Ling Yue Services Group (HKSE:02165) Cash-to-Debt : No Debt ⁽¹⁾ (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Ling Yue Services 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. Ling Yue Services Group's cash to debt ratio for the quarter that ended in Dec. 2023 was No Debt ⁽¹⁾.

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, Ling Yue Services Group could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

(1) 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.

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

HKSE:02165' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.91 Med: 205.54 Max: No Debt
Current: No Debt

During the past 6 years, Ling Yue Services Group's highest Cash to Debt Ratio was No Debt. The lowest was 1.91. And the median was 205.54.

HKSE:02165's Cash-to-Debt is ranked better than
99.66% of 1782 companies
in the Real Estate industry
Industry Median: 0.255 vs HKSE:02165: No Debt

Ling Yue Services Group Cash-to-Debt Historical Data

The historical data trend for Ling Yue Services 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.

Ling Yue Services Group Cash-to-Debt Chart

Ling Yue Services Group Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

14.13

45.88

365.20

No Debt

Ling Yue Services Group Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial					365.20	808.91	No Debt	No Debt	No Debt

Competitive Comparison of Ling Yue Services Group's Cash-to-Debt

For the Real Estate Services subindustry, Ling Yue Services 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.

Ling Yue Services Group's Cash-to-Debt Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Ling Yue Services Group's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Ling Yue Services Group's Cash-to-Debt falls into.

Ling Yue Services 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.

Ling Yue Services Group's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Ling Yue Services Group had no debt ⁽¹⁾.

Ling Yue Services Group's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Ling Yue Services Group had no debt ⁽¹⁾.

Ling Yue Services Group (HKSE:02165) 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.

Ling Yue Services Group Cash-to-Debt Related Terms

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

Ling Yue Services Group (HKSE:02165) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Ling Yue Services Group Ltd (HKSE:02165) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 151, 2nd Tianfu Street, Leading International Finance Center, 44th Floor, Tower A, Gaoxin District, Sichuan Province, Chengdu, CHN, 610000

Website

https://www.lingyue-service.com

Ling Yue Services Group Ltd is a property management company. Its business covers residential property services, commercial property services, urban services, public construction services, and others. The Group's revenue is mainly derived from three major businesses namely property management services; value-added services to non-property owners; and community value-added services. The majority of revenue is derived from the property management services segment.

Executives

Hou Sanli	2201 Interest of corporation controlled by you
Liu Yuhui	2201 Interest of corporation controlled by you
Wang Tao	2201 Interest of corporation controlled by you
Liu Ce	2201 Interest of corporation controlled by you
Liu Haowei	2201 Interest of corporation controlled by you
Long Yiqin	2201 Interest of corporation controlled by you
Jin Sha Jiang Holding Limited	2101 Beneficial owner
Liu Yuqi	2202 Interest of your spouse
Hai Yue Holding Limited
Chen Aoao	2202 Interest of your spouse
Lan Tian	2202 Interest of your spouse
Liu Shan	2202 Interest of your spouse
Tianyue Holding Limited	2101 Beneficial owner
Linghui Holding Limited	2101 Beneficial owner
Yuelai Holding Limited	2101 Beneficial owner

Ling Yue Services Group (HKSE:02165) Headlines

No Headlines

Ling Yue Services Group (HKSE:02165) Cash-to-Debt : No Debt (1) (As of Dec. 2023)