Landrich Holding (HKSE:02132) Cash-to-Debt : 6.12 (As of Mar. 2024)

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What is Landrich Holding 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. Landrich Holding's cash to debt ratio for the quarter that ended in Mar. 2024 was 6.12.

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, Landrich Holding could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

HKSE:02132' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.62 Med: 6.12 Max: 361.3
Current: 6.12

During the past 9 years, Landrich Holding's highest Cash to Debt Ratio was 361.30. The lowest was 1.62. And the median was 6.12.

HKSE:02132's Cash-to-Debt is ranked better than
82.44% of 1691 companies
in the Construction industry
Industry Median: 0.62 vs HKSE:02132: 6.12

Landrich Holding Cash-to-Debt Historical Data

The historical data trend for Landrich Holding'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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Landrich Holding Cash-to-Debt Chart

Landrich Holding Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

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2.60

8.03

3.64

5.74

6.12

Landrich Holding Semi-Annual Data
	Mar16	Mar17	Mar18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial									3.64	4.42	5.74	9.07	6.12

Competitive Comparison of Landrich Holding's Cash-to-Debt

For the Engineering & Construction subindustry, Landrich Holding'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.

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

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

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

Landrich Holding 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.

Landrich Holding's Cash to Debt Ratio for the fiscal year that ended in Mar. 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)
	=	145.055	/	(22.525	+	1.169)
	=	6.12

Landrich Holding's Cash to Debt Ratio for the quarter that ended in Mar. 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)
	=	145.055	/	(22.525	+	1.169)
	=	6.12

Landrich Holding (HKSE:02132) 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.

Landrich Holding Cash-to-Debt Related Terms

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Landrich Holding Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Landrich Holding Ltd (HKSE:02132) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

6 Sha Tsui Road, Unit 2808, 28th Floor, The Octagon, Tsuen Wan, New Territories, Hong Kong, HKG

Website

http://www.landrich.com.hk

Landrich Holding Ltd is a construction company. It undertakes civil engineering works as either a main contractor or a subcontractor. The civil engineering projects can be broadly classified as roads and drainage works and site formation works. Further the company is also involved in the building works.

Executives

New Brilliance Enterprises Limited	2101 Beneficial owner
Tsui Kai Kwong	2201 Interest of corporation controlled by you
Wong Cheuk Mui	2202 Interest of your spouse

Landrich Holding Headlines

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