Riverine China Holdings (HKSE:01417) Cash-to-Debt : 0.26 (As of Jun. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Riverine China 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. Riverine China Holdings's cash to debt ratio for the quarter that ended in Jun. 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, Riverine China Holdings couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2024.

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

HKSE:01417' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.26 Med: 1.52 Max: 31.62
Current: 0.37

During the past 11 years, Riverine China Holdings's highest Cash to Debt Ratio was 31.62. The lowest was 0.26. And the median was 1.52.

HKSE:01417's Cash-to-Debt is ranked better than
59.89% of 1755 companies
in the Real Estate industry
Industry Median: 0.25 vs HKSE:01417: 0.37

Riverine China Holdings Cash-to-Debt Historical Data

The historical data trend for Riverine China 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.

Riverine China Holdings Cash-to-Debt Chart

Riverine China Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash-to-Debt

Get a 7-Day Free Trial

1.46

0.57

0.49

0.37

Riverine China Holdings Semi-Annual Data
	Dec14	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															0.49	0.39	0.37	0.26	0.37

Competitive Comparison of Riverine China Holdings's Cash-to-Debt

For the Real Estate Services subindustry, Riverine China 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.

Riverine China Holdings's Cash-to-Debt Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Riverine China Holdings's Cash-to-Debt distribution charts can be found below:

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

Save Embed

;

Save Embed

;

Riverine China 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.

Riverine China Holdings'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)
	=	152.772	/	(231.126	+	183.964)
	=	0.37

Riverine China Holdings's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	107.372	/	(229.86	+	178.289)
	=	0.26

Riverine China Holdings (HKSE:01417) 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.

Riverine China Holdings Cash-to-Debt Related Terms

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

Riverine China Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Riverine China Holdings Ltd (HKSE:01417) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

28 South Zhongshan Road, 14th Floor, Jiushi Tower, Shanghai, CHN, 200010

Website

http://www.riverinepm.com

Riverine China Holdings Ltd is an investment holding company that provides property management services and environmental sanitary services in China. Its property management services include standard property management services and value-added services including various kinds of consultancy services relating to or ancillary to property management. Its businesses are involved in office buildings, hotels, commercial establishments, government properties, and residential properties. The group has four reportable operating segments, which are engaged in property management services, urban sanitary services, sublease services from investment properties, and Catering services.

Executives

Chen Yao	2103 Interests held jointly with another person
Fu Qichang	2103 Interests held jointly with another person
Partner Summit Holdings Limited	2101 Beneficial owner
Pine Fortune Global Limited	2103 Interests held jointly with another person
Source Forth Limited	2103 Interests held jointly with another person
Vital Kingdom Investments Limited	2103 Interests held jointly with another person
Xiao Xingtao	2103 Interests held jointly with another person
Partner Summit Holdings Limited	2101 Beneficial owner
S.i. Infrastructure Holdings Limited	2201 Interest of corporation controlled by you
Shanghai Industrial Holdings Limited	2201 Interest of corporation controlled by you
Shanghai Industrial Investment (holdings) Company Limited	2201 Interest of corporation controlled by you
Shanghai Industrial Investment Treasury Company Limited	2201 Interest of corporation controlled by you
Shanghai Investment Holdings Limited	2201 Interest of corporation controlled by you
Sure Advance Holdings Limited	2101 Beneficial owner

Riverine China Holdings Headlines

No Headlines