CN Logistics International Holdings (HKSE:02130) Cash-to-Debt : 0.67 (As of Dec. 2023)

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

What is CN Logistics International 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. CN Logistics International Holdings's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.67.

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, CN Logistics International 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 CN Logistics International Holdings's Cash-to-Debt or its related term are showing as below:

HKSE:02130' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.43 Med: 0.71 Max: 1.08
Current: 0.67

During the past 7 years, CN Logistics International Holdings's highest Cash to Debt Ratio was 1.08. The lowest was 0.43. And the median was 0.71.

HKSE:02130's Cash-to-Debt is ranked better than
57.81% of 967 companies
in the Transportation industry
Industry Median: 0.49 vs HKSE:02130: 0.67

CN Logistics International Holdings Cash-to-Debt Historical Data

The historical data trend for CN Logistics International 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.

CN Logistics International Holdings Cash-to-Debt Chart

CN Logistics International Holdings Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.43

1.08

0.80

0.67

CN Logistics International Holdings Semi-Annual Data
	Dec17	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial						1.08	1.02	0.80	0.73	0.67

Competitive Comparison of CN Logistics International Holdings's Cash-to-Debt

For the Integrated Freight & Logistics subindustry, CN Logistics International 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.

CN Logistics International Holdings's Cash-to-Debt Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, CN Logistics International Holdings's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where CN Logistics International Holdings's Cash-to-Debt falls into.

CN Logistics International 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.

CN Logistics International 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)
	=	282.484	/	(358.192	+	64.486)
	=	0.67

CN Logistics International 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)
	=	282.484	/	(358.192	+	64.486)
	=	0.67

CN Logistics International Holdings (HKSE:02130) 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.

CN Logistics International Holdings Cash-to-Debt Related Terms

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

CN Logistics International Holdings (HKSE:02130) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » CN Logistics International Holdings Ltd (HKSE:02130) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

97-107 Wo Yi Hop Road, Unit B, 13th Floor, Park Sun Building, Kwai Chung, New Territories, Hong Kong, HKG

Website

https://www.cnlogistics.com.hk

CN Logistics International Holdings Ltd is an international logistics solutions provider. Its core business is providing air freight forwarding services and distribution and logistics services in relation to fashion products and fine wine, majorly focusing on high-end fashion including luxury and affordable luxury products.

Executives

Cargo Services Group Limited	2201 Interest of corporation controlled by you
Cs Logistics Holdings Ltd.	2201 Interest of corporation controlled by you
Lau Shek Yau John	2201 Interest of corporation controlled by you
Bai Chang Tai You Xian Gong Si	2201 Interest of corporation controlled by you
Dp World Limited	2201 Interest of corporation controlled by you
Cargo Services Seafreight Limited	2101 Beneficial owner
Cargo Services (logistics) Limited	2101 Beneficial owner
Ngan Au Kei Yee
Ngan Tim Wing	2101 Beneficial owner
Chan Wing Luk	2101 Beneficial owner

CN Logistics International Holdings (HKSE:02130) Headlines

No Headlines