Hua Lien International (Holding) Co (HKSE:00969) Cash-to-Debt : 1.46 (As of Dec. 2023)

View and export this data going back to 2000. Start your Free Trial

What is Hua Lien International (Holding) 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. Hua Lien International (Holding) Co's cash to debt ratio for the quarter that ended in Dec. 2023 was 1.46.

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, Hua Lien International (Holding) Co could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

The historical rank and industry rank for Hua Lien International (Holding) Co's Cash-to-Debt or its related term are showing as below:

HKSE:00969' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.14 Med: 0.88 Max: 3.13
Current: 1.46

During the past 13 years, Hua Lien International (Holding) Co's highest Cash to Debt Ratio was 3.13. The lowest was 0.14. And the median was 0.88.

HKSE:00969's Cash-to-Debt is ranked better than
67.16% of 1876 companies
in the Consumer Packaged Goods industry
Industry Median: 0.51 vs HKSE:00969: 1.46

Hua Lien International (Holding) Co Cash-to-Debt Historical Data

The historical data trend for Hua Lien International (Holding) 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.

* Premium members only.

Hua Lien International (Holding) Co Cash-to-Debt Chart

Hua Lien International (Holding) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

2.31

2.46

3.13

1.74

1.46

Hua Lien International (Holding) Co Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Cash-to-Debt	Get a 7-Day Free Trial															2.94	1.74	1.76	1.46	N/A

Competitive Comparison of Hua Lien International (Holding) Co's Cash-to-Debt

For the Confectioners subindustry, Hua Lien International (Holding) 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.

Hua Lien International (Holding) Co's Cash-to-Debt Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Hua Lien International (Holding) Co's Cash-to-Debt falls into.

Hua Lien International (Holding) 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.

Hua Lien International (Holding) Co'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)
	=	37.464	/	(1.457	+	24.242)
	=	1.46

Hua Lien International (Holding) 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)
	=	37.464	/	(1.457	+	24.242)
	=	1.46

Hua Lien International (Holding) Co (HKSE:00969) 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.

Hua Lien International (Holding) Co Cash-to-Debt Related Terms

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

Hua Lien International (Holding) Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Hua Lien International (Holding) Co Ltd (HKSE:00969) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

28 Connaught Road Central, Yue Thai Commercial Building, 18th Floor, Sheung Wan, Hong Kong, HKG

Website

http://www.irasia.com/listco/hk/hualien/index.htm

Hua Lien International (Holding) Co Ltd is an investment holding company. It is principally engaged in the growing of sugar cane and the manufacture of sugar. The company operates through three segments namely Supporting services; the Sugar business; and the Ethanol business. It generates maximum revenue from the Sugar business segment. Geographically, it derives a majority of its revenue from Jamaica.

Executives

Xinjiang Botai Energy Company Limited	2201 Interest of corporation controlled by you
Zeng Wei	2201 Interest of corporation controlled by you
Guang Dong Sheng Nong Ken Ji Tuan Gong Si	2201 Interest of corporation controlled by you
State Development & Investment Corp., Ltd. (formerly State Development & Investment Corp.)	2106 Person having a security interest in shares
State-owned Assets Supervision And Administration Commission Of The State Council	2106 Person having a security interest in shares
Complant International Sugar Industry Co., Ltd.	2101 Beneficial owner
China National Complete Plant Import And Export Group Corporation Limited	2106 Person having a security interest in shares

Hua Lien International (Holding) Co Headlines

No Headlines