China Merchants Securities Asset Management Co.,Ltd (HKSE:06099) Cash-to-Debt : 1.39 (As of Mar. 2025)

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What is China Merchants Securities Asset Management Co.,Ltd 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. China Merchants Securities Asset Management Co.,Ltd's cash to debt ratio for the quarter that ended in Mar. 2025 was 1.39.

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, China Merchants Securities Asset Management Co.,Ltd could pay off its debt using the cash in hand for the quarter that ended in Mar. 2025.

The historical rank and industry rank for China Merchants Securities Asset Management Co.,Ltd's Cash-to-Debt or its related term are showing as below:

HKSE:06099' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.1 Med: 1.36 Max: 2.67
Current: 1.39

During the past 13 years, China Merchants Securities Asset Management Co.,Ltd's highest Cash to Debt Ratio was 2.67. The lowest was 1.10. And the median was 1.36.

HKSE:06099's Cash-to-Debt is ranked worse than
59.64% of 778 companies
in the Capital Markets industry
Industry Median: 2.43 vs HKSE:06099: 1.39

China Merchants Securities Asset Management Co.,Ltd Cash-to-Debt Historical Data

The historical data trend for China Merchants Securities Asset Management Co.,Ltd'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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China Merchants Securities Asset Management Co.,Ltd Cash-to-Debt Chart

China Merchants Securities Asset Management Co.,Ltd Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash-to-Debt

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1.35

1.20

1.26

1.13

1.46

China Merchants Securities Asset Management Co.,Ltd Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Cash-to-Debt	Get a 7-Day Free Trial															1.21	1.22	1.58	1.46	1.39

Competitive Comparison of China Merchants Securities Asset Management Co.,Ltd's Cash-to-Debt

For the Capital Markets subindustry, China Merchants Securities Asset Management Co.,Ltd'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.

China Merchants Securities Asset Management Co.,Ltd's Cash-to-Debt Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, China Merchants Securities Asset Management Co.,Ltd's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where China Merchants Securities Asset Management Co.,Ltd's Cash-to-Debt falls into.

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China Merchants Securities Asset Management Co.,Ltd 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.

China Merchants Securities Asset Management Co.,Ltd's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
	=	305611.499	/	(0	+	209842.446)
	=	1.46

China Merchants Securities Asset Management Co.,Ltd's Cash to Debt Ratio for the quarter that ended in Mar. 2025 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)
	=	267309.077	/	(0	+	191694.495)
	=	1.39

China Merchants Securities Asset Management Co.,Ltd (HKSE:06099) 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.

China Merchants Securities Asset Management Co.,Ltd Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of China Merchants Securities Asset Management Co.,Ltd's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

China Merchants Securities Asset Management Co.,Ltd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » China Merchants Securities Asset Management Co.,Ltd (HKSE:06099) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

195H:Germany 600999:China

Address

No. 111, Fuhua First Road, Futian Street, Futian District, Guangdong Province, Shenzhen, CHN, 518046

Website

https://www.cmschina.com

China Merchants Securities Asset Management Co.,Ltd formerly China Merchants Securities Co Ltd is a financial service provider. The company provides services like, investment banking, financial advisory, equity underwriting, assets management, investment advisory, and trading equity securities among others. Its business is divided into four segments: Wealth management and institutional business; Investment banking; Investment management; and Investment and trading. The Wealth management and institutional business segment which generates key revenue engages in the trading of stocks and futures contracts on behalf of clients and includes margin financing, securities lending, and selling financial and other wealth management products.

Executives

He Bei Gang Kou Ji Tuan You Xian Gong Si	2101 Beneficial owner
Best Winner Investment Limited	2101 Beneficial owner
China Merchants Group Limited	2201 Interest of corporation controlled by you
Zhao Shang Ju Lun Chuan You Xian Gong Si	2201 Interest of corporation controlled by you
Zhao Rong Tou Zi Kong Gu Xiang Gang You Xian Gong Si	2201 Interest of corporation controlled by you
Shen Zhen Shi Zhao Rong Tou Zi Kong Gu You Xian Gong Si	2201 Interest of corporation controlled by you
Cosco Shipping Financial Holdings Co., Limited	2101 Beneficial owner
Zhong Guo Yuan Yang Hai Yun Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Zhong Guo Ren Min Bao Xian Ji Tuan Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Zhong Guo Ren Min Ren Shou Bao Xian Gu Fen You Xian Gong Si	2101 Beneficial owner

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