Cherish Sunshine International (HKSE:01094) Cash-to-Debt : 0.09 (As of Sep. 2023)

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What is Cherish Sunshine International 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. Cherish Sunshine International's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.09.

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, Cherish Sunshine International couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

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

HKSE:01094' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.06 Med: 0.74 Max: No Debt
Current: 0.09

During the past 13 years, Cherish Sunshine International's highest Cash to Debt Ratio was No Debt. The lowest was 0.06. And the median was 0.74.

HKSE:01094's Cash-to-Debt is ranked worse than
87.05% of 525 companies
in the Conglomerates industry
Industry Median: 0.49 vs HKSE:01094: 0.09

Cherish Sunshine International Cash-to-Debt Historical Data

The historical data trend for Cherish Sunshine International'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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Cherish Sunshine International Cash-to-Debt Chart

Cherish Sunshine International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Mar22

Mar23

Cash-to-Debt

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0.64

0.51

0.70

1.02

0.06

Cherish Sunshine International Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Sep22	Mar23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial															0.26	0.70	0.17	0.06	0.09

Competitive Comparison of Cherish Sunshine International's Cash-to-Debt

For the Conglomerates subindustry, Cherish Sunshine International'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.

Cherish Sunshine International's Cash-to-Debt Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Cherish Sunshine International's Cash-to-Debt distribution charts can be found below:

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

Cherish Sunshine International 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.

Cherish Sunshine International's Cash to Debt Ratio for the fiscal year that ended in Mar. 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)
	=	8.478	/	(115.063	+	22.896)
	=	0.06

Cherish Sunshine International's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	6.109	/	(49.24	+	22.32)
	=	0.09

Cherish Sunshine International (HKSE:01094) 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.

Cherish Sunshine International Cash-to-Debt Related Terms

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

Cherish Sunshine International (HKSE:01094) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Cherish Sunshine International Ltd (HKSE:01094) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1818–2 Wenyi West Road, Yuhang Street, Unit 109–14, Block 1, Yuhang District, Zhejiang Province, Hangzhou, CHN

Website

http://www.sunshine1094.com

Cherish Sunshine International Ltd is a provider of one-stop integrated procurement service solutions in China. Its segments are the provision of procurement services, trading business, provision of corporate IT solutions, rental income, and energy management contracting business. The majority of the revenue derives from the trading segment which engaged in the Trading of general goods.

Executives

Eastmount Global Limited	2101 Beneficial owner
Liu Luoxiu	2307 Founder of a discretionary trust who can infl
Wu Siyuan	2501 Other
Trident Trust Company (singapore) Pte Limited	2301 Trustee
Jiang Xi Yin Xing Gu Fen You Xian Gong Si	2106 Person having a security interest in shares

Cherish Sunshine International (HKSE:01094) Headlines

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