Man Shun Group (Holdings) (HKSE:01746) Cash-to-Debt : 58.41 (As of Dec. 2023)

View and export this data going back to 2018. Start your Free Trial

What is Man Shun 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. Man Shun Group (Holdings)'s cash to debt ratio for the quarter that ended in Dec. 2023 was 58.41.

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, Man Shun Group (Holdings) could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

The historical rank and industry rank for Man Shun Group (Holdings)'s Cash-to-Debt or its related term are showing as below:

HKSE:01746' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.07 Med: 29.92 Max: 74.53
Current: 58.41

During the past 9 years, Man Shun Group (Holdings)'s highest Cash to Debt Ratio was 74.53. The lowest was 0.07. And the median was 29.92.

HKSE:01746's Cash-to-Debt is ranked better than
92.18% of 1675 companies
in the Construction industry
Industry Median: 0.63 vs HKSE:01746: 58.41

Man Shun Group (Holdings) Cash-to-Debt Historical Data

The historical data trend for Man Shun 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.

* Premium members only.

Man Shun Group (Holdings) Cash-to-Debt Chart

Man Shun Group (Holdings) Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

29.36

29.92

42.76

50.06

58.41

Man Shun Group (Holdings) Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial											42.76	38.01	50.06	115.94	58.41

Competitive Comparison of Man Shun Group (Holdings)'s Cash-to-Debt

For the Engineering & Construction subindustry, Man Shun 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.

Man Shun Group (Holdings)'s Cash-to-Debt Distribution in the Construction Industry

For the Construction industry and Industrials sector, Man Shun Group (Holdings)'s Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Man Shun Group (Holdings)'s Cash-to-Debt falls into.

Man Shun 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.

Man Shun Group (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)
	=	88.37	/	(1.029	+	0.484)
	=	58.41

Man Shun Group (Holdings)'s Cash to Debt Ratio for the quarter 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)
	=	88.37	/	(1.029	+	0.484)
	=	58.41

Man Shun Group (Holdings) (HKSE:01746) 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.

Man Shun Group (Holdings) Cash-to-Debt Related Terms

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

Man Shun Group (Holdings) (HKSE:01746) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Man Shun Group (Holdings) Ltd (HKSE:01746) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Nos. 23-39 Pak Tin Par Street, Room 1908, 19th Floor, Cheung Fung Industrial Building, Tsuen Wan, New Territories, Hong Kong, HKG

Website

https://www.manshungroup.com.hk

Man Shun Group (Holdings) Ltd is an engineering and construction service provider in Hong Kong. It mainly provides HVAC electrical and mechanical (E and M) engineering services for new residential property development projects through installation services only. HVAC E and M engineering services typically involve the installation of HVAC systems, which refers to heat, ventilation and air-conditioning systems.

Man Shun Group (Holdings) (HKSE:01746) Headlines

No Headlines