China Infrastructure Investment (HKSE:00600) Cash-to-Debt : 0.03 (As of Dec. 2023)

View and export this data going back to 1993. Start your Free Trial

What is China Infrastructure 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. China Infrastructure Investment's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.03.

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

HKSE:00600' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.19 Max: No Debt
Current: 0.03

During the past 13 years, China Infrastructure Investment's highest Cash to Debt Ratio was No Debt. The lowest was 0.02. And the median was 0.19.

HKSE:00600's Cash-to-Debt is not ranked
in the Oil & Gas industry.
Industry Median: 0.47 vs HKSE:00600: 0.03

China Infrastructure Investment Cash-to-Debt Historical Data

The historical data trend for China Infrastructure 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.

* Premium members only.

China Infrastructure Investment Cash-to-Debt Chart

China Infrastructure Investment Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.02

0.16

0.02

0.03

China Infrastructure 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															0.02	0.03	0.02	0.01	0.03

Competitive Comparison of China Infrastructure Investment's Cash-to-Debt

For the Oil & Gas Equipment & Services subindustry, China Infrastructure 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.

China Infrastructure Investment's Cash-to-Debt Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, China Infrastructure Investment's Cash-to-Debt distribution charts can be found below:

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

China Infrastructure 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.

China Infrastructure 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)
	=	3.565	/	(115	+	0)
	=	0.03

China Infrastructure 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)
	=	3.565	/	(115	+	0)
	=	0.03

China Infrastructure Investment (HKSE:00600) 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 Infrastructure Investment Cash-to-Debt Related Terms

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

China Infrastructure Investment (HKSE:00600) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » China Infrastructure Investment Ltd (HKSE:00600) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

5 Canton Road, Suite 607, 6th Floor, Ocean Centre, Tsim Sha Tsui, Kowloon, Hong Kong, HKG

Website

http://www.china-infrastructure.com

China Infrastructure Investment Ltd operates as an investment holding company. It operates through the following segments: Properties Investment, Natural Gas, and Investment Holding. The Properties Investment segment engages in rental income from investment properties. The Natural Gas segment engages in sales of natural pipelined gases and its construction materials. The Investment Holding segment offers investment in associates on a geographical basis. It derives key revenue from the Properties Investment, segment. The group operates in China.

Executives

Wang Dade	2101 Beneficial owner
Central Huijin Investment Ltd.	2106 Person having a security interest in shares
China Construction Bank Corporation	2106 Person having a security interest in shares
Legendary Base International Limited	2101 Beneficial owner
Ye De Chao	2201 Interest of corporation controlled by you

China Infrastructure Investment (HKSE:00600) Headlines

No Headlines