Sunland Group (Sunland Group) Cash-to-Debt : No Debt ⁽¹⁾ (As of Jun. 2023)

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What is Sunland Group 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. Sunland Group's cash to debt ratio for the quarter that ended in Jun. 2023 was No Debt ⁽¹⁾.

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, Sunland Group could pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

(1) 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.

The historical rank and industry rank for Sunland Group's Cash-to-Debt or its related term are showing as below:

SNLGF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.06 Med: 0.13 Max: No Debt
Current: No Debt

During the past 13 years, Sunland Group's highest Cash to Debt Ratio was No Debt. The lowest was 0.06. And the median was 0.13.

SNLGF's Cash-to-Debt is not ranked
in the Real Estate industry.
Industry Median: 0.26 vs SNLGF: No Debt

Sunland Group Cash-to-Debt Historical Data

The historical data trend for Sunland Group'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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Sunland Group Cash-to-Debt Chart

Sunland Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

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0.16

0.07

0.08

5.35

No Debt

Sunland Group Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Cash-to-Debt	Get a 7-Day Free Trial															0.08	2.48	5.35	No Debt	No Debt

Competitive Comparison of Sunland Group's Cash-to-Debt

For the Real Estate - Development subindustry, Sunland Group'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.

Sunland Group's Cash-to-Debt Distribution in the Real Estate Industry

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

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

Sunland Group 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.

Sunland Group's Cash to Debt Ratio for the fiscal year that ended in Jun. 2023 is calculated as:

Sunland Group had no debt ⁽¹⁾.

Sunland Group's Cash to Debt Ratio for the quarter that ended in Jun. 2023 is calculated as:

Sunland Group had no debt ⁽¹⁾.

Sunland Group (OTCPK:SNLGF) 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.

Sunland Group Cash-to-Debt Related Terms

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

Sunland Group (Sunland Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Sunland Group Ltd (OTCPK:SNLGF) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

12 Creek Street, Brisbane, QLD, AUS, 4000

Website

https://www.sunlandgroup.com.au

Sunland Group Ltd is a real estate development company. The company's operating segment includes Land and Housing; Multistorey and Other. It generates maximum revenue from the Multistorey segment. Land and Housing segment comprises of medium-density integrated housing developments and land subdivision. The MultiStorey segment comprises of medium-rise apartment projects generally between five and 15 storeys and high-rise developments above 15 storeys. It derives revenue from the sale of properties.

Sunland Group (Sunland Group) Headlines

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Sunland Group (Sunland Group) Cash-to-Debt : No Debt (1) (As of Jun. 2023)