Kwong Man Kee Group (HKSE:08023) Cash-to-Debt : 2.48 (As of Sep. 2024)

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What is Kwong Man Kee 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. Kwong Man Kee Group's cash to debt ratio for the quarter that ended in Sep. 2024 was 2.48.

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, Kwong Man Kee Group could pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

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

HKSE:08023' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.55 Med: 2.48 Max: No Debt
Current: 2.48

During the past 10 years, Kwong Man Kee Group's highest Cash to Debt Ratio was No Debt. The lowest was 0.55. And the median was 2.48.

HKSE:08023's Cash-to-Debt is ranked better than
73.04% of 1721 companies
in the Construction industry
Industry Median: 0.66 vs HKSE:08023: 2.48

Kwong Man Kee Group Cash-to-Debt Historical Data

The historical data trend for Kwong Man Kee 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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Kwong Man Kee Group Cash-to-Debt Chart

Kwong Man Kee Group Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

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1.82

3.46

1.50

2.76

3.26

Kwong Man Kee Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial															2.76	N/A	4.98	3.26	2.48

Competitive Comparison of Kwong Man Kee Group's Cash-to-Debt

For the Engineering & Construction subindustry, Kwong Man Kee 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.

Kwong Man Kee Group's Cash-to-Debt Distribution in the Construction Industry

For the Construction industry and Industrials sector, Kwong Man Kee Group's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Kwong Man Kee Group's Cash-to-Debt falls into.

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Kwong Man Kee 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.

Kwong Man Kee Group'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)
	=	50.549	/	(14.122	+	1.408)
	=	3.25

Kwong Man Kee Group'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)
	=	40.949	/	(15.443	+	1.058)
	=	2.48

Kwong Man Kee Group (HKSE:08023) 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.

Kwong Man Kee Group Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Kwong Man Kee Group's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Kwong Man Kee Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Kwong Man Kee Group Ltd (HKSE:08023) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

91-93 Bedford Road, 21st Floor, The Bedford, Kowloon, Hong Kong, HKG

Website

https://www.kmk.com.hk

Kwong Man Kee Group Ltd provides engineering services to the car park flooring industry. Its services include flooring services, including the application of proprietary floor coating products for providing a colorful, slip-resistance, and a hard-wearing surface that is resistant against water and petrochemicals; and ancillary services which include specialised texture painting and waterproofing works; and sales of flooring and waterproofing materials. The company's reportable segment are Flooring, which generates maximum revenue, Ancillary services, and Sales of materials.

Executives

Sage City Investments Limited	2101 Beneficial owner
Kwong Chi Man	2201 Interest of corporation controlled by you

Kwong Man Kee Group Headlines

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