New World China Land (New World China Land) Cash-to-Debt : 0.37 (As of Dec. 2015)

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What is New World China Land 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. New World China Land's cash to debt ratio for the quarter that ended in Dec. 2015 was 0.37.

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, New World China Land couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2015.

The historical rank and industry rank for New World China Land's Cash-to-Debt or its related term are showing as below:

NWRDY' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.21 Med: 0.48 Max: N/A
Current: 0.37

During the past 13 years, New World China Land's highest Cash to Debt Ratio was N/A. The lowest was 0.21. And the median was 0.48.

NWRDY's Cash-to-Debt is not ranked
in the Real Estate industry.
Industry Median: 0.25 vs NWRDY: 0.37

New World China Land Cash-to-Debt Historical Data

The historical data trend for New World China Land'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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New World China Land Cash-to-Debt Chart

New World China Land Annual Data

Trend

Jun06

Jun07

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

Jun14

Jun15

Cash-to-Debt

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0.51

0.47

0.52

0.44

0.35

New World China Land Semi-Annual Data
	Jun04	Jun05	Jun06	Jun07	Jun08	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15
Cash-to-Debt	Get a 7-Day Free Trial															0.60	0.44	0.43	0.35	0.37

Competitive Comparison of New World China Land's Cash-to-Debt

For the Real Estate - Development subindustry, New World China Land'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.

New World China Land's Cash-to-Debt Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, New World China Land's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where New World China Land's Cash-to-Debt falls into.

New World China Land 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.

New World China Land's Cash to Debt Ratio for the fiscal year that ended in Jun. 2015 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)
	=	2034.577	/	(1390.015	+	4435.612)
	=	0.35

New World China Land's Cash to Debt Ratio for the quarter that ended in Dec. 2015 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)
	=	2339.211	/	(845.593	+	5443.672)
	=	0.37

New World China Land (OTCPK:NWRDY) 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.

New World China Land Cash-to-Debt Related Terms

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New World China Land (New World China Land) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » New World China Land Ltd (OTCPK:NWRDY) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

Website

http://www.nwcl.com.hk

New World China Land Ltd is a real estate company. It develops and invests in properties and real estate in China. The firm's projects include residential communities, serviced apartments, villas, offices, shopping centers, mixed-use comprehensive buildings, hotels, and resorts. It derives the majority of its revenues from proceeds from the sale of properties. The company's majority of assets and operation are located in China.

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