Heng Hup Holdings (HKSE:01891) Cash-to-Debt : 0.18 (As of Dec. 2023)

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What is Heng Hup 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. Heng Hup Holdings's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.18.

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, Heng Hup Holdings couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

HKSE:01891' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.18 Med: 0.52 Max: 3.35
Current: 0.18

During the past 9 years, Heng Hup Holdings's highest Cash to Debt Ratio was 3.35. The lowest was 0.18. And the median was 0.52.

HKSE:01891's Cash-to-Debt is ranked worse than
85.95% of 2926 companies
in the Industrial Products industry
Industry Median: 1.22 vs HKSE:01891: 0.18

Heng Hup Holdings Cash-to-Debt Historical Data

The historical data trend for Heng Hup 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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Heng Hup Holdings Cash-to-Debt Chart

Heng Hup Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

3.35

1.17

0.76

0.47

0.18

Heng Hup Holdings Semi-Annual Data
	Dec15	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial										0.76	0.48	0.47	0.51	0.18

Competitive Comparison of Heng Hup Holdings's Cash-to-Debt

For the Metal Fabrication subindustry, Heng Hup 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.

Heng Hup Holdings's Cash-to-Debt Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Heng Hup Holdings's Cash-to-Debt distribution charts can be found below:

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

Heng Hup 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.

Heng Hup 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)
	=	33.072	/	(148.779	+	31.387)
	=	0.18

Heng Hup 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)
	=	33.072	/	(148.779	+	31.387)
	=	0.18

Heng Hup Holdings (HKSE:01891) 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.

Heng Hup Holdings Cash-to-Debt Related Terms

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

Heng Hup Holdings (HKSE:01891) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Heng Hup Holdings Ltd (HKSE:01891) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 264, Jalan Satu A, Kampung Baru Subang, Shah Alam, MYS, 40150

Website

https://www.henghup.com

Heng Hup Holdings Ltd is a scrap ferrous metal trader in Malaysia. The company is mainly engaged in trading of scrap ferrous metals, used batteries, waste paper, and other scraps. Its only operating segment being trading of recycling materials. Geographically, it derives revenue from Malaysia.

Executives

Juan Sook Fong	2202 Interest of your spouse
Koo Lee Ching	2202 Interest of your spouse
Loh Hui Mei	2202 Interest of your spouse
Peong Ai Teen	2202 Interest of your spouse
Sia Keng Leong	2201 Interest of corporation controlled by you
Sia Kok Chin	2201 Interest of corporation controlled by you
Sia Kok Chong	2201 Interest of corporation controlled by you
Sia Kok Heong	2201 Interest of corporation controlled by you
Sia Kok Seng	2201 Interest of corporation controlled by you
Yang Mei Feng	2202 Interest of your spouse
5s Holdings (bvi) Limited	2101 Beneficial owner
Poon Ka Ho Stanley

Heng Hup Holdings (HKSE:01891) Headlines

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