Ching Lee Holdings (HKSE:03728) Cash-to-Debt : 0.34 (As of Sep. 2024)

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What is Ching Lee 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. Ching Lee Holdings's cash to debt ratio for the quarter that ended in Sep. 2024 was 0.34.

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, Ching Lee Holdings couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

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

HKSE:03728' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.09 Med: 0.36 Max: 4.87
Current: 0.34

During the past 11 years, Ching Lee Holdings's highest Cash to Debt Ratio was 4.87. The lowest was 0.09. And the median was 0.36.

HKSE:03728's Cash-to-Debt is ranked worse than
64.68% of 1724 companies
in the Construction industry
Industry Median: 0.65 vs HKSE:03728: 0.34

Ching Lee Holdings Cash-to-Debt Historical Data

The historical data trend for Ching Lee 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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Ching Lee Holdings Cash-to-Debt Chart

Ching Lee Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

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0.36

0.63

0.39

0.41

0.26

Ching Lee Holdings Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial															0.18	0.41	0.24	0.26	0.34

Competitive Comparison of Ching Lee Holdings's Cash-to-Debt

For the Engineering & Construction subindustry, Ching Lee 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.

Ching Lee Holdings's Cash-to-Debt Distribution in the Construction Industry

For the Construction industry and Industrials sector, Ching Lee Holdings's Cash-to-Debt distribution charts can be found below:

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

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Ching Lee 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.

Ching Lee Holdings's Cash to Debt Ratio for the fiscal year that ended in Mar. 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)
	=	43.006	/	(165.434	+	0.731)
	=	0.26

Ching Lee Holdings's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	63.907	/	(187.939	+	0.303)
	=	0.34

Ching Lee Holdings (HKSE:03728) 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.

Ching Lee Holdings Cash-to-Debt Related Terms

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Ching Lee Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Ching Lee Holdings Ltd (HKSE:03728) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

28 Shanghai Street, Room 203-204, 2nd Floor, Hang Bong Commercial Centre, Jordan, Kowloon, Hong Kong, HKG

Website

https://www.chingleeholdings.com

Ching Lee Holdings Ltd is an investment holding company. It is engaged in providing substructure building works services, superstructure building works services, and repair, maintenance, alteration, and addition works services. Substructure building works refer to building works about the parts of the structure below or above the ground level respectively while the repair, maintenance, alteration, and addition work services segment accounts for existing structing. The superstructure works projects consist of demolition and hoarding, site formation and foundation work and the RMAA works services segment. The majority of the company's revenue comes from the superstructure building work services. The group is based in Hong Kong.

Executives

Ng Choi Wah

2101 Beneficial owner

Ching Lee Holdings Headlines

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