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Chinney Kin Wing Holdings (HKSE:01556) Cash-to-Debt : No Debt (1) (As of Dec. 2023)


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What is Chinney Kin Wing 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. Chinney Kin Wing Holdings's cash to debt ratio for the quarter that ended in Dec. 2023 was No Debt (1).

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, Chinney Kin Wing Holdings could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

(1) 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.

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

HKSE:01556' s Cash-to-Debt Range Over the Past 10 Years
Min: 5.5   Med: No Debt   Max: No Debt
Current: No Debt

During the past 10 years, Chinney Kin Wing Holdings's highest Cash to Debt Ratio was No Debt. The lowest was 5.50. And the median was No Debt.

HKSE:01556's Cash-to-Debt is ranked better than
99.82% of 1691 companies
in the Construction industry
Industry Median: 0.62 vs HKSE:01556: No Debt

Chinney Kin Wing Holdings Cash-to-Debt Historical Data

The historical data trend for Chinney Kin Wing 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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Chinney Kin Wing Holdings Cash-to-Debt Chart

Chinney Kin Wing Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.50 93.06 No Debt No Debt No Debt

Chinney Kin Wing 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt N/A

Competitive Comparison of Chinney Kin Wing Holdings's Cash-to-Debt

For the Engineering & Construction subindustry, Chinney Kin Wing 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.


Chinney Kin Wing Holdings's Cash-to-Debt Distribution in the Construction Industry

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

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



Chinney Kin Wing 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.

Chinney Kin Wing Holdings's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Chinney Kin Wing Holdings had no debt (1).

Chinney Kin Wing Holdings's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Chinney Kin Wing Holdings had no debt (1).

* 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.


Chinney Kin Wing Holdings  (HKSE:01556) 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.


Chinney Kin Wing Holdings Cash-to-Debt Related Terms

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Chinney Kin Wing Holdings Business Description

Traded in Other Exchanges
N/A
Address
111 Connaught Road Central, Room 2308, 23rd Floor, Wing On centre, Hong Kong, HKG
Chinney Kin Wing Holdings Ltd is an investment holding company. The company's operating segment includes Foundation construction and ancillary services and Drilling and site investigation. It generates maximum revenue from the Foundation construction and ancillary services segment. Geographically, it derives a majority of its revenue from Hong Kong and also has a presence in Singapore.

Chinney Kin Wing Holdings Headlines

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