China Merchants Port Holdings Co (China Merchants Port Holdings Co) Cash-to-Debt : 0.32 (As of Jun. 2023)

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China Merchants Port Holdings Co Cash-to-Debt Definition

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 Merchants Port Holdings Co's cash to debt ratio for the quarter that ended in Jun. 2023 was 0.32.

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 Merchants Port Holdings Co 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 Merchants Port Holdings Co's Cash-to-Debt or its related term are showing as below:

CMHHY' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.14 Med: 0.27 Max: 0.67
Current: 0.42

During the past 13 years, China Merchants Port Holdings Co's highest Cash to Debt Ratio was 0.67. The lowest was 0.14. And the median was 0.27.

CMHHY's Cash-to-Debt is ranked worse than
54.72% of 965 companies
in the Transportation industry
Industry Median: 0.49 vs CMHHY: 0.42

China Merchants Port Holdings Co Cash-to-Debt Historical Data

The historical data trend for China Merchants Port Holdings 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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China Merchants Port Holdings Co Cash-to-Debt Chart

China Merchants Port Holdings Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.22

0.28

0.35

0.34

0.42

China Merchants Port Holdings Co 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															0.35	0.26	0.34	0.32	0.42

Competitive Comparison of China Merchants Port Holdings Co's Cash-to-Debt

For the Marine Shipping subindustry, China Merchants Port Holdings 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.

China Merchants Port Holdings Co Cash-to-Debt Distribution

For the Transportation industry and Industrials sector, China Merchants Port Holdings Co's Cash-to-Debt distribution charts can be found below:

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

China Merchants Port Holdings 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.

China Merchants Port Holdings Co'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)
	=	1553.806	/	(2135.536	+	2421.584)
	=	0.34

China Merchants Port Holdings Co'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)
	=	1379.293	/	(1628.367	+	2682.625)
	=	0.32

China Merchants Port Holdings Co (OTCPK:CMHHY) 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 Merchants Port Holdings Co Cash-to-Debt Related Terms

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China Merchants Port Holdings Co (China Merchants Port Holdings Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » China Merchants Port Holdings Co Ltd (OTCPK:CMHHY) » Definitions » Cash-to-Debt

Traded in Other Exchanges

CMHHF:USA 00144:Hong Kong CPM:Germany

Address

168-200 Connaught Road Central, 38th Floor, China Merchants Tower, Shun Tak Centre, Hong Kong, HKG

Website

https://www.cmport.com.hk

China Merchants Port Holdings Co Ltd is a port operator. It has a geographically diversified port network stretching across China's coastline, as well as growing exposure in overseas ports. The company also provides bonded logistic park operation, along with property development through its associates and joint-controlled entities. Its operating segment includes Ports operation and Other operations. The company generates maximum revenue from the Ports operation segment.

China Merchants Port Holdings Co (China Merchants Port Holdings Co) Headlines

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