Shanghai International Shanghai Growth Investment (HKSE:770) Cash-to-Debt : No Debt ⁽¹⁾ (As of Dec. 2023)

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What is Shanghai International Shanghai Growth Investment 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. Shanghai International Shanghai Growth Investment's cash to debt ratio for the quarter that ended in Dec. 2023 was No Debt ⁽¹⁾.

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, Shanghai International Shanghai Growth Investment could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

(1) 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.

The historical rank and industry rank for Shanghai International Shanghai Growth Investment's Cash-to-Debt or its related term are showing as below:

HKSE:770' s Cash-to-Debt Range Over the Past 10 Years
Min: No Debt Med: No Debt Max: No Debt
Current: No Debt

During the past 13 years, Shanghai International Shanghai Growth Investment's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

HKSE:770's Cash-to-Debt is ranked better than
99.93% of 1467 companies
in the Asset Management industry
Industry Median: 5.65 vs HKSE:770: No Debt

Shanghai International Shanghai Growth Investment Cash-to-Debt Historical Data

The historical data trend for Shanghai International Shanghai Growth Investment'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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Shanghai International Shanghai Growth Investment Cash-to-Debt Chart

Shanghai International Shanghai Growth Investment Annual Data

Trend

Dec12

Dec13

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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No Debt

Shanghai International Shanghai Growth Investment Semi-Annual Data
	Jun12	Dec12	Jun13	Dec13	Jun14	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Shanghai International Shanghai Growth Investment's Cash-to-Debt

For the Asset Management subindustry, Shanghai International Shanghai Growth Investment'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.

Shanghai International Shanghai Growth Investment's Cash-to-Debt Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Shanghai International Shanghai Growth Investment's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Shanghai International Shanghai Growth Investment's Cash-to-Debt falls into.

Shanghai International Shanghai Growth Investment Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents 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.

Shanghai International Shanghai Growth Investment's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Shanghai International Shanghai Growth Investment had no debt ⁽¹⁾.

Shanghai International Shanghai Growth Investment's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Shanghai International Shanghai Growth Investment had no debt ⁽¹⁾.

Shanghai International Shanghai Growth Investment (HKSE:770) 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.

Shanghai International Shanghai Growth Investment Cash-to-Debt Related Terms

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

Shanghai International Shanghai Growth Investment (HKSE:770) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Shanghai International Shanghai Growth Investment Ltd (HKSE:770) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

48-62 Hennessy Road, Room 1501, 15th Floor, Shanghai Industrial Investment Building, Wanchai, Hong Kong, HKG

Website

https://shanghaigrowth.etnet.com.hk

Shanghai International Shanghai Growth Investment Ltd is an investment holding company principally engaged in the investment business. The company operates its business through two segments. The Listed Securities segment is engaged in the investment in equity securities listed on relevant stock exchanges. The listed companies invested by the company are engaged in the e-commerce and Internet services businesses, telecommunication businesses, restaurant, and catering businesses, and others. The Unlisted Securities segment is engaged in the investment in unlisted equity securities. The unlisted companies invested by the company are engaged in the operation of business-to-business (B2B) platforms and other businesses.

Executives

Rosebrook Opportunities Fund Lp

2102 Investment manager

Shanghai International Shanghai Growth Investment (HKSE:770) Headlines

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Shanghai International Shanghai Growth Investment (HKSE:770) Cash-to-Debt : No Debt (1) (As of Dec. 2023)