Huayu Expressway Group (HKSE:01823) Cash-to-Debt : 224.76 (As of Dec. 2023)

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What is Huayu Expressway 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. Huayu Expressway Group's cash to debt ratio for the quarter that ended in Dec. 2023 was 224.76.

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, Huayu Expressway Group 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 Huayu Expressway Group's Cash-to-Debt or its related term are showing as below:

HKSE:01823' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.13 Max: 224.76
Current: 224.76

During the past 13 years, Huayu Expressway Group's highest Cash to Debt Ratio was 224.76. The lowest was 0.01. And the median was 0.13.

HKSE:01823's Cash-to-Debt is ranked better than
95.16% of 1653 companies
in the Construction industry
Industry Median: 0.62 vs HKSE:01823: 224.76

Huayu Expressway Group Cash-to-Debt Historical Data

The historical data trend for Huayu Expressway 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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Huayu Expressway Group Cash-to-Debt Chart

Huayu Expressway Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.23

0.27

4.20

224.76

Huayu Expressway Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.27	0.25	4.20	8.34	224.76

Competitive Comparison of Huayu Expressway Group's Cash-to-Debt

For the Infrastructure Operations subindustry, Huayu Expressway 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.

Huayu Expressway Group's Cash-to-Debt Distribution in the Construction Industry

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

* The bar in red indicates where Huayu Expressway Group's Cash-to-Debt falls into.

Huayu Expressway 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.

Huayu Expressway Group'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)
	=	358.718	/	(0.983	+	0.613)
	=	224.76

Huayu Expressway Group'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)
	=	358.718	/	(0.983	+	0.613)
	=	224.76

Huayu Expressway Group (HKSE:01823) 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.

Huayu Expressway Group Cash-to-Debt Related Terms

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Huayu Expressway Group (HKSE:01823) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Huayu Expressway Group Ltd (HKSE:01823) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

89 Queensway, Lippo Centre, Unit 1205, 12th Floor , Tower 1, Hong Kong, HKG

Website

http://www.huayu.com.hk

Huayu Expressway Group Ltd is an Investment holding firm. The company with its subsidiaries is engaged in the development of infrastructure mainly in China. Its primary business is to invest, build, operate, and manage infrastructure projects. It has three reportable segments: Qing Ping Expressway, construction, operation, and management of the Qing Ping Expressway, and; Liquor and spirits, the main distribution of Huamaojiu and Xijiushaofang, and the majority of the revenue comes from the Liquor and spirits.

Executives

Integrated Capital (asia) Limited	2101 Beneficial owner
Yam Tak Cheung	2201 Interest of corporation controlled by you
Velocity International Limited	2101 Beneficial owner
Tcg Capital Investment Limited	2106 Person having a security interest in shares
Chan Yeung Nam	2201 Interest of corporation controlled by you

Huayu Expressway Group (HKSE:01823) Headlines

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