Shuoao International Holdings (HKSE:02336) Cash-to-Debt : 48.90 (As of Dec. 2023)

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What is Shuoao 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. Shuoao International Holdings's cash to debt ratio for the quarter that ended in Dec. 2023 was 48.90.

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, Shuoao International Holdings could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

HKSE:02336' s Cash-to-Debt Range Over the Past 10 Years
Min: 28.95 Med: 5616.38 Max: No Debt
Current: 48.9

During the past 13 years, Shuoao International Holdings's highest Cash to Debt Ratio was No Debt. The lowest was 28.95. And the median was 5616.38.

HKSE:02336's Cash-to-Debt is ranked better than
84.8% of 934 companies
in the Semiconductors industry
Industry Median: 1.885 vs HKSE:02336: 48.90

Shuoao International Holdings Cash-to-Debt Historical Data

The historical data trend for Shuoao 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.

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Shuoao International Holdings Cash-to-Debt Chart

Shuoao International Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

28.95

48.90

Shuoao International Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	23.41	28.95	36.44	48.90

Competitive Comparison of Shuoao International Holdings's Cash-to-Debt

For the Semiconductor Equipment & Materials subindustry, Shuoao 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.

Shuoao International Holdings's Cash-to-Debt Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Shuoao International Holdings's Cash-to-Debt distribution charts can be found below:

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

Shuoao 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.

Shuoao 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)
	=	82.145	/	(1.548	+	0.132)
	=	48.90

Shuoao 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)
	=	82.145	/	(1.548	+	0.132)
	=	48.90

Shuoao International Holdings (HKSE:02336) 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.

Shuoao International Holdings Cash-to-Debt Related Terms

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Shuoao International Holdings (HKSE:02336) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Shuoao International Holdings Ltd (HKSE:02336) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 19 Des Voeux Road Central, Office 18, 6th Floor, World-wide House, Hong Kong, HKG

Website

https://www.hailianghk.com

Shuoao International Holdings Ltd Formerly Hailiang International Holdings Ltd is an investment holding company engaged in the business of the sale of metals, the development and provision of electronic turnkey device solutions, and property development. The company operates in three segments Sale of metals, Development and provision of electronic turnkey device solutions, and Property development segment. It earns the majority of its revenue from the sale of metals segment. Geographically, it derives maximum revenue from Hong Kong and also has a presence in the Singapore, Peoples Republic of China, and other countries.

Executives

Feng Hailiang	2201 Interest of corporation controlled by you
Fu Bang Tou Zi You Xian Gong Si	2101 Beneficial owner
Hai Liang Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Ning Bo Zhe Tao Tou Zi Kong Gu You Xian Gong Si Qian Cheng Shang Hai Wei Ze Tou Zi Kong Gu You Xian	2201 Interest of corporation controlled by you

Shuoao International Holdings (HKSE:02336) Headlines

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