Trendzon Holdings Group (HKSE:01865) Cash-to-Debt : 0.28 (As of Sep. 2023)

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What is Trendzon Holdings 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. Trendzon Holdings Group's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.28.

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, Trendzon Holdings Group couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

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

HKSE:01865' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.19 Med: 1.05 Max: 17.4
Current: 0.28

During the past 8 years, Trendzon Holdings Group's highest Cash to Debt Ratio was 17.40. The lowest was 0.19. And the median was 1.05.

HKSE:01865's Cash-to-Debt is ranked worse than
69.74% of 1682 companies
in the Construction industry
Industry Median: 0.625 vs HKSE:01865: 0.28

Trendzon Holdings Group Cash-to-Debt Historical Data

The historical data trend for Trendzon Holdings 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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Trendzon Holdings Group Cash-to-Debt Chart

Trendzon Holdings Group Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

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4.96

10.29

0.56

0.19

0.20

Trendzon Holdings Group Semi-Annual Data
	Mar16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial										0.46	0.19	0.39	0.20	0.28

Competitive Comparison of Trendzon Holdings Group's Cash-to-Debt

For the Engineering & Construction subindustry, Trendzon Holdings 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.

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

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

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

Trendzon Holdings 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.

Trendzon Holdings Group's Cash to Debt Ratio for the fiscal year that ended in Mar. 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)
	=	36.963	/	(77.298	+	112.323)
	=	0.19

Trendzon Holdings Group's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	55.822	/	(76.35	+	124.819)
	=	0.28

Trendzon Holdings Group (HKSE:01865) 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.

Trendzon Holdings Group Cash-to-Debt Related Terms

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

Trendzon Holdings Group (HKSE:01865) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Trendzon Holdings Group Ltd (HKSE:01865) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

The Gateway, Suite 2108, Prudential Tower, Harbour City, Hong Kong, HKG, 758110

Website

https://www.trendzon1865.com

Trendzon Holdings Group Ltd is an investment holding company. It is engaged in the provision of infrastructural pipeline construction and related engineering services mainly to private and public utilities companies in the gas, water, telecommunications, and power industries, trading of building materials, brokerage, placing and margin financing services. The company's operating segment includes Construction services, Brokerage, placing and margin financing services, and Trading of building materials. It generates maximum revenue from the Construction contracts segment. Geographically, it derives a majority of its revenue from Singapore.

Executives

Zhang Jiancheng	2201 Interest of corporation controlled by you
Zhong Bei Zi Ben You Xian Gong Si	2101 Beneficial owner
Shang Hai He Ri Tou Zi You Xian Gong Si	2101 Beneficial owner

Trendzon Holdings Group (HKSE:01865) Headlines

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