Kimou Environmental Holding (HKSE:06805) Cash-to-Debt : 0.09 (As of Jun. 2024)

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What is Kimou Environmental Holding 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. Kimou Environmental Holding's cash to debt ratio for the quarter that ended in Jun. 2024 was 0.09.

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, Kimou Environmental Holding 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 Kimou Environmental Holding's Cash-to-Debt or its related term are showing as below:

HKSE:06805' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.09 Max: 0.15
Current: 0.07

During the past 9 years, Kimou Environmental Holding's highest Cash to Debt Ratio was 0.15. The lowest was 0.02. And the median was 0.09.

HKSE:06805's Cash-to-Debt is ranked worse than
84.21% of 247 companies
in the Waste Management industry
Industry Median: 0.39 vs HKSE:06805: 0.07

Kimou Environmental Holding Cash-to-Debt Historical Data

The historical data trend for Kimou Environmental Holding'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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Kimou Environmental Holding Cash-to-Debt Chart

Kimou Environmental Holding Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash-to-Debt

Get a 7-Day Free Trial

0.06

0.07

0.09

0.10

0.07

Kimou Environmental Holding Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Cash-to-Debt	Get a 7-Day Free Trial											0.09	0.11	0.10	0.09	0.07

Competitive Comparison of Kimou Environmental Holding's Cash-to-Debt

For the Waste Management subindustry, Kimou Environmental Holding'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.

Kimou Environmental Holding's Cash-to-Debt Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Kimou Environmental Holding's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Kimou Environmental Holding's Cash-to-Debt falls into.

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Kimou Environmental Holding 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.

Kimou Environmental Holding'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)
	=	302.705	/	(1028.901	+	1996.369)
	=	0.10

Kimou Environmental Holding'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)
	=	273.412	/	(1061.918	+	2100.024)
	=	0.09

Kimou Environmental Holding (HKSE:06805) 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.

Kimou Environmental Holding Cash-to-Debt Related Terms

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Kimou Environmental Holding Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Kimou Environmental Holding Ltd (HKSE:06805) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Longhua Road, Longxi Street, Boluo County, Guangdong Province, Huizhou, CHN

Website

https://www.platingbase.com

Kimou Environmental Holding Ltd mainly involves the provision of factory premises and centralized wastewater treatment services. The company's operating segment includes Rental and facilities usage; Wastewater treatment and utilities and Sales of goods and ancillary business. It generates maximum revenue from the Rental and facilities usage segment. Wastewater treatment and utilities segment conducts industrial park property development and management business. Geographically, it derives revenue from China.

Executives

Flourish Investment International Limited	2101 Beneficial owner
Zhang Lianghong	2201 Interest of corporation controlled by you
Lee Yuk Kong	2101 Beneficial owner
Premier Investment Worldwide Company Limited	2101 Beneficial owner

Kimou Environmental Holding Headlines

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