Zhong Hua International Holdings (HKSE:01064) Cash-to-Debt : No Debt ⁽¹⁾ (As of Jun. 2024)

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What is Zhong Hua 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. Zhong Hua International Holdings's cash to debt ratio for the quarter that ended in Jun. 2024 was No Debt ⁽¹⁾.

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, Zhong Hua International Holdings could pay off its debt using the cash in hand for the quarter that ended in Jun. 2024.

(1) 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.

The historical rank and industry rank for Zhong Hua International Holdings's Cash-to-Debt or its related term are showing as below:

HKSE:01064' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.17 Med: 1.07 Max: No Debt
Current: 1.31

During the past 13 years, Zhong Hua International Holdings's highest Cash to Debt Ratio was No Debt. The lowest was 0.17. And the median was 1.07.

HKSE:01064's Cash-to-Debt is ranked better than
76.16% of 1787 companies
in the Real Estate industry
Industry Median: 0.25 vs HKSE:01064: 1.31

Zhong Hua International Holdings Cash-to-Debt Historical Data

The historical data trend for Zhong Hua 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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Zhong Hua International Holdings Cash-to-Debt Chart

Zhong Hua International Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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1.06

1.09

1.17

No Debt

Zhong Hua International Holdings 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															0.88	1.17	1.39	No Debt	No Debt

Competitive Comparison of Zhong Hua International Holdings's Cash-to-Debt

For the Real Estate - Development subindustry, Zhong Hua 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.

Zhong Hua International Holdings's Cash-to-Debt Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Zhong Hua International Holdings's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Zhong Hua International Holdings's Cash-to-Debt falls into.

Zhong Hua 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.

Zhong Hua International Holdings's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Zhong Hua International Holdings had no debt ⁽¹⁾.

Zhong Hua International Holdings's Cash to Debt Ratio for the quarter that ended in Jun. 2024 is calculated as:

Zhong Hua International Holdings had no debt ⁽¹⁾.

Zhong Hua International Holdings (HKSE:01064) 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.

Zhong Hua International Holdings Cash-to-Debt Related Terms

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

Zhong Hua International Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Zhong Hua International Holdings Ltd (HKSE:01064) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

168-200 Connaught Road Central, Suite 2911, West Tower, Shun Tak Centre, Central, Hong Kong, HKG

Website

https://www.zhonghuagroup.com

Zhong Hua International Holdings Ltd is an investment holding company. Through its subsidiaries, it is engaged in property development, holding, and management activity. The business activity of the group functions through the Property investment and development segment; and Corporate and other segments. The Property Investment and development segment is engaged in the investment in properties located in Mainland China to generate potential income from letting. The Corporate and Others segment is involved in the provision of management services to group companies. It derives key revenue from the Property investment and development segment. The group mainly derives revenue from customers based in Mainland China.

Executives

Liang Guifen
Ec Fair Limited
Ho Kam Hung
Ye Jia Li
Ho Tsam Hung
Ho Pak Hung
China Guangshi International Investment Holdings Co. Ltd.	2201 Interest of corporation controlled by you
Guangshi Harvest Limited	2101 Beneficial owner
Link Tide Investments Limited	2201 Interest of corporation controlled by you
Strong Hero Holdings Limited
Xie Xiaoxiang
Xin Jiang Guang Shi Han Hong Gu Quan Tou Zi Guan Li You Xian Gong Si	2201 Interest of corporation controlled by you

Zhong Hua International Holdings Headlines

No Headlines

Zhong Hua International Holdings (HKSE:01064) Cash-to-Debt : No Debt (1) (As of Jun. 2024)