Lushang Life Services Co (HKSE:02376) Cash-to-Debt : 39.62 (As of Jun. 2024)

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What is Lushang Life Services 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. Lushang Life Services Co's cash to debt ratio for the quarter that ended in Jun. 2024 was 39.62.

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, Lushang Life Services Co could pay off its debt using the cash in hand for the quarter that ended in Jun. 2024.

The historical rank and industry rank for Lushang Life Services Co's Cash-to-Debt or its related term are showing as below:

HKSE:02376' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.49 Med: 96.52 Max: No Debt
Current: 53.27

During the past 6 years, Lushang Life Services Co's highest Cash to Debt Ratio was No Debt. The lowest was 1.49. And the median was 96.52.

HKSE:02376's Cash-to-Debt is ranked better than
89.53% of 1757 companies
in the Real Estate industry
Industry Median: 0.25 vs HKSE:02376: 53.27

Lushang Life Services Co Cash-to-Debt Historical Data

The historical data trend for Lushang Life Services 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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Lushang Life Services Co Cash-to-Debt Chart

Lushang Life Services Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash-to-Debt

Get a 7-Day Free Trial

1.49

86.87

167.96

198.08

53.27

Lushang Life Services Co Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Cash-to-Debt	Get a 7-Day Free Trial					167.96	106.17	198.08	39.62	53.27

Competitive Comparison of Lushang Life Services Co's Cash-to-Debt

For the Real Estate Services subindustry, Lushang Life Services 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.

Lushang Life Services Co's Cash-to-Debt Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Lushang Life Services Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Lushang Life Services Co's Cash-to-Debt falls into.

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Lushang Life Services 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.

Lushang Life Services Co'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)
	=	450.226	/	(0.369	+	1.904)
	=	198.08

Lushang Life Services Co'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)
	=	416.773	/	(8.621	+	1.899)
	=	39.62

Lushang Life Services Co (HKSE:02376) 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.

Lushang Life Services Co Cash-to-Debt Related Terms

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

Lushang Life Services Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Lushang Life Services Co Ltd (HKSE:02376) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 9777 Jingshi Road, Room 202, Block 2, Lushang Guo’ao City, Lixia District, Shandong Province, Jinan, CHN

Website

https://www.lushangfuwu.com

Lushang Life Services Co Ltd is principally engaged in the provision of property management services, community value-added services, and value-added services to non-property owners. It manages a diverse portfolio of properties, including residential properties; commercial properties such as commercial complexes, office buildings, and apartments; and other types of properties including municipal facilities such as city roads, schools, theme towns, hospitals, banks, industrial parks, and airline base property. It derives the majority of from property management services that comprise comprising cleaning, security, greening, repair and maintenance, public area maintenance, and other property management-related services.

Executives

Bei Jing Cheng Jian Fang Di Chan Kai Fa You Xian Gong Si
Bei Jing Cheng Jian Ji Tuan You Xian Ze Ren Gong Si
Central Huijin Investment Ltd.	2201 Interest of corporation controlled by you
Abc International Holdings Limited	2201 Interest of corporation controlled by you
Abci Securities Company Limited	2105 Underwriter
Agricultural Bank Of China Limited	2201 Interest of corporation controlled by you
China International Economic Trading Limited
Huatai Securities Co., Ltd.	2201 Interest of corporation controlled by you
Hwabao Trust Co., Ltd	2301 Trustee
Abci Capital Limited	2501 Other
Lu Dunke	2201 Interest of corporation controlled by you
Fan Qinyuan	2201 Interest of corporation controlled by you
Wen Shang Xian Ke Jin Jian An Lao Wu You Xian Ze Ren Gong Si	2101 Beneficial owner
Nan Tong Chen Yun Jian Zhu Lao Wu You Xian Gong Si	2101 Beneficial owner
Shan Dong Tian Qi Chuang Ye Tou Zi You Xian Gong Si	2101 Beneficial owner

Lushang Life Services Co Headlines

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