Liu Chong Hing Investment (HKSE:00194) Cash-to-Debt : 0.51 (As of Dec. 2023)

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What is Liu Chong Hing 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. Liu Chong Hing Investment's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.51.

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

HKSE:00194' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.51 Med: 1.34 Max: 2.88
Current: 0.51

During the past 13 years, Liu Chong Hing Investment's highest Cash to Debt Ratio was 2.88. The lowest was 0.51. And the median was 1.34.

HKSE:00194's Cash-to-Debt is ranked better than
65.3% of 1781 companies
in the Real Estate industry
Industry Median: 0.26 vs HKSE:00194: 0.51

Liu Chong Hing Investment Cash-to-Debt Historical Data

The historical data trend for Liu Chong Hing 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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Liu Chong Hing Investment Cash-to-Debt Chart

Liu Chong Hing Investment Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

1.36

1.32

1.09

0.75

0.51

Liu Chong Hing 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															1.09	0.87	0.75	0.58	0.51

Competitive Comparison of Liu Chong Hing Investment's Cash-to-Debt

For the Real Estate - Development subindustry, Liu Chong Hing 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.

Liu Chong Hing Investment's Cash-to-Debt Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Liu Chong Hing Investment's Cash-to-Debt distribution charts can be found below:

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

Liu Chong Hing 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.

Liu Chong Hing 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)
	=	1216.789	/	(1775.691	+	629.514)
	=	0.51

Liu Chong Hing 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)
	=	1216.789	/	(1775.691	+	629.514)
	=	0.51

Liu Chong Hing Investment (HKSE:00194) 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.

Liu Chong Hing Investment Cash-to-Debt Related Terms

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Liu Chong Hing Investment (HKSE:00194) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Liu Chong Hing Investment Ltd (HKSE:00194) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

24 Des Voeux Road Central, 23rd Floor, Chong Hing Bank Centre, Hong Kong, HKG

Website

https://www.lchi.com.hk

Liu Chong Hing Investment Ltd is an investment holding company engaged in property investment and property development. It has six operating segments the Property Investment segment is engaged in the investment and leasing of properties; the Property Development segment is engaged in the development and sales of properties; the Property Management segment is engaged in the provision of property management services; Treasury Investment is engaged in dealing and investing in securities and other financial instruments; Trading and Manufacturing segment is engaged in the manufacture and wholesale of magnetic products; Hotel Operation segment is engaged in the operation and management of hotels, and it derives the maximum revenue from the Property investment segment.

Executives

Alba Holdings Limited	2101 Beneficial owner
Liu Lit Chi	2201 Interest of corporation controlled by you

Liu Chong Hing Investment (HKSE:00194) Headlines

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