Orient Overseas (International) (HKSE:00316) Cash-to-Debt : 4.68 (As of Dec. 2023)

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What is Orient Overseas (International) 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. Orient Overseas (International)'s cash to debt ratio for the quarter that ended in Dec. 2023 was 4.68.

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, Orient Overseas (International) 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 Orient Overseas (International)'s Cash-to-Debt or its related term are showing as below:

HKSE:00316' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.48 Med: 0.76 Max: 5.41
Current: 4.68

During the past 13 years, Orient Overseas (International)'s highest Cash to Debt Ratio was 5.41. The lowest was 0.48. And the median was 0.76.

HKSE:00316's Cash-to-Debt is ranked better than
86.42% of 965 companies
in the Transportation industry
Industry Median: 0.49 vs HKSE:00316: 4.68

Orient Overseas (International) Cash-to-Debt Historical Data

The historical data trend for Orient Overseas (International)'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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Orient Overseas (International) Cash-to-Debt Chart

Orient Overseas (International) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.92

1.05

2.70

5.41

4.68

Orient Overseas (International) 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															2.70	4.25	5.41	4.73	4.68

Competitive Comparison of Orient Overseas (International)'s Cash-to-Debt

For the Marine Shipping subindustry, Orient Overseas (International)'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.

Orient Overseas (International)'s Cash-to-Debt Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Orient Overseas (International)'s Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Orient Overseas (International)'s Cash-to-Debt falls into.

Orient Overseas (International) 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.

Orient Overseas (International)'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)
	=	52603.697	/	(4052.255	+	7180.096)
	=	4.68

Orient Overseas (International)'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)
	=	52603.697	/	(4052.255	+	7180.096)
	=	4.68

Orient Overseas (International) (HKSE:00316) 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.

Orient Overseas (International) Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Orient Overseas (International)'s Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Orient Overseas (International) (HKSE:00316) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Orient Overseas (International) Ltd (HKSE:00316) » Definitions » Cash-to-Debt

Traded in Other Exchanges

OROVY:USA OROVF:USA ORI1:Germany

Address

25 Harbour Road, 31st Floor, Harbour Centre, Wanchai, Hong Kong, HKG

Website

https://www.ooilgroup.com

Orient Overseas (International) Ltd is engaged in container transport and logistics. Container transport and logistics include containerized shipping services in majorly trade lanes, covering Trans-Pacific, Trans-Atlantic, Asia/Europe, Asia/Australia, and Intra-Asia trades, and integrated services over the management and control of effective storage and flow of goods. Revenue comprises gross freight income, charter hire, service, and other income from the operation of the container transport and logistics and rental income from the investment property.

Orient Overseas (International) (HKSE:00316) Headlines

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