Data

The historical data trend for South Manganese Investment'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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South Manganese Investment Cash-to-Debt Chart

South Manganese Investment Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.27

0.25

0.26

0.19

South Manganese Investment 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															0.25	0.28	0.26	0.22	0.19

Competitive Comparison of South Manganese Investment's Cash-to-Debt

For the Other Industrial Metals & Mining subindustry, South Manganese Investment'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.

South Manganese Investment's Cash-to-Debt Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, South Manganese Investment's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where South Manganese Investment's Cash-to-Debt falls into.

South Manganese Investment 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.

South Manganese Investment'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)
	=	975.579	/	(4162.856	+	957.761)
	=	0.19

South Manganese Investment'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)
	=	975.579	/	(4162.856	+	957.761)
	=	0.19

South Manganese Investment (HKSE:01091) 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.

South Manganese Investment Cash-to-Debt Related Terms

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South Manganese Investment (HKSE:01091) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » South Manganese Investment Ltd (HKSE:01091) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

00D0:Germany

Address

95 Queensway, Room A02, 35th Floor, United Centre, Admiralty, Hong Kong, HKG

Website

http://www.dameng.citic.com

South Manganese Investment Ltd is a mining company that is engaged in manganese mining and ore processing in China and Gabon and downstream processing operations. It operates in four segments namely Manganese mining which engages in the mining and production of manganese products including mining, beneficiation, concentrating, grinding and the production of manganese concentrates; EMM and alloying materials production segment comprise hydrometallurgical processing and pyrometallurgical processing; Battery materials production segment engages in the production and sale of battery materials products, including Electrolytic Manganese Dioxide; and Trading business segment includes trading of various commodities such as manganese ore, sales of scraps, and others.

South Manganese Investment (HKSE:01091) Headlines

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