Fullshare Holdings (HKSE:00607) Cash-to-Debt : 0.43 (As of Jun. 2024)

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What is Fullshare 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. Fullshare Holdings's cash to debt ratio for the quarter that ended in Jun. 2024 was 0.43.

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, Fullshare Holdings couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2024.

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

HKSE:00607' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.08 Med: 0.94 Max: 4.46
Current: 0.63

During the past 13 years, Fullshare Holdings's highest Cash to Debt Ratio was 4.46. The lowest was 0.08. And the median was 0.94.

HKSE:00607's Cash-to-Debt is ranked worse than
63.2% of 3011 companies
in the Industrial Products industry
Industry Median: 1.26 vs HKSE:00607: 0.63

Fullshare Holdings Cash-to-Debt Historical Data

The historical data trend for Fullshare 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.

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Fullshare Holdings Cash-to-Debt Chart

Fullshare Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash-to-Debt

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1.18

0.99

1.14

0.80

0.63

Fullshare Holdings Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Cash-to-Debt	Get a 7-Day Free Trial															1.14	0.55	0.80	0.43	0.63

Competitive Comparison of Fullshare Holdings's Cash-to-Debt

For the Specialty Industrial Machinery subindustry, Fullshare 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.

Fullshare Holdings's Cash-to-Debt Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Fullshare Holdings's Cash-to-Debt distribution charts can be found below:

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

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Fullshare 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.

Fullshare Holdings'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)
	=	12669.338	/	(10620.973	+	5234.658)
	=	0.80

Fullshare Holdings's Cash to Debt Ratio for the quarter that ended in Jun. 2024 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)
	=	7538.29	/	(12239.29	+	5237.371)
	=	0.43

Fullshare Holdings (HKSE:00607) 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.

Fullshare Holdings Cash-to-Debt Related Terms

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Fullshare Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Fullshare Holdings Ltd (HKSE:00607) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

18 Harcourt Road, Unit 2805, Level 28, Admiralty Centre Tower 1, Admiralty, Hong Kong, HKG

Website

https://www.fullshare.com

Fullshare Holdings Ltd is an investment holding company. The company operates through the following segments: properties; tourism; healthcare, education, and others; Investment and financial services; and New energy. The company derives the majority of its revenue from the new energy segment that involves the research, development, manufacture, and distribution of mechanical transmission equipment used in wind power and a wide range of industrial applications. Its geographical segments are China, the United States, Europe, Australia, and other countries. China accounts for the majority of the company's annual revenue.

Executives

Guo Xichu (in The Capacity As The Receiver)	2501 Other
Chan Man Hoi (in The Capacity As The Receiver)	2501 Other
Jiang Xiao Heng Jason
Zhang Hong Yun
Ji Changqun
Wu Jianzhong
Magnolia Wealth International Limited
Chan Chi Chung (in The Capacity As The Receiver)	2501 Other
Jiangsu Non-state-owned Investment Holding Co., Ltd	2201 Interest of corporation controlled by you
Sumin Hongkong Limited	2101 Beneficial owner
Cai Bao Chang	2101 Beneficial owner
Feng Jun Huo	2101 Beneficial owner
Zhong Xin Yin Hang Gu Fen You Xian Gong Si
Zhong Guo Chang Cheng Zi Chan Guan Li Gu Fen You Xian Gong Si
Zhong Guo Hua Rong Zi Chan Guan Li Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you

Fullshare Holdings Headlines

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