Huishang Bank (HKSE:03698) Cash-to-Debt : 0.72 (As of Jun. 2024)

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What is Huishang Bank 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. Huishang Bank's cash to debt ratio for the quarter that ended in Jun. 2024 was 0.72.

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, Huishang Bank 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 Huishang Bank's Cash-to-Debt or its related term are showing as below:

HKSE:03698' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.59 Med: 0.8 Max: 5.17
Current: 0.72

During the past 12 years, Huishang Bank's highest Cash to Debt Ratio was 5.17. The lowest was 0.59. And the median was 0.80.

HKSE:03698's Cash-to-Debt is ranked worse than
65.89% of 1498 companies
in the Banks industry
Industry Median: 1.295 vs HKSE:03698: 0.72

Huishang Bank Cash-to-Debt Historical Data

The historical data trend for Huishang Bank'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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Huishang Bank Cash-to-Debt Chart

Huishang Bank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.60

0.64

0.59

0.62

0.81

Huishang Bank Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Cash-to-Debt	Get a 7-Day Free Trial															0.74	0.62	0.69	0.81	0.72

Competitive Comparison of Huishang Bank's Cash-to-Debt

For the Banks - Regional subindustry, Huishang Bank'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.

Huishang Bank's Cash-to-Debt Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Huishang Bank's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Huishang Bank's Cash-to-Debt falls into.

Huishang Bank Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents 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.

Huishang Bank's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	162077.647	/	(0	+	199779.663)
	=	0.81

Huishang Bank's Cash to Debt Ratio for the quarter that ended in Jun. 2024 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	152863.66	/	(0	+	212776.569)
	=	0.72

Huishang Bank (HKSE:03698) 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.

Huishang Bank Cash-to-Debt Related Terms

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

Huishang Bank Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Huishang Bank Corp Ltd (HKSE:03698) » Definitions » Cash-to-Debt

Traded in Other Exchanges

HB8:Germany

Address

No. 1699 Yungu Road, Huishang Bank Building, Anhui Province, Hefei, CHN, 230092

Website

http://www.hsbank.com.cn

Huishang Bank Corp Ltd is a regional commercial bank in China. The company operates through four main business segments: corporate banking, retail banking, treasury, and others. The corporate banking segment provides financial services to corporate customers, government authorities, and financial institutions, such as current accounts, deposits, overdrafts, loans, and wealth management products. The retail banking segment provides services to retail customers, such as savings deposits, personal loans, and advances. The treasury segment provides securities investment and money market and repurchase transactions. The other segment includes investment holding and other miscellaneous activities. The company operates in China and earns the majority of its revenue in the Anhui Province.

Executives

Chuang Jian Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Xian Dai Chuang Xin Kong Gu You Xian Gong Si	2201 Interest of corporation controlled by you
Zhong Jing Xin Hua Zi Chan Guan Li You Xian Gong Si	2201 Interest of corporation controlled by you
Zhong Jing Shi Ye Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Shang Hai Song Qing Ling Ji Jin Hui	2201 Interest of corporation controlled by you
Shang Hai Zhong Jing An Yin Tou Zi You Xian Gong Si	2201 Interest of corporation controlled by you
Qing Tian An Yin Qi Ye Guan Li Zi Xun You Xian Gong Si	2201 Interest of corporation controlled by you
Zhong Jing Xin Hua Zi Chan Guan Li Xiang Gang You Xian Gong Si	2201 Interest of corporation controlled by you
Wealth Honest Limited	2101 Beneficial owner
Guotai Junan International Holdings Limited	2201 Interest of corporation controlled by you
Guotai Junan Securities Co., Ltd	2201 Interest of corporation controlled by you
Haitong International Holdings Limited	2201 Interest of corporation controlled by you
Haitong International Securities (singapore) Pte. Ltd.	2106 Person having a security interest in shares
Haitong International Securities Group Limited	2201 Interest of corporation controlled by you
Haitong Securities Co., Ltd.	2201 Interest of corporation controlled by you

Huishang Bank Headlines

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