Shanghai Zendai Property (HKSE:00755) Cash-to-Debt : 0.06 (As of Dec. 2023)

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What is Shanghai Zendai Property 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. Shanghai Zendai Property's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.06.

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, Shanghai Zendai Property 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 Shanghai Zendai Property's Cash-to-Debt or its related term are showing as below:

HKSE:00755' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.03 Med: 0.07 Max: 0.15
Current: 0.06

During the past 13 years, Shanghai Zendai Property's highest Cash to Debt Ratio was 0.15. The lowest was 0.03. And the median was 0.07.

HKSE:00755's Cash-to-Debt is ranked worse than
78.4% of 1792 companies
in the Real Estate industry
Industry Median: 0.255 vs HKSE:00755: 0.06

Shanghai Zendai Property Cash-to-Debt Historical Data

The historical data trend for Shanghai Zendai Property'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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Shanghai Zendai Property Cash-to-Debt Chart

Shanghai Zendai Property Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.07

0.04

0.03

0.07

0.06

Shanghai Zendai Property 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															0.03	0.08	0.07	0.05	0.06

Competitive Comparison of Shanghai Zendai Property's Cash-to-Debt

For the Real Estate - Development subindustry, Shanghai Zendai Property'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.

Shanghai Zendai Property's Cash-to-Debt Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Shanghai Zendai Property's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Shanghai Zendai Property's Cash-to-Debt falls into.

Shanghai Zendai Property 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.

Shanghai Zendai Property'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)
	=	115.011	/	(1207.489	+	617.882)
	=	0.06

Shanghai Zendai Property'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)
	=	115.011	/	(1207.489	+	617.882)
	=	0.06

Shanghai Zendai Property (HKSE:00755) 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.

Shanghai Zendai Property Cash-to-Debt Related Terms

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

Shanghai Zendai Property (HKSE:00755) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Shanghai Zendai Property Ltd (HKSE:00755) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

18 Harbour Road, Unit 6508, 65th Floor, Central Plaza, Wanchai, Hong Kong, HKG

Website

http://www.zendaiproperty.com

Shanghai Zendai Property Ltd is an investment holding company engaged in the property development business. It is organized into three operating segments which comprise Sales of properties; Hotel operations; and Property rental, management, and agency services. The majority of its revenue is derived from the Sales of properties segment. All of the group's revenues are derived from the People's Republic of China.

Executives

China Orient Asset Management (international) Holding Limited	2106 Person having a security interest in shares
China Orient Asset Management Co., Ltd.	2201 Interest of corporation controlled by you
Dong Yin Development (holdings) Limited	2201 Interest of corporation controlled by you
Wise Leader Assets Ltd.	2201 Interest of corporation controlled by you
Nantong Sanjian Holding (hk) Co., Limited	2101 Beneficial owner
Nan Tong San Jian Kong Gu You Xian Gong Si	2106 Person having a security interest in shares

Shanghai Zendai Property (HKSE:00755) Headlines

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