Hope Life International Holdings (HKSE:01683) Cash-to-Debt : 0.44 (As of Jun. 2024)

View and export this data going back to 2015. Start your Free Trial

What is Hope Life International 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. Hope Life International Holdings's cash to debt ratio for the quarter that ended in Jun. 2024 was 0.44.

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, Hope Life International Holdings couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2024.

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

HKSE:01683' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.16 Med: 9.96 Max: No Debt
Current: 0.44

During the past 9 years, Hope Life International Holdings's highest Cash to Debt Ratio was No Debt. The lowest was 0.16. And the median was 9.96.

HKSE:01683's Cash-to-Debt is ranked worse than
57.47% of 1728 companies
in the Construction industry
Industry Median: 0.63 vs HKSE:01683: 0.44

Hope Life International Holdings Cash-to-Debt Historical Data

The historical data trend for Hope Life International 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.

Hope Life International Holdings Cash-to-Debt Chart

Hope Life International Holdings Annual Data

Trend

Sep14

Sep15

Sep16

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

6.37

12.93

0.53

1.19

0.54

Hope Life International Holdings Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Cash-to-Debt	Get a 7-Day Free Trial														0.16	1.19	0.79	0.54	0.44

Competitive Comparison of Hope Life International Holdings's Cash-to-Debt

For the Engineering & Construction subindustry, Hope Life International 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.

Hope Life International Holdings's Cash-to-Debt Distribution in the Construction Industry

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

* The bar in red indicates where Hope Life International Holdings's Cash-to-Debt falls into.

Hope Life International 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.

Hope Life International 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)
	=	40.434	/	(74.536	+	0)
	=	0.54

Hope Life International 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)
	=	32.555	/	(74.077	+	0)
	=	0.44

Hope Life International Holdings (HKSE:01683) 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.

Hope Life International Holdings Cash-to-Debt Related Terms

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

Hope Life International Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Hope Life International Holdings Ltd (HKSE:01683) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Nos. 194-204 Johnston Road, Flat 1703, 17th Floor, Wanchai Commercial Centre, Hong Kong, HKG

Website

https://www.hopelife.hk

Hope Life International Holdings Ltd is an investment holding company. The company reports in three segments: The Construction & ancillary, which generates the majority of its revenue; Financial business, and Consumer goods business. The Construction & ancillary services segment is engaged in the design, fitting out, decoration, alteration and addition, construction and other related businesses. The financial business segment is engaged in the providing of money lending services. Consumer goods business produces and sells food and beverage products. Its geographical segments are Hong Kong and the PRC, of which a majority of its revenue comes from Hong Kong.

Executives

Lu Zhaowei	2101 Beneficial owner
Ample Platinum Enterprises Limited	2101 Beneficial owner
Hui Kee Fung	2201 Interest of corporation controlled by you
Soaring Holdings Limited	2201 Interest of corporation controlled by you
Shen Jie	2201 Interest of corporation controlled by you
Voice Chosen Investment Limited	2106 Person having a security interest in shares
Shen Yan	2201 Interest of corporation controlled by you
Niu Fang	2201 Interest of corporation controlled by you
State Energy Hk Limited	2101 Beneficial owner
He Yun	2106 Person having a security interest in shares
Shang Hai Zhong She Gu Quan Tou Zi Ji Jin You Xian Gong Si	2201 Interest of corporation controlled by you
Shang Hai Guo Ming Gu Quan Tou Zi Ji Jin Guan Li You Xian Gong Si	2201 Interest of corporation controlled by you
Liu Quan Hui	2201 Interest of corporation controlled by you
Guo Neng Shang Ye Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Hu Zhang Cui	2202 Interest of your spouse

Hope Life International Holdings Headlines

No Headlines