JiaChen Holding Group (HKSE:01937) Cash-to-Debt : 0.65 (As of Jun. 2024)

View and export this data going back to 2020. Start your Free Trial

What is JiaChen Holding 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. JiaChen Holding Group's cash to debt ratio for the quarter that ended in Jun. 2024 was 0.65.

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, JiaChen Holding Group couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2024.

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

HKSE:01937' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.08 Med: 0.62 Max: 1.56
Current: 0.52

During the past 9 years, JiaChen Holding Group's highest Cash to Debt Ratio was 1.56. The lowest was 0.08. And the median was 0.62.

HKSE:01937's Cash-to-Debt is ranked worse than
54.62% of 1721 companies
in the Construction industry
Industry Median: 0.66 vs HKSE:01937: 0.52

JiaChen Holding Group Cash-to-Debt Historical Data

The historical data trend for JiaChen Holding 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.

* Premium members only.

JiaChen Holding Group Cash-to-Debt Chart

JiaChen Holding Group Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash-to-Debt

Get a 7-Day Free Trial

0.72

0.68

0.59

0.46

0.52

JiaChen Holding Group Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Cash-to-Debt	Get a 7-Day Free Trial											0.59	0.76	0.46	0.65	0.52

Competitive Comparison of JiaChen Holding Group's Cash-to-Debt

For the Building Products & Equipment subindustry, JiaChen Holding 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.

JiaChen Holding Group's Cash-to-Debt Distribution in the Construction Industry

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

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

Save Embed

;

Save Embed

;

JiaChen Holding 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.

JiaChen Holding 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)
	=	45.809	/	(99.617	+	0.008)
	=	0.46

JiaChen Holding Group's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	62.47	/	(95.838	+	0)
	=	0.65

JiaChen Holding Group (HKSE:01937) 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.

JiaChen Holding Group Cash-to-Debt Related Terms

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

JiaChen Holding Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » JiaChen Holding Group Ltd (HKSE:01937) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.18 Changhong East Road, Henglin Town, Wujin District, Jiangsu Province, Changzhou, CHN

Website

https://www.jiachencn.com.cn

JiaChen Holding Group Ltd is engaged in the manufacturing and sales of access flooring products and provides related installation services. Its segments consist of Steel access flooring plates; and Calcium-sulfate access flooring plates. Its access flooring products have been applied in office buildings in China with characteristics of cable management (wires and cables are managed and organized underfloor with flexibility to accommodate any electronic devices); short installation time; high compressive strength and fire-resistance characteristic; and high bearing capacity. The geographical presence of the company is in Hong Kong, PRC, and Other countries and regions. It generates the majority of its revenue from the PRC.

Executives

Shen Min	2201 Interest of corporation controlled by you
Zhang Yaying	2202 Interest of your spouse
Global Yunhong Group Limited	2101 Beneficial owner
Jia Chen Tou Zi You Xian Gong Si	2101 Beneficial owner
Li Yubao	2201 Interest of corporation controlled by you
Liu Hui	2202 Interest of your spouse
Shen Minghui	2201 Interest of corporation controlled by you
Xin Chen Tou Zi You Xian Gong Si	2101 Beneficial owner
Yi Long Tou Zi You Xian Gong Si	2101 Beneficial owner

JiaChen Holding Group Headlines

No Headlines