Da Sen Holdings Group (HKSE:01580) Cash-to-Debt : 0.03 (As of Sep. 2023)

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What is Da Sen Holdings Group 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. Da Sen Holdings Group's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.03.

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, Da Sen Holdings Group couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

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

HKSE:01580' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.18 Max: 1.5
Current: 0.03

During the past 10 years, Da Sen Holdings Group's highest Cash to Debt Ratio was 1.50. The lowest was 0.01. And the median was 0.18.

HKSE:01580's Cash-to-Debt is ranked worse than
87.68% of 284 companies
in the Forest Products industry
Industry Median: 0.325 vs HKSE:01580: 0.03

Da Sen Holdings Group Cash-to-Debt Historical Data

The historical data trend for Da Sen Holdings Group'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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Da Sen Holdings Group Cash-to-Debt Chart

Da Sen Holdings Group Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Mar23

Cash-to-Debt

Get a 7-Day Free Trial

0.70

0.85

0.10

0.05

0.16

Da Sen Holdings Group Semi-Annual Data
	Dec13	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep23
Cash-to-Debt	Get a 7-Day Free Trial													0.10	0.01	0.05	0.02	0.03

Competitive Comparison of Da Sen Holdings Group's Cash-to-Debt

For the Lumber & Wood Production subindustry, Da Sen Holdings Group'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.

Da Sen Holdings Group's Cash-to-Debt Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Da Sen Holdings Group's Cash-to-Debt distribution charts can be found below:

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

Da Sen Holdings Group 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.

Da Sen Holdings Group's Cash to Debt Ratio for the fiscal year that ended in Mar. 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)
	=	7.903	/	(42.981	+	7.941)
	=	0.16

Da Sen Holdings Group's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	1.373	/	(39.5	+	7.914)
	=	0.03

Da Sen Holdings Group (HKSE:01580) 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.

Da Sen Holdings Group Cash-to-Debt Related Terms

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

Da Sen Holdings Group (HKSE:01580) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Da Sen Holdings Group Ltd (HKSE:01580) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Economic Development Zone, Sunsi Town, Chengwu, Shandong, CHN

Website

http://www.msdscn.com

Da Sen Holdings Group Ltd is an investment holding company. The principal business is the manufacture and sale of plywood products and biomass wood pellets. The company mainly operates through two segments, Manufacturing and sales of plywood and Leasing activities. The highest revenue is generated from the sales of the Plywood segment. The group's operations are located in the PRC.

Executives

Wong Tseng Hon	2101 Beneficial owner
Chai Kaw Sing	2202 Interest of your spouse
Leung Leung Wing Yee Winnie	2104 Agent
Zhang Ayang	2202 Interest of your spouse
Wang Songmao	2101 Beneficial owner
Wu Haiyan	2401 A concert party to an agreement to buy shares
Wu Shican	2401 A concert party to an agreement to buy shares
Ke Mingcai	2401 A concert party to an agreement to buy shares
Lin Qingxiong

Da Sen Holdings Group (HKSE:01580) Headlines

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