Henan Jinyuan Hydrogenated Chemicals Co (HKSE:02502) Cash-to-Debt : 1.04 (As of Dec. 2024)

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What is Henan Jinyuan Hydrogenated Chemicals 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. Henan Jinyuan Hydrogenated Chemicals Co's cash to debt ratio for the quarter that ended in Dec. 2024 was 1.04.

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, Henan Jinyuan Hydrogenated Chemicals Co could pay off its debt using the cash in hand for the quarter that ended in Dec. 2024.

The historical rank and industry rank for Henan Jinyuan Hydrogenated Chemicals Co's Cash-to-Debt or its related term are showing as below:

HKSE:02502' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.56 Med: 0.98 Max: 1.14
Current: 1.04

During the past 5 years, Henan Jinyuan Hydrogenated Chemicals Co's highest Cash to Debt Ratio was 1.14. The lowest was 0.56. And the median was 0.98.

HKSE:02502's Cash-to-Debt is ranked better than
58.04% of 1549 companies
in the Chemicals industry
Industry Median: 0.71 vs HKSE:02502: 1.04

Henan Jinyuan Hydrogenated Chemicals Co Cash-to-Debt Historical Data

The historical data trend for Henan Jinyuan Hydrogenated Chemicals 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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Henan Jinyuan Hydrogenated Chemicals Co Cash-to-Debt Chart

Henan Jinyuan Hydrogenated Chemicals Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Cash-to-Debt

0.66

0.98

0.56

1.14

1.04

Henan Jinyuan Hydrogenated Chemicals Co Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Cash-to-Debt	Get a 7-Day Free Trial			0.56	0.25	1.14	1.13	1.04

Competitive Comparison of Henan Jinyuan Hydrogenated Chemicals Co's Cash-to-Debt

For the Specialty Chemicals subindustry, Henan Jinyuan Hydrogenated Chemicals 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.

Henan Jinyuan Hydrogenated Chemicals Co's Cash-to-Debt Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Henan Jinyuan Hydrogenated Chemicals Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Henan Jinyuan Hydrogenated Chemicals Co's Cash-to-Debt falls into.

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Henan Jinyuan Hydrogenated Chemicals 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.

Henan Jinyuan Hydrogenated Chemicals Co's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
	=	376.477	/	(248.266	+	112.898)
	=	1.04

Henan Jinyuan Hydrogenated Chemicals Co's Cash to Debt Ratio for the quarter that ended in Dec. 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)
	=	376.477	/	(248.266	+	112.898)
	=	1.04

Henan Jinyuan Hydrogenated Chemicals Co (HKSE:02502) 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.

Henan Jinyuan Hydrogenated Chemicals Co Cash-to-Debt Related Terms

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

Henan Jinyuan Hydrogenated Chemicals Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Henan Jinyuan Hydrogenated Chemicals Co Ltd (HKSE:02502) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

West First Ring Road South, Henan Province, Jiyuan, CHN

Website

https://www.jyqhhg.com

Henan Jinyuan Hydrogenated Chemicals Co Ltd supplies hydrogenated benzene-based chemicals and energy products in Henan province. The company operates in the following segments: The Refined chemicals segment which accounts for the majority of revenue engages in sales of hydrogenated benzene-based chemicals; the Energy products segment sale energy products, mainly coal gas and LNG; Trading engages in trading of refined oil, LNG, and hydrogen through gas stations and Other Services segment.

Executives

Henan Jinma Energy Company Limited
Max Success Group Holdings Limited
Ng Mei Ling
Yeung Chi Ming
Ascend Open Master Fund Vcc - Yide Kui Mao Fund V	2101 Beneficial owner
Haitong International Holdings Limited	2201 Interest of corporation controlled by you
Haitong International Securities Company Limited	2101 Beneficial owner
Haitong International Securities Group Limited	2201 Interest of corporation controlled by you
Haitong Securities Co., Ltd.	2201 Interest of corporation controlled by you
Ubs Tc (jersey) Ltd	2201 Interest of corporation controlled by you
Zhongsheng Holdings Company Limited	2101 Beneficial owner
Zhongsheng Group Holdings Limited	2201 Interest of corporation controlled by you
You Zhenhua
Wang Fengmei
Dong Caiping

Henan Jinyuan Hydrogenated Chemicals Co Headlines

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