China Water Industry Group (FRA:HAU2) Cash-to-Debt : 0.15 (As of Dec. 2023)

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What is China Water Industry 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. China Water Industry Group's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.15.

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 Water Industry Group 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 China Water Industry Group's Cash-to-Debt or its related term are showing as below:

FRA:HAU2' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.15 Med: 0.44 Max: 2.13
Current: 0.15

During the past 13 years, China Water Industry Group's highest Cash to Debt Ratio was 2.13. The lowest was 0.15. And the median was 0.44.

FRA:HAU2's Cash-to-Debt is ranked worse than
61.78% of 505 companies
in the Utilities - Regulated industry
Industry Median: 0.25 vs FRA:HAU2: 0.15

China Water Industry Group Cash-to-Debt Historical Data

The historical data trend for China Water Industry 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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China Water Industry Group Cash-to-Debt Chart

China Water Industry Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.40

0.36

0.28

0.15

China Water Industry Group 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															0.36	0.26	0.28	0.11	0.15

Competitive Comparison of China Water Industry Group's Cash-to-Debt

For the Utilities - Regulated Water subindustry, China Water Industry 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.

China Water Industry Group's Cash-to-Debt Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, China Water Industry Group's Cash-to-Debt distribution charts can be found below:

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

China Water Industry 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.

China Water Industry Group'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)
	=	17.016	/	(51.734	+	63.596)
	=	0.15

China Water Industry Group'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)
	=	17.016	/	(51.734	+	63.596)
	=	0.15

China Water Industry Group (FRA:HAU2) 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 Water Industry Group Cash-to-Debt Related Terms

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China Water Industry Group (FRA:HAU2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » China Water Industry Group Ltd (FRA:HAU2) » Definitions » Cash-to-Debt

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01129:Hong Kong

Address

Dashi First Road, Xili Community, Xili Street, Room 2204, 22nd Floor, Block A, Building 6, Shenzhen International Innovation Valley, Nanshan District, Shenzhen, CHN

Website

https://www.chinawaterind.com

China Water Industry Group Ltd is an investment holding company engaged in the water supplying and energy related business. The company operates in three business segments. Provision of water supply, sewage treatment, and construction services segment, which derives revenue from provision of water supply and sewage treatment operations and related construction services; Exploitation and sale of renewable energy segment, which derives revenues from the sale of electricity and compressed natural gas from biogas power plants; and Property investment and development segment that derives revenues from the sale of commercial and residential units.

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