Kwong Luen Engineering Holdings (HKSE:01413) Cash-to-Debt : 0.81 (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Kwong Luen Engineering 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. Kwong Luen Engineering Holdings's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.81.

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, Kwong Luen Engineering Holdings couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

The historical rank and industry rank for Kwong Luen Engineering Holdings's Cash-to-Debt or its related term are showing as below:

HKSE:01413' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.27 Med: 1.8 Max: 8.11
Current: 0.81

During the past 7 years, Kwong Luen Engineering Holdings's highest Cash to Debt Ratio was 8.11. The lowest was 0.27. And the median was 1.80.

HKSE:01413's Cash-to-Debt is ranked better than
56.12% of 1691 companies
in the Construction industry
Industry Median: 0.62 vs HKSE:01413: 0.81

Kwong Luen Engineering Holdings Cash-to-Debt Historical Data

The historical data trend for Kwong Luen Engineering 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.

* Premium members only.

Kwong Luen Engineering Holdings Cash-to-Debt Chart

Kwong Luen Engineering Holdings Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

Get a 7-Day Free Trial

3.64

5.86

1.80

8.11

0.81

Kwong Luen Engineering Holdings Semi-Annual Data
	Mar18	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial						1.80	0.75	8.11	1.70	0.81

Competitive Comparison of Kwong Luen Engineering Holdings's Cash-to-Debt

For the Engineering & Construction subindustry, Kwong Luen Engineering 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.

Kwong Luen Engineering Holdings's Cash-to-Debt Distribution in the Construction Industry

For the Construction industry and Industrials sector, Kwong Luen Engineering Holdings's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Kwong Luen Engineering Holdings's Cash-to-Debt falls into.

Kwong Luen Engineering 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.

Kwong Luen Engineering Holdings's Cash to Debt Ratio for the fiscal year that ended in Mar. 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)
	=	25.148	/	(28.626	+	2.445)
	=	0.81

Kwong Luen Engineering Holdings's Cash to Debt Ratio for the quarter that ended in Mar. 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)
	=	25.148	/	(28.626	+	2.445)
	=	0.81

Kwong Luen Engineering Holdings (HKSE:01413) 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.

Kwong Luen Engineering Holdings Cash-to-Debt Related Terms

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

Kwong Luen Engineering Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Kwong Luen Engineering Holdings Ltd (HKSE:01413) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

6 Sha Tsui Road, Unit 2909-2910, 29th Floor, The Octagon, Tsuen Wan, New Territories, Hong Kong, HKG

Website

https://www.kwong-luen.com.hk

Kwong Luen Engineering Holdings Ltd is a foundation works contractor in Hong Kong. The foundation work of the company is mainly comprised of excavation and lateral support works and other associated works including pile cap construction, underground drainage work, and site formation works. The group's operations are located in Hong Kong.

Executives

Kwong Luen Prosperity Limited	2101 Beneficial owner
Kwan Chui Ling	2201 Interest of corporation controlled by you
Yip Kwong Cheung	2201 Interest of corporation controlled by you
Ma Wenkui
Lin Tongbing
Yang Zhenwei

Kwong Luen Engineering Holdings Headlines

No Headlines