Ever Harvest Group Holdings (HKSE:01549) Cash-to-Debt : 2.42 (As of Jun. 2024)

View and export this data going back to 2016. Start your Free Trial

What is Ever Harvest Group 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. Ever Harvest Group Holdings's cash to debt ratio for the quarter that ended in Jun. 2024 was 2.42.

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, Ever Harvest Group Holdings could pay off its debt using the cash in hand for the quarter that ended in Jun. 2024.

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

HKSE:01549' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.42 Med: 2.21 Max: 17.39
Current: 2.42

During the past 11 years, Ever Harvest Group Holdings's highest Cash to Debt Ratio was 17.39. The lowest was 1.42. And the median was 2.21.

HKSE:01549's Cash-to-Debt is ranked better than
80.75% of 961 companies
in the Transportation industry
Industry Median: 0.46 vs HKSE:01549: 2.42

Ever Harvest Group Holdings Cash-to-Debt Historical Data

The historical data trend for Ever Harvest Group 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.

Ever Harvest Group Holdings Cash-to-Debt Chart

Ever Harvest Group Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

1.81

2.21

1.71

2.30

2.21

Ever Harvest Group Holdings Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Cash-to-Debt	Get a 7-Day Free Trial															1.74	2.30	1.92	2.21	2.42

Competitive Comparison of Ever Harvest Group Holdings's Cash-to-Debt

For the Marine Shipping subindustry, Ever Harvest Group 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.

Ever Harvest Group Holdings's Cash-to-Debt Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Ever Harvest Group Holdings's Cash-to-Debt distribution charts can be found below:

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

Ever Harvest Group 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.

Ever Harvest Group 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)
	=	112.663	/	(50.042	+	1.035)
	=	2.21

Ever Harvest Group 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)
	=	109.877	/	(44.876	+	0.57)
	=	2.42

Ever Harvest Group Holdings (HKSE:01549) 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.

Ever Harvest Group Holdings Cash-to-Debt Related Terms

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

Ever Harvest Group Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Ever Harvest Group Holdings Ltd (HKSE:01549) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

483A Castle Peak Road, 17th Floor, Excel Centre, Cheung Sha Wan, Kowloon, Hong Kong, HKG

Website

http://www.xhsl.com.hk

Ever Harvest Group Holdings Ltd is engaged in rendering sea freight transportation and freight forwarding services in Hong Kong and in the People's Republic of China. The services provided by the company are the rendering of feeder shipping services, carrier-owned container services, sea freight forwarding agency services, and barge services. Its segments include Sea freight forwarding agency services; Fujian routes; Guangxi routes; Guangdong routes; and Hainan routes. The company earns a majority of its revenue from Hong Kong, also it earns majority of the revenue from Guangxi routes segment.

Executives

Ever Winning Investment Company Limited	2101 Beneficial owner
Lau Yu Leung	2201 Interest of corporation controlled by you
Tong Hung Sum	2202 Interest of your spouse

Ever Harvest Group Holdings Headlines

No Headlines