Hospital of China (HKSE:03869) Cash-to-Debt : 0.63 (As of Jun. 2024)

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What is Hospital of China 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. Hospital of China's cash to debt ratio for the quarter that ended in Jun. 2024 was 0.63.

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, Hospital of China 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 Hospital of China's Cash-to-Debt or its related term are showing as below:

HKSE:03869' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.32 Med: 0.63 Max: No Debt
Current: 0.63

During the past 10 years, Hospital of China's highest Cash to Debt Ratio was No Debt. The lowest was 0.32. And the median was 0.63.

HKSE:03869's Cash-to-Debt is ranked worse than
54.21% of 677 companies
in the Healthcare Providers & Services industry
Industry Median: 0.77 vs HKSE:03869: 0.63

Hospital of China Cash-to-Debt Historical Data

The historical data trend for Hospital of China'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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Hospital of China Cash-to-Debt Chart

Hospital of China Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.52

0.56

0.72

0.56

0.64

Hospital of China Semi-Annual Data
	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													0.63	0.56	0.69	0.64	0.63

Competitive Comparison of Hospital of China's Cash-to-Debt

For the Medical Care Facilities subindustry, Hospital of China'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.

Hospital of China's Cash-to-Debt Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Hospital of China's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Hospital of China's Cash-to-Debt falls into.

Hospital of China 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.

Hospital of China'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)
	=	730.525	/	(100.161	+	1034.043)
	=	0.64

Hospital of China'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)
	=	730.265	/	(1156.668	+	8.603)
	=	0.63

Hospital of China (HKSE:03869) 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.

Hospital of China Cash-to-Debt Related Terms

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Hospital of China Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Hospital Corporation of China Ltd (HKSE:03869) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.40, Xiaoyun Road, 4th Floor, Air China Century Plaza, Chaoyang District, Beijing, CHN

Website

http://www.hcclhealthcare.com

Hospital Corporation of China Ltd is an investment holding company that operates and manages hospitals in the People's Republic of China. In addition to offering hospital management services, it also provides supply chain services, other ancillary services to certain hospitals, and sells pharmaceutical products. The company has three operating segments, namely, Hospital management services, General hospital services, and the sale of pharmaceutical products. The Hospital management services segment is the primary revenue generator for the company.

Executives

Zhao John Huan	2201 Interest of corporation controlled by you
Exponential Fortune Group Limited	2106 Person having a security interest in shares
Hony Group Management Limited	2106 Person having a security interest in shares
Hony Managing Partners Limited	2106 Person having a security interest in shares
Lian Xiang Kong Gu Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Li Tao You Xian Gong Si	2101 Beneficial owner
Hony Capital Fund Viii (cayman), L.p.	2101 Beneficial owner
Hony Capital Fund Viii Gp (cayman) Limited	2201 Interest of corporation controlled by you
Hony Capital Fund Viii Gp (cayman), L.p.	2201 Interest of corporation controlled by you
Hony Capital Fund V Gp Limited	2201 Interest of corporation controlled by you
Hony Capital Fund V Gp, L.p.	2201 Interest of corporation controlled by you
Hony Capital Fund V, L.p.	2201 Interest of corporation controlled by you
Yu Feng You Xian Gong Si	2101 Beneficial owner
An Hui Zhong An Jian Kang Tou Zi Guan Li You Xian Gong Si	2201 Interest of corporation controlled by you

Hospital of China Headlines

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