Sansheng Holdings (Group) Co (HKSE:02183) Cash-to-Debt : 0.29 (As of Dec. 2021)

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What is Sansheng Holdings (Group) Co 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. Sansheng Holdings (Group) Co's cash to debt ratio for the quarter that ended in Dec. 2021 was 0.29.

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, Sansheng Holdings (Group) Co couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2021.

The historical rank and industry rank for Sansheng Holdings (Group) Co's Cash-to-Debt or its related term are showing as below:

HKSE:02183's Cash-to-Debt is not ranked ^*
in the Real Estate industry.
Industry Median: 0.25
* Ranked among companies with meaningful Cash-to-Debt only.

Sansheng Holdings (Group) Co Cash-to-Debt Historical Data

The historical data trend for Sansheng Holdings (Group) Co'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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Sansheng Holdings (Group) Co Cash-to-Debt Chart

Sansheng Holdings (Group) Co Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Cash-to-Debt

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0.33

0.07

0.17

0.36

0.29

Sansheng Holdings (Group) Co Semi-Annual Data
	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21
Cash-to-Debt	Get a 7-Day Free Trial															0.17	0.16	0.36	0.43	0.29

Competitive Comparison of Sansheng Holdings (Group) Co's Cash-to-Debt

For the Real Estate - Development subindustry, Sansheng Holdings (Group) Co'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.

Sansheng Holdings (Group) Co's Cash-to-Debt Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Sansheng Holdings (Group) Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Sansheng Holdings (Group) Co's Cash-to-Debt falls into.

Sansheng Holdings (Group) Co 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.

Sansheng Holdings (Group) Co's Cash to Debt Ratio for the fiscal year that ended in Dec. 2021 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)
	=	5291.252	/	(5777.593	+	12454.022)
	=	0.29

Sansheng Holdings (Group) Co's Cash to Debt Ratio for the quarter that ended in Dec. 2021 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)
	=	5291.252	/	(5777.593	+	12454.022)
	=	0.29

Sansheng Holdings (Group) Co (HKSE:02183) 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.

Sansheng Holdings (Group) Co Cash-to-Debt Related Terms

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Sansheng Holdings (Group) Co (HKSE:02183) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Sansheng Holdings (Group) Co Ltd (HKSE:02183) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

The Gateway Tower 6, Room 3207, Tsim Sha Tsui, Kowloon, Hong Kong, HKG

Website

http://www.sansheng.hk

Sansheng Holdings (Group) Co Ltd together with its subsidiaries is engaged in property development and sale, and property investment. Its portfolio includes commercial or non-residential properties. It has a geographical presence in Hong Kong and China. The company's revenue mainly derived from sales of properties, with a small proportion from investment properties rental income.

Executives

Mega Regal Limited	2101 Beneficial owner
Cheng Xuan	2202 Interest of your spouse
Lin Rongbin	2201 Interest of corporation controlled by you
China Orient Asset Management Co., Ltd.	2201 Interest of corporation controlled by you
Springboard Holdings Limited	2101 Beneficial owner
Lau Luen Hung, Thomas	2201 Interest of corporation controlled by you
Dong Xing Zheng Quan Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Dong Xing Zheng Quan Xiang Gang Jin Rong Kong Gu You Xian Gong Si	2106 Person having a security interest in shares
Modern Times Development Limited	2201 Interest of corporation controlled by you

Sansheng Holdings (Group) Co (HKSE:02183) Headlines

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