Greentown China Holdings (HKSE:03900) Cash-to-Debt : 0.48 (As of Dec. 2023)

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What is Greentown China 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. Greentown China Holdings's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.48.

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

HKSE:03900' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.22 Med: 0.48 Max: 0.55
Current: 0.48

During the past 13 years, Greentown China Holdings's highest Cash to Debt Ratio was 0.55. The lowest was 0.22. And the median was 0.48.

HKSE:03900's Cash-to-Debt is ranked better than
64.22% of 1786 companies
in the Real Estate industry
Industry Median: 0.25 vs HKSE:03900: 0.48

Greentown China Holdings Cash-to-Debt Historical Data

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

Greentown China Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.50

0.55

0.48

Greentown China 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															0.55	0.43	0.48	0.46	0.48

Competitive Comparison of Greentown China Holdings's Cash-to-Debt

For the Real Estate - Development subindustry, Greentown China 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.

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

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

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

Greentown China 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.

Greentown China 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)
	=	76346.518	/	(35702.71	+	124781.399)
	=	0.48

Greentown China 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)
	=	76346.518	/	(35702.71	+	124781.399)
	=	0.48

Greentown China Holdings (HKSE:03900) 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.

Greentown China Holdings Cash-to-Debt Related Terms

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Greentown China Holdings (HKSE:03900) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Greentown China Holdings Ltd (HKSE:03900) » Definitions » Cash-to-Debt

Traded in Other Exchanges

GTWCF:USA G7C:Germany

Address

No. 1 Hangda Road, 10th Floor, Block A, Dragon Century Plaza, Zhejiang, Hangzhou, CHN, 310007

Website

https://www.chinagreentown.com

Greentown China Holdings Ltd, or Greentown, is a China property developer headquartered in Hangzhou. Founded by Song Weiping, the company listed on the Hong Kong Stock Exchange in 2006. Predominantly a property developer is known for high-end residential projects with landbank geographically focused in Zhejiang and the Bohai Rim, Greentown is also noted for being one of the first developers to embark on the asset-light construction management model to generate development fee income from third-party construction and project management services. In June 2012, Wharf entered as a strategic shareholder of the company.

Executives

China Communications Construction Group Limited	2201 Interest of corporation controlled by you
Xiang Gang Xin Hu Tou Zi You Xian Gong Si	2101 Beneficial owner
Zhe Jiang Xin Hu Ji Tuan Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Xin Hu Zhong Bao Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Li Ping	2202 Interest of your spouse
Huang Wei	2201 Interest of corporation controlled by you
Song Weiping
Cccg Holding (hk) Limited	2101 Beneficial owner
Wheelock And Company Limited	2201 Interest of corporation controlled by you
The Wharf (holdings) Limited	2201 Interest of corporation controlled by you
Hsbc Trustee (c.i.) Limited	2301 Trustee
Ever Step Holdings Limited	2201 Interest of corporation controlled by you
First Pioneer Holdings Limited	2201 Interest of corporation controlled by you
King Focus International Limited	2201 Interest of corporation controlled by you
Ping An Securities Group (holdings) Limited	2201 Interest of corporation controlled by you

Greentown China Holdings (HKSE:03900) Headlines

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