China City Infrastructure Group (HKSE:02349) Cash-to-Debt : 0.03 (As of Jun. 2024)

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What is China City Infrastructure 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. China City Infrastructure Group's cash to debt ratio for the quarter that ended in Jun. 2024 was 0.03.

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, China City Infrastructure Group couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2024.

The historical rank and industry rank for China City Infrastructure Group's Cash-to-Debt or its related term are showing as below:

HKSE:02349' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.04 Max: 0.23
Current: 0.03

During the past 13 years, China City Infrastructure Group's highest Cash to Debt Ratio was 0.23. The lowest was 0.01. And the median was 0.04.

HKSE:02349's Cash-to-Debt is ranked worse than
88.31% of 1754 companies
in the Real Estate industry
Industry Median: 0.25 vs HKSE:02349: 0.03

China City Infrastructure Group Cash-to-Debt Historical Data

The historical data trend for China City Infrastructure 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.

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China City Infrastructure Group Cash-to-Debt Chart

China City Infrastructure Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash-to-Debt

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0.03

0.02

0.05

0.04

0.03

China City Infrastructure Group Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Cash-to-Debt	Get a 7-Day Free Trial															0.05	0.04	0.04	0.03	0.03

Competitive Comparison of China City Infrastructure Group's Cash-to-Debt

For the Real Estate - Diversified subindustry, China City Infrastructure 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.

China City Infrastructure Group's Cash-to-Debt Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, China City Infrastructure Group's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where China City Infrastructure Group's Cash-to-Debt falls into.

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China City Infrastructure 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.

China City Infrastructure Group'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)
	=	12.566	/	(31.09	+	314.594)
	=	0.04

China City Infrastructure Group's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	9.991	/	(31.374	+	334.99)
	=	0.03

China City Infrastructure Group (HKSE:02349) 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.

China City Infrastructure Group Cash-to-Debt Related Terms

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China City Infrastructure Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » China City Infrastructure Group Ltd (HKSE:02349) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

18 Harbour Road, Suit 6208, 62nd Floor, Central Plaza, Wanchai, Hong Kong, HKG

Website

http://www.city-infrastructure.com

China City Infrastructure Group Ltd is an investment holding company. The Company focuses on property development, leasing investment properties, and property management business services in Wuhan, China. Operating primarily in Hubei Province, it serves both residential and commercial sectors in the dynamic Chinese real estate market. It operates its business through four segments: the Property Development Business segment, which engages in the development of property projects; the Property Investment Business segment is engaged in the leasing of investment properties. and Property Management Business segment is engaged in the provision of property management and other services. The company generates the majority of its revenue from the PRC.

Executives

Sky Climber Development Limited	2101 Beneficial owner
Yang Zhixiong	2201 Interest of corporation controlled by you
Fu Lam Wu	2106 Person having a security interest in shares
Linkway Investment Holdings Limited
Li Chao Bo
China Financial International Investments Limited
Good Outlook Investments Limited	2101 Beneficial owner
Wang Lisha
Capital Focus Asset Management Limited
China Financial International Investments & Managements Limited

China City Infrastructure Group Headlines

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