Zhongguancun Science-Tech Leasing Co (HKSE:01601) Cash-to-Debt : 0.08 (As of Dec. 2023)

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What is Zhongguancun Science-Tech Leasing Co 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. Zhongguancun Science-Tech Leasing Co's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.08.

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, Zhongguancun Science-Tech Leasing Co couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

The historical rank and industry rank for Zhongguancun Science-Tech Leasing Co's Cash-to-Debt or its related term are showing as below:

HKSE:01601' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.06 Med: 0.09 Max: 0.12
Current: 0.08

During the past 8 years, Zhongguancun Science-Tech Leasing Co's highest Cash to Debt Ratio was 0.12. The lowest was 0.06. And the median was 0.09.

HKSE:01601's Cash-to-Debt is ranked worse than
69.55% of 509 companies
in the Credit Services industry
Industry Median: 0.23 vs HKSE:01601: 0.08

Zhongguancun Science-Tech Leasing Co Cash-to-Debt Historical Data

The historical data trend for Zhongguancun Science-Tech Leasing Co'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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Zhongguancun Science-Tech Leasing Co Cash-to-Debt Chart

Zhongguancun Science-Tech Leasing Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.06

0.08

0.11

0.09

0.08

Zhongguancun Science-Tech Leasing Co Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial									0.11	0.08	0.09	0.09	0.08

Competitive Comparison of Zhongguancun Science-Tech Leasing Co's Cash-to-Debt

For the Credit Services subindustry, Zhongguancun Science-Tech Leasing Co'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.

Zhongguancun Science-Tech Leasing Co's Cash-to-Debt Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Zhongguancun Science-Tech Leasing Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Zhongguancun Science-Tech Leasing Co's Cash-to-Debt falls into.

Zhongguancun Science-Tech Leasing Co Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents 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.

Zhongguancun Science-Tech Leasing Co's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	694.837	/	(0	+	8967.596)
	=	0.08

Zhongguancun Science-Tech Leasing Co's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	694.837	/	(0	+	8967.596)
	=	0.08

Zhongguancun Science-Tech Leasing Co (HKSE:01601) 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.

Zhongguancun Science-Tech Leasing Co Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Zhongguancun Science-Tech Leasing Co's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Zhongguancun Science-Tech Leasing Co (HKSE:01601) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Zhongguancun Science-Tech Leasing Co Ltd (HKSE:01601) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1 West Third Ring North Road, Floor 5 & 6, Suite 7, Courtyard 2, Haidian District, Beijing, CHN, 100081

Website

https://www.zgclease.com

Zhongguancun Science-Tech Leasing Co Ltd is engaged in the provision of finance leases and related consulting services across the People's Republic of China. The company offers finance lease solutions and advisory services to technology and new economy companies in the following five industries: big data, eco-solutions, life sciences & healthcare, intelligent manufacturing, and internet-based products & services.

Executives

Modern Orient Limited	2201 Interest of corporation controlled by you
Zhong Guan Cun Fa Zhan Ji Tuan Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Zgc International Holding Limited	2101 Beneficial owner
Beijing Enterprises Water Group Limited	2201 Interest of corporation controlled by you
Beijing Enterprises Investments Limited	2201 Interest of corporation controlled by you
Beijing Enterprises Holdings Limited	2201 Interest of corporation controlled by you
Beijing Enterprises Group Company Limited	2201 Interest of corporation controlled by you
Beijing Enterprises Group (bvi) Company Limited	2201 Interest of corporation controlled by you
China Communications Construction Group Limited	2201 Interest of corporation controlled by you
Cccg (hk) Holding Limited	2101 Beneficial owner
Superior Far East International Holdings Limited	2201 Interest of corporation controlled by you
Jia He Kong Gu You Xian Gong Si	2101 Beneficial owner
Hu Dao Sheng	2201 Interest of corporation controlled by you
Song Zuowen	2201 Interest of corporation controlled by you
Nan Shan Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you

Zhongguancun Science-Tech Leasing Co (HKSE:01601) Headlines

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