Sheng Tang Holdings (HKSE:08305) Cash-to-Debt : 0.31 (As of Jun. 2024)

View and export this data going back to 2018. Start your Free Trial

What is Sheng Tang Holdings 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. Sheng Tang Holdings's cash to debt ratio for the quarter that ended in Jun. 2024 was 0.31.

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, Sheng Tang Holdings 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 Sheng Tang Holdings's Cash-to-Debt or its related term are showing as below:

HKSE:08305' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.04 Med: 0.31 Max: 2.27
Current: 0.84

During the past 10 years, Sheng Tang Holdings's highest Cash to Debt Ratio was 2.27. The lowest was 0.04. And the median was 0.31.

HKSE:08305's Cash-to-Debt is ranked better than
55.63% of 1722 companies
in the Construction industry
Industry Median: 0.66 vs HKSE:08305: 0.84

Sheng Tang Holdings Cash-to-Debt Historical Data

The historical data trend for Sheng Tang Holdings'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.

* Premium members only.

Sheng Tang Holdings Cash-to-Debt Chart

Sheng Tang Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash-to-Debt

Get a 7-Day Free Trial

0.59

0.17

0.32

0.04

0.84

Sheng Tang Holdings Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Jun24	Dec24
Cash-to-Debt	Get a 7-Day Free Trial															0.14	N/A	0.04	0.31	0.84

Competitive Comparison of Sheng Tang Holdings's Cash-to-Debt

For the Engineering & Construction subindustry, Sheng Tang Holdings'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.

Sheng Tang Holdings's Cash-to-Debt Distribution in the Construction Industry

For the Construction industry and Industrials sector, Sheng Tang Holdings's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Sheng Tang Holdings's Cash-to-Debt falls into.

Save Embed

;

Save Embed

;

Sheng Tang Holdings 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.

Sheng Tang Holdings'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)
	=	0.362	/	(9.083	+	0.282)
	=	0.04

Sheng Tang Holdings'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)
	=	2.268	/	(7.122	+	0.248)
	=	0.31

Sheng Tang Holdings (HKSE:08305) 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.

Sheng Tang Holdings Cash-to-Debt Related Terms

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

Sheng Tang Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Sheng Tang Holdings Ltd (HKSE:08305) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 On Yiu Street, Unit 1901-1905, 19th Floor, Delta House, Shatin, New Territories, Hong Kong, HKG

Website

https://www.tongkee.com.hk

Sheng Tang Holdings Ltd Formerly Allurefem Holding Ltd is a multi-disciplinary contractor in Hong Kong. The company provides various services such as E&M Works, Civil Works, Steel Works, and others. It offers its services to the Construction Industry, Registers of the Buildings Department, Minor Works contractors in Class I, II, and III of all types of Specialist contractors, and others. The company's reportable segments are RMAA works projects, New construction works projects, and Corrosion protection works projects. It generates a majority of its revenue from the RMAA works projects. Geographically, the company generates the majority of its revenue from Hong Kong.

Executives

Advanced Pacific Enterprises Limited	2101 Beneficial owner
Heung Chung Sum	2201 Interest of corporation controlled by you
Xu Changcheng	2101 Beneficial owner
China Innovation Investment Limited	2101 Beneficial owner

Sheng Tang Holdings Headlines

No Headlines