Prosperity International Holdings (H.K.) (HKSE:00803) Cash-to-Debt : 0.25 (As of Sep. 2020)

View and export this data going back to 2001. Start your Free Trial

What is Prosperity International Holdings (H.K.) 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. Prosperity International Holdings (H.K.)'s cash to debt ratio for the quarter that ended in Sep. 2020 was 0.25.

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, Prosperity International Holdings (H.K.) couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2020.

The historical rank and industry rank for Prosperity International Holdings (H.K.)'s Cash-to-Debt or its related term are showing as below:

HKSE:00803's Cash-to-Debt is not ranked ^*
in the Steel industry.
Industry Median: 0.44
* Ranked among companies with meaningful Cash-to-Debt only.

Prosperity International Holdings (H.K.) Cash-to-Debt Historical Data

The historical data trend for Prosperity International Holdings (H.K.)'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.

Prosperity International Holdings (H.K.) Cash-to-Debt Chart

Prosperity International Holdings (H.K.) Annual Data

Trend

Mar11

Mar12

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Cash-to-Debt

Get a 7-Day Free Trial

0.24

0.27

0.26

0.19

0.15

Prosperity International Holdings (H.K.) Semi-Annual Data
	Mar11	Sep11	Mar12	Sep12	Mar13	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20
Cash-to-Debt	Get a 7-Day Free Trial															0.19	0.19	0.16	0.15	0.25

Competitive Comparison of Prosperity International Holdings (H.K.)'s Cash-to-Debt

For the Steel subindustry, Prosperity International Holdings (H.K.)'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.

Prosperity International Holdings (H.K.)'s Cash-to-Debt Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Prosperity International Holdings (H.K.)'s Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Prosperity International Holdings (H.K.)'s Cash-to-Debt falls into.

Prosperity International Holdings (H.K.) 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.

Prosperity International Holdings (H.K.)'s Cash to Debt Ratio for the fiscal year that ended in Mar. 2020 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)
	=	296.645	/	(1947.127	+	56.585)
	=	0.15

Prosperity International Holdings (H.K.)'s Cash to Debt Ratio for the quarter that ended in Sep. 2020 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)
	=	391.707	/	(1544.876	+	40.019)
	=	0.25

Prosperity International Holdings (H.K.) (HKSE:00803) 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.

Prosperity International Holdings (H.K.) Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Prosperity International Holdings (H.K.)'s Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Prosperity International Holdings (H.K.) (HKSE:00803) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Prosperity International Holdings (H.K.) Ltd (HKSE:00803) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

43-59 Queen’s Road East, Units 1405-1407 Dominion Centre, Wan Chai, Hong Kong, HKG

Website

http://www.pihl-hk.com

Prosperity International Holdings (H.K.) Ltd is a Hong Kong-based investment holding company. Its operating segment includes Real estate investment and development; Mining and trading of iron ore and raw materials; Trading of clinker, cement, and other building materials, and Others. It generates maximum revenue from the Real estate investment and development segment. Geographically, it derives a majority of revenue from the PRC and also has a presence in Macau, Malaysia, Taiwan, and Other Countries.

Prosperity International Holdings (H.K.) (HKSE:00803) Headlines

No Headlines