Zhenro Properties Group (HKSE:06158) Cash-to-Debt : 0.03 (As of Dec. 2023)

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What is Zhenro Properties Group 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. Zhenro Properties Group's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.03.

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, Zhenro Properties Group couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

The historical rank and industry rank for Zhenro Properties Group's Cash-to-Debt or its related term are showing as below:

HKSE:06158' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.03 Med: 0.37 Max: 0.54
Current: 0.03

During the past 10 years, Zhenro Properties Group's highest Cash to Debt Ratio was 0.54. The lowest was 0.03. And the median was 0.37.

HKSE:06158's Cash-to-Debt is ranked worse than
87.54% of 1790 companies
in the Real Estate industry
Industry Median: 0.255 vs HKSE:06158: 0.03

Zhenro Properties Group Cash-to-Debt Historical Data

The historical data trend for Zhenro Properties Group'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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Zhenro Properties Group Cash-to-Debt Chart

Zhenro Properties Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.50

0.54

0.06

0.03

Zhenro Properties Group Semi-Annual Data
	Dec14	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial													0.54	0.05	0.06	0.01	0.03

Competitive Comparison of Zhenro Properties Group's Cash-to-Debt

For the Real Estate - Development subindustry, Zhenro Properties Group'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.

Zhenro Properties Group's Cash-to-Debt Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Zhenro Properties Group's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Zhenro Properties Group's Cash-to-Debt falls into.

Zhenro Properties Group 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.

Zhenro Properties Group'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)
	=	1880.929	/	(57522.671	+	7592.896)
	=	0.03

Zhenro Properties Group's Cash to Debt Ratio for the quarter 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)
	=	1880.929	/	(57522.671	+	7592.896)
	=	0.03

Zhenro Properties Group (HKSE:06158) 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.

Zhenro Properties Group Cash-to-Debt Related Terms

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Zhenro Properties Group (HKSE:06158) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Zhenro Properties Group Ltd (HKSE:06158) » Definitions » Cash-to-Debt

Traded in Other Exchanges

1ZZ:Germany

Address

666 Shenhong Road, 3rd Floor, Building 7, Hongqiao Zhenro Center, Minhang District, Shanghai, CHN

Website

http://www.zhenrodc.com

Zhenro Properties Group Ltd is a China-based holding company principally engaged in real estate development and property leasing. The Company focuses on the development of residential properties, as well as the development, operation, and management of commercial and mixed-use properties. The Company's businesses include property sales, property leasing, management consulting services, property management services, and sales of goods.

Executives

Lin Shuying	2202 Interest of your spouse
Ou Zongrong	2201 Interest of corporation controlled by you
Royue Limited	2101 Beneficial owner
China Orient Asset Management Co., Ltd.	2201 Interest of corporation controlled by you

Zhenro Properties Group (HKSE:06158) Headlines

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