CT Vision SL (International) Holdings (HKSE:00994) Cash-to-Debt : 6.66 (As of Dec. 2023)

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What is CT Vision SL (International) 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. CT Vision SL (International) Holdings's cash to debt ratio for the quarter that ended in Dec. 2023 was 6.66.

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, CT Vision SL (International) Holdings 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 CT Vision SL (International) Holdings's Cash-to-Debt or its related term are showing as below:

HKSE:00994' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.42 Max: 6.66
Current: 6.66

During the past 10 years, CT Vision SL (International) Holdings's highest Cash to Debt Ratio was 6.66. The lowest was 0.01. And the median was 0.42.

HKSE:00994's Cash-to-Debt is ranked better than
83.17% of 1682 companies
in the Construction industry
Industry Median: 0.625 vs HKSE:00994: 6.66

CT Vision SL (International) Holdings Cash-to-Debt Historical Data

The historical data trend for CT Vision SL (International) 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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CT Vision SL (International) Holdings Cash-to-Debt Chart

CT Vision SL (International) Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.01

0.42

1.27

0.47

6.66

CT Vision SL (International) Holdings Semi-Annual Data
	Dec14	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													1.27	0.17	0.47	3.65	6.66

Competitive Comparison of CT Vision SL (International) Holdings's Cash-to-Debt

For the Engineering & Construction subindustry, CT Vision SL (International) 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.

CT Vision SL (International) Holdings's Cash-to-Debt Distribution in the Construction Industry

For the Construction industry and Industrials sector, CT Vision SL (International) Holdings's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where CT Vision SL (International) Holdings's Cash-to-Debt falls into.

CT Vision SL (International) 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.

CT Vision SL (International) 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)
	=	46.551	/	(3.83	+	3.156)
	=	6.66

CT Vision SL (International) 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)
	=	46.551	/	(3.83	+	3.156)
	=	6.66

CT Vision SL (International) Holdings (HKSE:00994) 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.

CT Vision SL (International) Holdings Cash-to-Debt Related Terms

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

CT Vision SL (International) Holdings (HKSE:00994) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » CT Vision SL (International) Holdings Ltd (HKSE:00994) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

30 Harbour Road, Room No. 808-814, 8th Floor, Sun Hung Kai Centre, Wanchai, Hong Kong, HKG

Website

http://www.ctvision994.com

CT Vision SL (International) Holdings Ltd is an investment holding company. It is principally engaged in foundation works and ancillary services, general building works, and sales of piles. The company has three operating segments including the Building construction business, Renewable energy business, Renewable energy business and others. Geographically, it derives majority revenue from PRC and also has a presence in Saipan and Hong Kong.

Executives

Condover Assets Limited	2101 Beneficial owner
Daswani Sheba Kishinchand	2202 Interest of your spouse
Kan Hou Sek Jim	2201 Interest of corporation controlled by you
Lee Sai Man	2201 Interest of corporation controlled by you
Poon Man Yee	2202 Interest of your spouse
Ho Lai Kuen	2202 Interest of your spouse
Wong Siu Kwai	2201 Interest of corporation controlled by you
Daswani Sheba Kishinchand	2202 Interest of your spouse
Bc Financial Group Limited	2201 Interest of corporation controlled by you
Forwin Credit Limited	2106 Person having a security interest in shares
Forwin Holding Limited	2201 Interest of corporation controlled by you
Bian Ce	2201 Interest of corporation controlled by you
Guo Min	2201 Interest of corporation controlled by you
Ct Vision Investment Limited	2101 Beneficial owner
Lin Zhiling	2201 Interest of corporation controlled by you

CT Vision SL (International) Holdings (HKSE:00994) Headlines

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