CTR Holdings (HKSE:01416) Cash-to-Debt : 270.05 (As of Aug. 2023)

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What is CTR 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. CTR Holdings's cash to debt ratio for the quarter that ended in Aug. 2023 was 270.05.

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, CTR Holdings could pay off its debt using the cash in hand for the quarter that ended in Aug. 2023.

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

HKSE:01416' s Cash-to-Debt Range Over the Past 10 Years
Min: 110.54 Med: No Debt Max: No Debt
Current: 270.05

During the past 7 years, CTR Holdings's highest Cash to Debt Ratio was No Debt. The lowest was 110.54. And the median was No Debt.

HKSE:01416's Cash-to-Debt is ranked better than
95.52% of 1675 companies
in the Construction industry
Industry Median: 0.63 vs HKSE:01416: 270.05

CTR Holdings Cash-to-Debt Historical Data

The historical data trend for CTR 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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CTR Holdings Cash-to-Debt Chart

CTR Holdings Annual Data

Trend

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

110.54

221.76

CTR Holdings Semi-Annual Data
	Feb17	Feb18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23
Cash-to-Debt	Get a 7-Day Free Trial							No Debt	110.54	167.12	221.76	270.05

Competitive Comparison of CTR Holdings's Cash-to-Debt

For the Engineering & Construction subindustry, CTR 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.

CTR Holdings's Cash-to-Debt Distribution in the Construction Industry

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

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

CTR 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.

CTR Holdings's Cash to Debt Ratio for the fiscal year that ended in Feb. 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)
	=	175.187	/	(0.283	+	0.507)
	=	221.76

CTR Holdings's Cash to Debt Ratio for the quarter that ended in Aug. 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)
	=	159.597	/	(0.191	+	0.4)
	=	270.05

CTR Holdings (HKSE:01416) 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.

CTR Holdings Cash-to-Debt Related Terms

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

CTR Holdings (HKSE:01416) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » CTR Holdings Ltd (HKSE:01416) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

21 Woodlands Close No. 08-11/12, Primz Bizhub, Singapore, SGP, 737854

Website

https://www.ctrholdings.com

CTR Holdings Ltd is an investment holding company. The company focuses on the provision of structural engineering works and wet architectural works services. The company generates maximum revenue from Structural engineering works. Geographically, the company derives revenue from Singapore. The Structural engineering works services of the company include reinforced concrete works which include steel reinforcement works, formwork erection and concrete works, and Precast installation works while the Wet architectural works services include Masonry building works; Plastering and screeding works; Tiling works and Waterproofing works.

CTR Holdings (HKSE:01416) Headlines

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