Hengtou Securities (HKSE:01476) Cash-to-Debt : 1.42 (As of Dec. 2024)

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What is Hengtou Securities 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. Hengtou Securities's cash to debt ratio for the quarter that ended in Dec. 2024 was 1.42.

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, Hengtou Securities could pay off its debt using the cash in hand for the quarter that ended in Dec. 2024.

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

HKSE:01476' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.17 Med: 1.43 Max: 2.11
Current: 1.42

During the past 11 years, Hengtou Securities's highest Cash to Debt Ratio was 2.11. The lowest was 1.17. And the median was 1.43.

HKSE:01476's Cash-to-Debt is ranked worse than
59.95% of 779 companies
in the Capital Markets industry
Industry Median: 2.46 vs HKSE:01476: 1.42

Hengtou Securities Cash-to-Debt Historical Data

The historical data trend for Hengtou Securities'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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Hengtou Securities Cash-to-Debt Chart

Hengtou Securities Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash-to-Debt

Get a 7-Day Free Trial

1.45

1.39

1.37

1.51

1.42

Hengtou Securities 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															1.37	1.35	1.51	1.40	1.42

Competitive Comparison of Hengtou Securities's Cash-to-Debt

For the Capital Markets subindustry, Hengtou Securities'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.

Hengtou Securities's Cash-to-Debt Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Hengtou Securities's Cash-to-Debt distribution charts can be found below:

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

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Hengtou Securities 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.

Hengtou Securities'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)
	=	15168.084	/	(7034.316	+	3672.03)
	=	1.42

Hengtou Securities'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)
	=	15168.084	/	(7034.316	+	3672.03)
	=	1.42

Hengtou Securities (HKSE:01476) 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.

Hengtou Securities Cash-to-Debt Related Terms

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Hengtou Securities Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Hengtou Securities (HKSE:01476) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 83 Deshengmenwai Street, 3rd, 4th and 12th Floor, Building B, Desheng International Center, Xicheng District, Beijing, CHN, 100033

Website

https://www.cnht.com.cn

Hengtou Securities Formerly Hengtai Securities Co Ltd offers financial products and services to individuals, corporations, financial institutions, and government entities. The company's operating segment includes Brokerage and wealth management; Investment banking; Proprietary trading; Investment Management and Others. It generates maximum revenue from the Brokerage and wealth management segment. The brokerage and wealth management segment engaged in the trading of stocks, funds, bonds, and futures on behalf of the clients, and also providing investment and financing solutions to high-end, professional, and institutional clients. In addition, the sale of financial products, margin financing, and securities lending.

Executives

Glowing Lane Limited	2101 Beneficial owner
Kuo Yung Chun	2201 Interest of corporation controlled by you
G-resources Group Limited	2201 Interest of corporation controlled by you
Guo Tai Ji Jin Guan Li You Xian Gong Si

Hengtou Securities Headlines

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