Road King Infrastructure (HKSE:01098) Cash-to-Debt : 0.26 (As of Dec. 2024)

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What is Road King Infrastructure 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. Road King Infrastructure's cash to debt ratio for the quarter that ended in Dec. 2024 was 0.26.

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, Road King Infrastructure couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2024.

The historical rank and industry rank for Road King Infrastructure's Cash-to-Debt or its related term are showing as below:

HKSE:01098' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.22 Med: 0.35 Max: 0.58
Current: 0.26

During the past 13 years, Road King Infrastructure's highest Cash to Debt Ratio was 0.58. The lowest was 0.22. And the median was 0.35.

HKSE:01098's Cash-to-Debt is ranked better than
51.65% of 1754 companies
in the Real Estate industry
Industry Median: 0.25 vs HKSE:01098: 0.26

Road King Infrastructure Cash-to-Debt Historical Data

The historical data trend for Road King Infrastructure'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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Road King Infrastructure Cash-to-Debt Chart

Road King Infrastructure Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash-to-Debt

Get a 7-Day Free Trial

0.37

0.33

0.26

0.24

0.26

Road King Infrastructure Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Cash-to-Debt	Get a 7-Day Free Trial															0.26	0.24	0.24	0.31	0.26

Competitive Comparison of Road King Infrastructure's Cash-to-Debt

For the Real Estate - Development subindustry, Road King Infrastructure'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.

Road King Infrastructure's Cash-to-Debt Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Road King Infrastructure's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Road King Infrastructure's Cash-to-Debt falls into.

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Road King Infrastructure 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.

Road King Infrastructure's Cash to Debt Ratio for the fiscal year that ended in Dec. 2024 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)
	=	4273.571	/	(2922.919	+	13319.342)
	=	0.26

Road King Infrastructure's Cash to Debt Ratio for the quarter that ended in Dec. 2024 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)
	=	4273.571	/	(2922.919	+	13319.342)
	=	0.26

Road King Infrastructure (HKSE:01098) 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.

Road King Infrastructure Cash-to-Debt Related Terms

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Road King Infrastructure Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Road King Infrastructure Ltd (HKSE:01098) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

9 Canton Road, The Gateway, Suite 501, 5th Floor, Tower 6, Tsimshatsui, Kowloon, Hong Kong, HKG

Website

https://www.roadking.com.hk

Road King Infrastructure Ltd is an investment holding company. The company's principal activities are the operation of property development and investment, investment and asset management businesses in Mainland China and Hong Kong; and the development, operation and management of toll roads through the infrastructure joint ventures in the PRC and Indonesia. The company's business segments are; Property Development and Investment, Toll Road, and Investment and asset management. The Property development and investment segment which generates key revenue is engaged in the development of properties for sale, rental income, or potential capital appreciation. Geographically, it generates a majority of its revenue from Mainland China followed by Hong Kong.

Executives

Wai Kee Holdings Limited	2201 Interest of corporation controlled by you
Groove Trading Limited	2101 Beneficial owner
Zwp Investments Limited	2101 Beneficial owner

Road King Infrastructure Headlines

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