Yuan Heng Gas Holdings (HKSE:00332) Cash-to-Debt : 0.02 (As of Sep. 2023)

View and export this data going back to 1992. Start your Free Trial

What is Yuan Heng Gas Holdings 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. Yuan Heng Gas Holdings's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.02.

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, Yuan Heng Gas Holdings couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

The historical rank and industry rank for Yuan Heng Gas Holdings's Cash-to-Debt or its related term are showing as below:

HKSE:00332' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.07 Max: 0.92
Current: 0.02

During the past 13 years, Yuan Heng Gas Holdings's highest Cash to Debt Ratio was 0.92. The lowest was 0.02. And the median was 0.07.

HKSE:00332's Cash-to-Debt is ranked worse than
93.09% of 1027 companies
in the Oil & Gas industry
Industry Median: 0.49 vs HKSE:00332: 0.02

Yuan Heng Gas Holdings Cash-to-Debt Historical Data

The historical data trend for Yuan Heng Gas Holdings'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.

Yuan Heng Gas Holdings Cash-to-Debt Chart

Yuan Heng Gas Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

Get a 7-Day Free Trial

0.05

0.02

0.04

0.12

0.06

Yuan Heng Gas Holdings Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial															0.07	0.12	0.06	0.06	0.02

Competitive Comparison of Yuan Heng Gas Holdings's Cash-to-Debt

For the Oil & Gas Refining & Marketing subindustry, Yuan Heng Gas Holdings'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.

Yuan Heng Gas Holdings's Cash-to-Debt Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Yuan Heng Gas Holdings's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Yuan Heng Gas Holdings's Cash-to-Debt falls into.

Yuan Heng Gas Holdings 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.

Yuan Heng Gas Holdings's Cash to Debt Ratio for the fiscal year that ended in Mar. 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)
	=	89.045	/	(1287.053	+	168.231)
	=	0.06

Yuan Heng Gas Holdings's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	25.911	/	(1344.893	+	0.276)
	=	0.02

Yuan Heng Gas Holdings (HKSE:00332) 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.

Yuan Heng Gas Holdings Cash-to-Debt Related Terms

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

Yuan Heng Gas Holdings (HKSE:00332) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Yuan Heng Gas Holdings Ltd (HKSE:00332) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

16 Harcourt Road, Room 4102, 41st Floor, Far East Finance Centre, Hong Kong, HKG

Website

https://www.yuanhenggas.com

Yuan Heng Gas Holdings Ltd is an investment holding company. The company's operating segment includes production and sales of LNG, oil and gas transactions, and piped gas. The majority of the revenue is generated from oil and gas transactions. Its geographical segments include the People's Republic of China(PRC), Hong Kong, and Singapore, of which the majority of the revenue comes from PRC.

Yuan Heng Gas Holdings (HKSE:00332) Headlines

No Headlines