Green Energy Group (HKSE:00979) Cash-to-Debt : 5.62 (As of Dec. 2023)

View and export this data going back to 1997. Start your Free Trial

What is Green Energy 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. Green Energy Group's cash to debt ratio for the quarter that ended in Dec. 2023 was 5.62.

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, Green Energy Group 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 Green Energy Group's Cash-to-Debt or its related term are showing as below:

HKSE:00979' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.13 Med: 35.86 Max: No Debt
Current: 5.62

During the past 13 years, Green Energy Group's highest Cash to Debt Ratio was No Debt. The lowest was 1.13. And the median was 35.86.

HKSE:00979's Cash-to-Debt is ranked better than
86.78% of 242 companies
in the Waste Management industry
Industry Median: 0.355 vs HKSE:00979: 5.62

Green Energy Group Cash-to-Debt Historical Data

The historical data trend for Green Energy 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.

Green Energy Group Cash-to-Debt Chart

Green Energy Group Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

79.43

44.45

9.37

2.59

Green Energy Group Semi-Annual Data
	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															18.03	9.37	14.58	2.59	5.62

Competitive Comparison of Green Energy Group's Cash-to-Debt

For the Waste Management subindustry, Green Energy 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.

Green Energy Group's Cash-to-Debt Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Green Energy Group's Cash-to-Debt distribution charts can be found below:

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

Green Energy 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.

Green Energy Group'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)
	=	14.849	/	(1.939	+	3.787)
	=	2.59

Green Energy 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)
	=	26.821	/	(1.876	+	2.894)
	=	5.62

Green Energy Group (HKSE:00979) 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.

Green Energy Group Cash-to-Debt Related Terms

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

Green Energy Group (HKSE:00979) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Green Energy Group Ltd (HKSE:00979) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

99 Queen’s Road Central, Room 7712, 77/F., The Center, Hong Kong, HKG

Website

https://www.greenenergy.hk

Green Energy Group Ltd is an investment holding company. The company's operating segment includes Waste construction materials and waste processing services; Renewable energy; Plastic recycling/ metal scrap, and Money lending. It generates maximum revenue from the Renewable energy segment. The Renewable energy segment includes the trading of recyclable oil/biodiesel. Geographically, it derives a majority of revenue from Europe.

Green Energy Group (HKSE:00979) Headlines

No Headlines