Shanghai Pioneer Holding (HKSE:01345) Cash-to-Debt : 1.68 (As of Dec. 2023)

View and export this data going back to 2013. Start your Free Trial

What is Shanghai Pioneer Holding 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. Shanghai Pioneer Holding's cash to debt ratio for the quarter that ended in Dec. 2023 was 1.68.

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, Shanghai Pioneer Holding 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 Shanghai Pioneer Holding's Cash-to-Debt or its related term are showing as below:

HKSE:01345' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.44 Med: 5.24 Max: 28.62
Current: 1.68

During the past 12 years, Shanghai Pioneer Holding's highest Cash to Debt Ratio was 28.62. The lowest was 0.44. And the median was 5.24.

HKSE:01345's Cash-to-Debt is ranked better than
65.81% of 664 companies
in the Healthcare Providers & Services industry
Industry Median: 0.69 vs HKSE:01345: 1.68

Shanghai Pioneer Holding Cash-to-Debt Historical Data

The historical data trend for Shanghai Pioneer Holding'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.

Shanghai Pioneer Holding Cash-to-Debt Chart

Shanghai Pioneer Holding Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

9.56

16.86

28.62

8.49

1.68

Shanghai Pioneer Holding Semi-Annual Data
	Jun14	Dec14	Jun15	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															28.62	5.74	8.49	1.34	1.68

Competitive Comparison of Shanghai Pioneer Holding's Cash-to-Debt

For the Pharmaceutical Retailers subindustry, Shanghai Pioneer Holding'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.

Shanghai Pioneer Holding's Cash-to-Debt Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Shanghai Pioneer Holding's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Shanghai Pioneer Holding's Cash-to-Debt falls into.

Shanghai Pioneer Holding 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.

Shanghai Pioneer Holding'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)
	=	136.096	/	(67.018	+	13.943)
	=	1.68

Shanghai Pioneer Holding'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)
	=	136.096	/	(67.018	+	13.943)
	=	1.68

Shanghai Pioneer Holding (HKSE:01345) 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.

Shanghai Pioneer Holding Cash-to-Debt Related Terms

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

Shanghai Pioneer Holding (HKSE:01345) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Shanghai Pioneer Holding Ltd (HKSE:01345) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.15, Lane 88 Wuwei Road, Putuo District, Shanghai, CHN, 200331

Website

http://www.pioneer-pharma.com

Shanghai Pioneer Holding Ltd is an investment holding company. It is engaged in the marketing, promotion, sales, and channel management service for pharmaceutical products and medical devices in China. The company has a portfolio of pharmaceutical products, covering ophthalmology, pain management, cardiovascular, gastroenterology, immunology, gynecology, and other therapeutic areas, and medical devices covering several medical specialties, including ophthalmology, orthopedics, odontology, and wound care. The majority of its revenue derives from the Sales of pharmaceutical products segment. The group operates mainly in PRC.

Shanghai Pioneer Holding (HKSE:01345) Headlines

No Headlines