Zhongzheng International Co (HKSE:00943) Cash-to-Debt : 0.03 (As of Dec. 2023)

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What is Zhongzheng International Co 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. Zhongzheng International Co's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.03.

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, Zhongzheng International Co 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 Zhongzheng International Co's Cash-to-Debt or its related term are showing as below:

HKSE:00943' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.25 Max: 105.08
Current: 0.03

During the past 13 years, Zhongzheng International Co's highest Cash to Debt Ratio was 105.08. The lowest was 0.01. And the median was 0.25.

HKSE:00943's Cash-to-Debt is ranked worse than
91.36% of 1874 companies
in the Consumer Packaged Goods industry
Industry Median: 0.505 vs HKSE:00943: 0.03

Zhongzheng International Co Cash-to-Debt Historical Data

The historical data trend for Zhongzheng International Co'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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Zhongzheng International Co Cash-to-Debt Chart

Zhongzheng International Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Jun23

Cash-to-Debt

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1.08

0.51

0.11

0.01

0.03

Zhongzheng International Co Semi-Annual Data
	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.11	0.21	0.01	0.03	0.03

Competitive Comparison of Zhongzheng International Co's Cash-to-Debt

For the Household & Personal Products subindustry, Zhongzheng International Co'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.

Zhongzheng International Co's Cash-to-Debt Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Zhongzheng International Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Zhongzheng International Co's Cash-to-Debt falls into.

Zhongzheng International Co 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.

Zhongzheng International Co's Cash to Debt Ratio for the fiscal year 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)
	=	41.427	/	(1345.438	+	20.856)
	=	0.03

Zhongzheng International Co'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)
	=	43.845	/	(1347.699	+	19.379)
	=	0.03

Zhongzheng International Co (HKSE:00943) 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.

Zhongzheng International Co Cash-to-Debt Related Terms

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

Zhongzheng International Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Zhongzheng International Co Ltd (HKSE:00943) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

56 Gloucester Road, Bank of East Asia Harbour View Centre, Room 1005, Wanchai, Hong Kong, HKG

Website

https://www.zhongzheng.com.hk

Zhongzheng International Co Ltd is an investment holding company. The company's segment includes Property development; Primary land development; Money lending business; Coal mining business and Healthcare and household business. It generates maximum revenue from the Healthcare and household business segments. Geographically, it derives a majority of its revenue from The People's Republic of China.

Executives

Leung Chung Shan
Shek Ying
Low Thiam Herr	2101 Beneficial owner
Yang Bin	2101 Beneficial owner
Lim Kim Chai	2101 Beneficial owner
Qiu Qing	2201 Interest of corporation controlled by you
Lim Kim Chai	2101 Beneficial owner
Shen Zhen Shi Tian Ji Nan Lian Tou Zi He Huo Qi Ye You Xian He Huo	2201 Interest of corporation controlled by you
Xiang Gang Zhong Zheng Tou Zi You Xian Gong Si	2101 Beneficial owner
Zhong Xin Zheng Quan Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you

Zhongzheng International Co Headlines

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