E-Star Commercial Management Co (HKSE:06668) Cash-to-Debt : 2.06 (As of Dec. 2023)

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What is E-Star Commercial Management Co 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. E-Star Commercial Management Co's cash to debt ratio for the quarter that ended in Dec. 2023 was 2.06.

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, E-Star Commercial Management Co 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 E-Star Commercial Management Co's Cash-to-Debt or its related term are showing as below:

HKSE:06668' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.83 Med: 4.01 Max: 18.37
Current: 2.06

During the past 7 years, E-Star Commercial Management Co's highest Cash to Debt Ratio was 18.37. The lowest was 1.83. And the median was 4.01.

HKSE:06668's Cash-to-Debt is ranked better than
79.17% of 1781 companies
in the Real Estate industry
Industry Median: 0.26 vs HKSE:06668: 2.06

E-Star Commercial Management Co Cash-to-Debt Historical Data

The historical data trend for E-Star Commercial Management Co'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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E-Star Commercial Management Co Cash-to-Debt Chart

E-Star Commercial Management Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

2.91

4.49

18.37

1.83

2.06

E-Star Commercial Management Co Semi-Annual Data
	Dec17	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial						18.37	1.95	1.83	1.93	2.06

Competitive Comparison of E-Star Commercial Management Co's Cash-to-Debt

For the Real Estate Services subindustry, E-Star Commercial Management Co'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.

E-Star Commercial Management Co's Cash-to-Debt Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, E-Star Commercial Management Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where E-Star Commercial Management Co's Cash-to-Debt falls into.

E-Star Commercial Management Co 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.

E-Star Commercial Management Co'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)
	=	1565.824	/	(39.597	+	721.025)
	=	2.06

E-Star Commercial Management Co'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)
	=	1565.824	/	(39.597	+	721.025)
	=	2.06

E-Star Commercial Management Co (HKSE:06668) 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.

E-Star Commercial Management Co Cash-to-Debt Related Terms

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E-Star Commercial Management Co (HKSE:06668) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » E-Star Commercial Management Co Ltd (HKSE:06668) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Yabao Road, 32nd Floor, Building A Galaxy World, Longgang District, Guangdong Province, Shenzhen, CHN, 518000

Website

https://www.g-cre.com

E-Star Commercial Management Co Ltd is a commercial operational service provider in China with business lines including, positioning, construction consultancy and tenant sourcing services including market positioning, business planning consultancy, design and construction consultancy and tenant sourcing services; operational management services including formulating operation strategies, conducting marketing and promotional events, tenant management services, property management services and rent collection services; property leasing services including sublease of commercial spaces; and value-added services including management of common areas in the shopping centers and management of advertising spaces, such as LED boards and interior and exterior facades of the shopping centers.

Executives

Virtue Investment Development Limited	2101 Beneficial owner
Huang Chu-long
Go Star Investment Holding Limited	2201 Interest of corporation controlled by you
Long Harmony Holding Limited	2201 Interest of corporation controlled by you
Tmf (cayman) Ltd.	2301 Trustee
Huang De-lin Benny	2101 Beneficial owner
Central Huijin Investment Ltd.	2201 Interest of corporation controlled by you

E-Star Commercial Management Co (HKSE:06668) Headlines

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