Henderson Investment (Henderson Investment) Cash-to-Debt : 0.09 (As of Dec. 2023)

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What is Henderson Investment 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. Henderson Investment's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.09.

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, Henderson Investment 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 Henderson Investment's Cash-to-Debt or its related term are showing as below:

HDVTY' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.09 Med: 5000.36 Max: No Debt
Current: 0.09

During the past 13 years, Henderson Investment's highest Cash to Debt Ratio was No Debt. The lowest was 0.09. And the median was 5000.36.

HDVTY's Cash-to-Debt is ranked worse than
84.52% of 1111 companies
in the Retail - Cyclical industry
Industry Median: 0.47 vs HDVTY: 0.09

Henderson Investment Cash-to-Debt Historical Data

The historical data trend for Henderson Investment'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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Henderson Investment Cash-to-Debt Chart

Henderson Investment Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.44

0.62

0.72

0.35

0.09

Henderson Investment 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															0.72	0.32	0.35	0.22	0.09

Competitive Comparison of Henderson Investment's Cash-to-Debt

For the Department Stores subindustry, Henderson Investment'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.

Henderson Investment's Cash-to-Debt Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Henderson Investment's Cash-to-Debt distribution charts can be found below:

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

Henderson Investment 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.

Henderson Investment'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)
	=	10.884	/	(32.651	+	85.662)
	=	0.09

Henderson Investment'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)
	=	10.884	/	(32.651	+	85.662)
	=	0.09

Henderson Investment (OTCPK:HDVTY) 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.

Henderson Investment Cash-to-Debt Related Terms

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

Henderson Investment (Henderson Investment) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Henderson Investment Ltd (OTCPK:HDVTY) » Definitions » Cash-to-Debt

Traded in Other Exchanges

00097:Hong Kong HI7:Germany

Address

8 Finance Street, 72-76th Floor, Two International Finance Centre, Central, Hong Kong, HKG

Website

https://www.hilhk.com

Henderson Investment Ltd is a Hong Kong-based investment holding company engaged in the operation and management of department stores, household specialty stores and supermarket-cum-stores operations. The company operates Citistore department stores, such as specialty stores and needle and line specialty stores. The company generates revenue from the sale of goods from its departmental and specialty stores. The company generates majority of its revenue in Hong Kong.

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