China Silver Group (HKSE:00815) Cash-to-Debt : 1.38 (As of Jun. 2023)

View and export this data going back to 2012. Start your Free Trial

What is China Silver Group 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 Silver Group's cash to debt ratio for the quarter that ended in Jun. 2023 was 1.38.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, China Silver Group could pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

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

HKSE:00815' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.03 Med: 5.06 Max: 33.02
Current: 1.23

During the past 13 years, China Silver Group's highest Cash to Debt Ratio was 33.02. The lowest was 0.03. And the median was 5.06.

HKSE:00815's Cash-to-Debt is ranked worse than
66.87% of 2635 companies
in the Metals & Mining industry
Industry Median: 17.77 vs HKSE:00815: 1.23

China Silver Group Cash-to-Debt Historical Data

The historical data trend for China Silver Group'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 Silver Group Cash-to-Debt Chart

China Silver Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

4.44

5.33

1.33

1.43

1.23

China Silver Group 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															1.33	1.54	1.43	1.38	1.23

Competitive Comparison of China Silver Group's Cash-to-Debt

For the Other Precious Metals & Mining subindustry, China Silver Group'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 Silver Group's Cash-to-Debt Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, China Silver Group's Cash-to-Debt distribution charts can be found below:

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

China Silver Group 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 Silver Group's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 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)
	=	657.996	/	(457.968	+	1.919)
	=	1.43

China Silver Group's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	654.326	/	(472.991	+	2.62)
	=	1.38

China Silver Group (HKSE:00815) 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 Silver Group Cash-to-Debt Related Terms

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

China Silver Group (HKSE:00815) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » China Silver Group ltd (HKSE:00815) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

2CS:Germany

Address

No. 99 Beili North Road, Shuibei International, 29th Floor, Luohu District, Guangdong, Shenzhen, CHN

Website

http://www.chinasilver.hk

China Silver Group Ltd is an investment holding company. Its operating segment includes Manufacturing; New Jewellery Retail, Fresh Food Retail, and Silver Exchange segment. It generates maximum revenue from the Fresh Food Retail segment; its manufacturing segment is involved in the manufacture and sales of silver ingots and other non-ferrous metals in China; Its New Jewellery Retail segment is engaged in the designing and sales of gold, silver, gem-set, and jewelry products in China; the Silver Exchange segment is engaged in providing a professional electronic platform, and related services for the trading of silver ingots; Fresh Food Retail segment provide integrated online-and-offline sales of fresh food in the PRC. Geographically, its operations are located in the PRC.

China Silver Group (HKSE:00815) Headlines

No Headlines