CIFI Holdings (Group) Co (FRA:6CI) Cash-to-Debt : 0.14 (As of Dec. 2023)

View and export this data going back to 2012. Start your Free Trial

What is CIFI Holdings (Group) 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. CIFI Holdings (Group) Co's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.14.

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, CIFI Holdings (Group) Co 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 CIFI Holdings (Group) Co's Cash-to-Debt or its related term are showing as below:

FRA:6CI' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.14 Med: 0.54 Max: 0.7
Current: 0.14

During the past 13 years, CIFI Holdings (Group) Co's highest Cash to Debt Ratio was 0.70. The lowest was 0.14. And the median was 0.54.

FRA:6CI's Cash-to-Debt is ranked worse than
63.21% of 1794 companies
in the Real Estate industry
Industry Median: 0.255 vs FRA:6CI: 0.14

CIFI Holdings (Group) Co Cash-to-Debt Historical Data

The historical data trend for CIFI Holdings (Group) 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.

* Premium members only.

CIFI Holdings (Group) Co Cash-to-Debt Chart

CIFI Holdings (Group) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.57

0.49

0.41

0.19

0.14

CIFI Holdings (Group) 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															0.41	0.27	0.19	0.19	0.14

Competitive Comparison of CIFI Holdings (Group) Co's Cash-to-Debt

For the Real Estate - Development subindustry, CIFI Holdings (Group) 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.

CIFI Holdings (Group) Co's Cash-to-Debt Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, CIFI Holdings (Group) Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where CIFI Holdings (Group) Co's Cash-to-Debt falls into.

CIFI Holdings (Group) 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.

CIFI Holdings (Group) 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)
	=	1637.975	/	(8901.872	+	2970.628)
	=	0.14

CIFI Holdings (Group) 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)
	=	1637.975	/	(8901.872	+	2970.628)
	=	0.14

CIFI Holdings (Group) Co (FRA:6CI) 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.

CIFI Holdings (Group) Co Cash-to-Debt Related Terms

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

CIFI Holdings (Group) Co (FRA:6CI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » CIFI Holdings (Group) Co Ltd (FRA:6CI) » Definitions » Cash-to-Debt

Traded in Other Exchanges

00884:Hong Kong

Address

Lane 1088, No. 39 Shenhong Road, CIFI Center, Minhang District, Shanghai, CHN, 201106

Website

https://www.cifi.com.cn

CIFI Holdings (Group) Co Ltd is engaged in property development and property investment, provision of property management services in China. The group has property projects in cities in four regions: the Yangtze River Delta, the Pan Bohai Rim, the Central Western Region, and the South China Region. Most of the group's sales were contracted from the Yangtze River Delta. Regardless of the region, residential properties make up a significant majority of contracted sales. The group focuses on properties in first and second-tier cities in China. The group's projects include a variety of property types such as residential, office, and commercial complexes. The group's operations are carried out in the People's Republic of China.

CIFI Holdings (Group) Co (FRA:6CI) Headlines

No Headlines