Wing Tai Holdings (SGX:W05) Cash-to-Debt : 0.89 (As of Dec. 2023)

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What is Wing Tai 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. Wing Tai Holdings's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.89.

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, Wing Tai Holdings couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

The historical rank and industry rank for Wing Tai Holdings's Cash-to-Debt or its related term are showing as below:

SGX:W05' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.32 Med: 0.77 Max: 1.24
Current: 0.89

During the past 13 years, Wing Tai Holdings's highest Cash to Debt Ratio was 1.24. The lowest was 0.32. And the median was 0.77.

SGX:W05's Cash-to-Debt is ranked better than
71.17% of 1790 companies
in the Real Estate industry
Industry Median: 0.26 vs SGX:W05: 0.89

Wing Tai Holdings Cash-to-Debt Historical Data

The historical data trend for Wing Tai 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.

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Wing Tai Holdings Cash-to-Debt Chart

Wing Tai Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

Get a 7-Day Free Trial

0.35

0.70

0.99

0.80

0.45

Wing Tai Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															1.24	0.80	0.60	0.45	0.89

Competitive Comparison of Wing Tai Holdings's Cash-to-Debt

For the Real Estate - Development subindustry, Wing Tai 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.

Wing Tai Holdings's Cash-to-Debt Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Wing Tai Holdings's Cash-to-Debt distribution charts can be found below:

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

Wing Tai 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.

Wing Tai Holdings's Cash to Debt Ratio for the fiscal year that ended in Jun. 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)
	=	306.09	/	(75.509	+	604.642)
	=	0.45

Wing Tai Holdings's Cash to Debt Ratio for the quarter 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)
	=	683.766	/	(94.619	+	675.051)
	=	0.89

Wing Tai Holdings (SGX:W05) 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.

Wing Tai Holdings Cash-to-Debt Related Terms

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

Wing Tai Holdings (SGX:W05) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Wing Tai Holdings Ltd (SGX:W05) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 Killiney Road, No. 10-01 Winsland House I, Singapore, SGP, 239519

Website

https://www.wingtaiasia.com.sg

Wing Tai Holdings Ltd is a Singapore-based company that is principally engaged in the real estate business through its subsidiaries. The company's business segments consist of development properties, investment properties, retail, and other operations comprising mainly investing, central management and administrative activities. The company generates over half of its total revenue from sale of development properties, and the rest from sale of goods, rental income, management fees arising from management and maintenance of properties, dividend income, and other. The company has a business presence in Singapore, Malaysia, the People's Republic of China, and Hong Kong, with Singapore contributing the majority of total revenue.

Wing Tai Holdings (SGX:W05) Headlines

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