Hinng Group (International) Holding Co (HKSE:06893) Cash-to-Debt : 0.05 (As of Sep. 2024)

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What is Hinng Group (International) Holding Co 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. Hinng Group (International) Holding Co's cash to debt ratio for the quarter that ended in Sep. 2024 was 0.05.

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, Hinng Group (International) Holding Co 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 Hinng Group (International) Holding Co's Cash-to-Debt or its related term are showing as below:

HKSE:06893' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.11 Max: No Debt
Current: 0.05

During the past 11 years, Hinng Group (International) Holding Co's highest Cash to Debt Ratio was No Debt. The lowest was 0.02. And the median was 0.11.

HKSE:06893's Cash-to-Debt is ranked worse than
88.5% of 1861 companies
in the Consumer Packaged Goods industry
Industry Median: 0.53 vs HKSE:06893: 0.05

Hinng Group (International) Holding Co Cash-to-Debt Historical Data

The historical data trend for Hinng Group (International) Holding Co'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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Hinng Group (International) Holding Co Cash-to-Debt Chart

Hinng Group (International) Holding Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

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0.06

0.05

0.06

0.04

0.06

Hinng Group (International) Holding Co 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															0.05	0.04	0.02	0.06	0.05

Competitive Comparison of Hinng Group (International) Holding Co's Cash-to-Debt

For the Household & Personal Products subindustry, Hinng Group (International) Holding Co'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.

Hinng Group (International) Holding Co's Cash-to-Debt Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Hinng Group (International) Holding Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Hinng Group (International) Holding Co's Cash-to-Debt falls into.

Hinng Group (International) Holding Co 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.

Hinng Group (International) Holding Co'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)
	=	19.351	/	(186.818	+	134.278)
	=	0.06

Hinng Group (International) Holding Co'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)
	=	15.119	/	(184.637	+	154.816)
	=	0.04

Hinng Group (International) Holding Co (HKSE:06893) 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.

Hinng Group (International) Holding Co Cash-to-Debt Related Terms

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Hinng Group (International) Holding Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Hin Sang Group (International) Holding Co Ltd (HKSE:06893) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Science Museum Road, Unit 1213-1215, 12th Floor, Seapower Tower, Concordia Plaza, Tsim Sha Tsui, Kowloon, Hong Kong, HKG

Website

https://www.hinsanggroup.com

Hin Sang Group (International) Holding Co Ltd is engaged in the marketing, selling, and manufacturing of children's healthcare products. It is also involved in developing its business in mother-infant Chinese medical healthcare as well as diagnosis and treatment services projects. Its business segments include Product Development, Brand Development and Management, Trading of Goods, and Healthcare segment. The group generates a majority of its revenue from the Product Development segment which develops and sells healthcare products, personal care products, and household products under its brand names. The company's operations are located in Hong Kong and the PRC, of which key revenue is derived from Hong Kong.

Executives

Kwan Lai Man	2101 Beneficial owner
Pang Siu Hin	2202 Interest of your spouse
Fullshare Holdings Limited	2201 Interest of corporation controlled by you
Ji Changqun	2201 Interest of corporation controlled by you
Magnolia Wealth International Limited	2201 Interest of corporation controlled by you
Viewforth Limited	2101 Beneficial owner

Hinng Group (International) Holding Co Headlines

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