GC Construction Holdings (HKSE:01489) Cash-to-Debt : 4.56 (As of Sep. 2024)

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What is GC Construction 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. GC Construction Holdings's cash to debt ratio for the quarter that ended in Sep. 2024 was 4.56.

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, GC Construction Holdings could pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

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

HKSE:01489' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.18 Med: 6.21 Max: 1171.19
Current: 4.56

During the past 6 years, GC Construction Holdings's highest Cash to Debt Ratio was 1171.19. The lowest was 0.18. And the median was 6.21.

HKSE:01489's Cash-to-Debt is ranked better than
79.87% of 1724 companies
in the Construction industry
Industry Median: 0.65 vs HKSE:01489: 4.56

GC Construction Holdings Cash-to-Debt Historical Data

The historical data trend for GC Construction 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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GC Construction Holdings Cash-to-Debt Chart

GC Construction Holdings Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

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0.18

6.21

31.92

16.36

90.37

GC Construction Holdings Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial					1.61	16.36	1,171.19	90.37	4.56

Competitive Comparison of GC Construction Holdings's Cash-to-Debt

For the Engineering & Construction subindustry, GC Construction 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.

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

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

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

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GC Construction 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.

GC Construction 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)
	=	81.871	/	(0.536	+	0.37)
	=	90.37

GC Construction Holdings's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	66.833	/	(14.599	+	0.047)
	=	4.56

GC Construction Holdings (HKSE:01489) 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.

GC Construction Holdings Cash-to-Debt Related Terms

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GC Construction Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » GC Construction Holdings Ltd (HKSE:01489) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

833 Cheung Sha Wan Road, Unit 909, 9th Floor, Tower 1, Cheung Sha Wan Plaza, Kowloon, Hong Kong, HKG

Website

https://www.chankiu.hk

GC Construction Holdings Ltd is a wet trades contractor in Hong Kong. The wet trades works performed by the Group mainly included plastering, tile laying, bricklaying, floor screening, and marble works in both public sector projects and private sector projects in Hong Kong. Private sector projects mainly involved private residential developments and commercial developments, and Public sector projects mainly involved public residential developments as well as infrastructure and public facilities developments. It generates the majority of its revenue from Hong Kong.

Executives

Evolve Billion Limited	2101 Beneficial owner
Chan Kiu Sum	2201 Interest of corporation controlled by you
Chan Pong Hing	2202 Interest of your spouse
Chan Wing Ping	2201 Interest of corporation controlled by you
Tsang Chiu Ching	2202 Interest of your spouse

GC Construction Holdings Headlines

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