Zhongchang International Holdings Group (HKSE:00859) Cash-to-Debt : 0.14 (As of Dec. 2023)

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What is Zhongchang International Holdings 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. Zhongchang International Holdings Group's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.14.

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, Zhongchang International Holdings Group 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 Zhongchang International Holdings Group's Cash-to-Debt or its related term are showing as below:

HKSE:00859' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.08 Med: 0.24 Max: 1.3
Current: 0.14

During the past 13 years, Zhongchang International Holdings Group's highest Cash to Debt Ratio was 1.30. The lowest was 0.08. And the median was 0.24.

HKSE:00859's Cash-to-Debt is ranked worse than
63.52% of 1790 companies
in the Real Estate industry
Industry Median: 0.255 vs HKSE:00859: 0.14

Zhongchang International Holdings Group Cash-to-Debt Historical Data

The historical data trend for Zhongchang International Holdings 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.

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Zhongchang International Holdings Group Cash-to-Debt Chart

Zhongchang International Holdings Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.13

0.22

0.16

0.08

0.14

Zhongchang International Holdings Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.16	0.14	0.08	0.05	0.14

Competitive Comparison of Zhongchang International Holdings Group's Cash-to-Debt

For the Real Estate Services subindustry, Zhongchang International Holdings 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.

Zhongchang International Holdings Group's Cash-to-Debt Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Zhongchang International Holdings Group's Cash-to-Debt distribution charts can be found below:

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

Zhongchang International Holdings 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.

Zhongchang International Holdings Group'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)
	=	123.047	/	(871.729	+	0.702)
	=	0.14

Zhongchang International Holdings Group'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)
	=	123.047	/	(871.729	+	0.702)
	=	0.14

Zhongchang International Holdings Group (HKSE:00859) 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.

Zhongchang International Holdings Group Cash-to-Debt Related Terms

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

Zhongchang International Holdings Group (HKSE:00859) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Zhongchang International Holdings Group Ltd (HKSE:00859) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Matheson Street, Suite 1711, Tower 2, Times Square, Causeway Bay, Hong Kong, HKG

Website

https://www.zhongchangintl.hk

Zhongchang International Holdings Group Ltd is an investment holding company. The firm operates in the segments of Property Investment. The Property Investment segment engages in the leasing of investment properties. The company generates all of its revenue from rental income in Hong Kong.

Executives

China Cinda (hk) Asset Management Co., Limited	2201 Interest of corporation controlled by you
China Cinda (hk) Holdings Company Limited	2201 Interest of corporation controlled by you
China Cinda Asset Management Co., Ltd.	2201 Interest of corporation controlled by you
Bonds Chan Family Holdings (ptc) Ltd.	2201 Interest of corporation controlled by you
Chen Jianming	2201 Interest of corporation controlled by you
Chen Yanhong	2202 Interest of your spouse
Sansheng Hongye (hong Kong) Limited	2101 Beneficial owner
Shang Hai San Sheng Hong Ye Tou Zi Ji Tuan You Xian Ze Ren Gong Si	2201 Interest of corporation controlled by you
Shang Hai San Sheng Fang Di Chan Ji Tuan You Xian Ze Ren Gong Si	2201 Interest of corporation controlled by you
China Cinda (hk) Holdings Company Limited	2201 Interest of corporation controlled by you
Dcp China Credit Fund I, L.p.	2201 Interest of corporation controlled by you
Dignari Capital Partners Gp Limited	2201 Interest of corporation controlled by you
Tan Mei Zie Grace	2201 Interest of corporation controlled by you
Fu Yan	2202 Interest of your spouse
Chen Lijun	2201 Interest of corporation controlled by you

Zhongchang International Holdings Group (HKSE:00859) Headlines

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