China SCE Group Holdings (HKSE:01966) Cash-to-Debt : 0.24 (As of Jun. 2023)

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What is China SCE Group 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. China SCE Group Holdings's cash to debt ratio for the quarter that ended in Jun. 2023 was 0.24.

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

HKSE:01966' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.15 Med: 0.35 Max: 0.51
Current: 0.15

During the past 13 years, China SCE Group Holdings's highest Cash to Debt Ratio was 0.51. The lowest was 0.15. And the median was 0.35.

HKSE:01966's Cash-to-Debt is ranked worse than
61.76% of 1786 companies
in the Real Estate industry
Industry Median: 0.25 vs HKSE:01966: 0.15

China SCE Group Holdings Cash-to-Debt Historical Data

The historical data trend for China SCE Group 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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China SCE Group Holdings Cash-to-Debt Chart

China SCE Group Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.47

0.41

0.34

0.22

0.15

China SCE Group 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															0.34	0.31	0.22	0.24	0.15

Competitive Comparison of China SCE Group Holdings's Cash-to-Debt

For the Real Estate - Development subindustry, China SCE Group 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.

China SCE Group Holdings's Cash-to-Debt Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, China SCE Group Holdings's Cash-to-Debt distribution charts can be found below:

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

China SCE Group 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.

China SCE Group Holdings'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)
	=	10665.66	/	(16418.839	+	32911.897)
	=	0.22

China SCE Group Holdings'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)
	=	10018.763	/	(13668.063	+	27840.348)
	=	0.24

China SCE Group Holdings (HKSE:01966) 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.

China SCE Group Holdings Cash-to-Debt Related Terms

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China SCE Group Holdings (HKSE:01966) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » China SCE Group Holdings Ltd (HKSE:01966) » Definitions » Cash-to-Debt

Traded in Other Exchanges

XSP:Germany

Address

No. 2, Lane 1688, Shenchang Road, SCE Tower, Hongqiao Business District, Shanghai, CHN

Website

https://www.sce-re.com

China SCE Group Holdings Ltd is engaged in property development, commercial management, property management and long-term rental apartments business. The company has a regionally focused development strategy in the Yangtze River Delta Economic Zone, the Bohai Rim Economic Zone, the Guangdong-Hong Kong-Macao Greater Bay Area, the West Taiwan Strait Economic Zone and the Central Western Region. The group has property projects including high-rise residential buildings, offices, shopping malls and long-term rental apartments.

Executives

Wong Chiu Yeung	2201 Interest of corporation controlled by you
Newup Holdings Limited	2101 Beneficial owner
Rising Trade Holdings Limited	2101 Beneficial owner
Wealthy Gate Holdings Limited	2101 Beneficial owner
Chen Yuanlai	2201 Interest of corporation controlled by you
Cheng Hiu Lok	2201 Interest of corporation controlled by you
Keen Century Investments Limited	2101 Beneficial owner
East Waves Investments Limited	2101 Beneficial owner

China SCE Group Holdings (HKSE:01966) Headlines

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