Wan Kei Group Holdings (HKSE:01718) Cash-to-Debt : 54.13 (As of Mar. 2024)

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What is Wan Kei 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. Wan Kei Group Holdings's cash to debt ratio for the quarter that ended in Mar. 2024 was 54.13.

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, Wan Kei Group Holdings could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

HKSE:01718' s Cash-to-Debt Range Over the Past 10 Years
Min: 6.05 Med: 47.78 Max: No Debt
Current: 11.79

During the past 10 years, Wan Kei Group Holdings's highest Cash to Debt Ratio was No Debt. The lowest was 6.05. And the median was 47.78.

HKSE:01718's Cash-to-Debt is ranked better than
86.28% of 1720 companies
in the Construction industry
Industry Median: 0.62 vs HKSE:01718: 11.79

Wan Kei Group Holdings Cash-to-Debt Historical Data

The historical data trend for Wan Kei 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.

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Wan Kei Group Holdings Cash-to-Debt Chart

Wan Kei Group Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

Get a 7-Day Free Trial

38.29

38.64

47.78

63.10

54.13

Wan Kei Group Holdings Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial															100.54	63.10	47.32	54.13	11.79

Competitive Comparison of Wan Kei Group Holdings's Cash-to-Debt

For the Engineering & Construction subindustry, Wan Kei 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.

Wan Kei Group Holdings's Cash-to-Debt Distribution in the Construction Industry

For the Construction industry and Industrials sector, Wan Kei Group Holdings's Cash-to-Debt distribution charts can be found below:

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

Wan Kei 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.

Wan Kei Group Holdings's Cash to Debt Ratio for the fiscal year that ended in Mar. 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)
	=	140.245	/	(1.618	+	0.973)
	=	54.13

Wan Kei Group Holdings's Cash to Debt Ratio for the quarter that ended in Mar. 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)
	=	140.245	/	(1.618	+	0.973)
	=	54.13

Wan Kei Group Holdings (HKSE:01718) 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.

Wan Kei Group Holdings Cash-to-Debt Related Terms

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Wan Kei Group Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Wan Kei Group Holdings Ltd (HKSE:01718) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 288 Hennessy Road, Unit No. 07, 16th Floor, Emperor Group Centre, Wanchai, Hong Kong, HKG

Website

http://www.hkex1718.hk

Wan Kei Group Holdings Ltd is an investment holding company. Along with its subsidiaries, the company has the following operating business segments; Foundation construction, Ground investigation services, Trading of consumer products, E-commerce live streaming and promotion, and Financial services. Maximum revenue is generated from the Foundation construction works segment which provides foundation construction works to customers. The majority of its revenue is generated from Hong Kong.

Executives

Ample Cheer Limited	2201 Interest of corporation controlled by you
Kingston Finance Limited	2106 Person having a security interest in shares
Chu Yuet Wah	2201 Interest of corporation controlled by you
Samwood Global Limited	2103 Interests held jointly with another person
Suntecli Company Limited	2101 Beneficial owner
Chan Sui Yau	2202 Interest of your spouse
Fong Hon Hung	2103 Interests held jointly with another person
Kwong Sui Sim	2202 Interest of your spouse
Lau Woon Si	2201 Interest of corporation controlled by you
Leung Man Lun Stephen	2103 Interests held jointly with another person
So Choi	2202 Interest of your spouse
Coast International Asset Management Limited	2102 Investment manager

Wan Kei Group Holdings Headlines

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