China Finance Investment Holdings (HKSE:00875) Cash-to-Debt : 0.02 (As of Dec. 2023)

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What is China Finance Investment 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. China Finance Investment Holdings's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.02.

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, China Finance Investment Holdings 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 China Finance Investment Holdings's Cash-to-Debt or its related term are showing as below:

HKSE:00875' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.12 Max: 0.4
Current: 0.02

During the past 13 years, China Finance Investment Holdings's highest Cash to Debt Ratio was 0.40. The lowest was 0.02. And the median was 0.12.

HKSE:00875's Cash-to-Debt is ranked worse than
93.92% of 1793 companies
in the Consumer Packaged Goods industry
Industry Median: 0.52 vs HKSE:00875: 0.02

China Finance Investment Holdings Cash-to-Debt Historical Data

The historical data trend for China Finance Investment 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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China Finance Investment Holdings Cash-to-Debt Chart

China Finance Investment Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.13

0.21

0.40

0.03

0.02

China Finance Investment Holdings 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															0.40	0.07	0.03	0.04	0.02

Competitive Comparison of China Finance Investment Holdings's Cash-to-Debt

For the Farm Products subindustry, China Finance Investment 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.

China Finance Investment Holdings's Cash-to-Debt Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, China Finance Investment Holdings's Cash-to-Debt distribution charts can be found below:

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

China Finance Investment 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.

China Finance Investment 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)
	=	7.654	/	(358.561	+	27.95)
	=	0.02

China Finance Investment Holdings'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)
	=	7.654	/	(358.561	+	27.95)
	=	0.02

China Finance Investment Holdings (HKSE:00875) 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 Finance Investment Holdings Cash-to-Debt Related Terms

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

China Finance Investment Holdings (HKSE:00875) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » China Finance Investment Holdings Ltd (HKSE:00875) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 3 Salisbury Road, Unit 32A, 15th Floor, Star House, Tsim Sha Tsui, Kowloon, Hong Kong, HKG

Website

https://www.cfih.hk

China Finance Investment Holdings Ltd is engaged in growing of agricultural produce, trading of agricultural and meat produce, poultry, seafood and prepared food in the PRC. The company has only one operating and reportable segment, being agricultural and meat business. The company earns majority of its revenue from the PRC.

China Finance Investment Holdings (HKSE:00875) Headlines

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