Shanghai International Port (Group) Co (SHSE:600018) Cash-to-Debt : 0.74 (As of Sep. 2024)

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What is Shanghai International Port (Group) Co 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 Port (Group) Co's cash to debt ratio for the quarter that ended in Sep. 2024 was 0.74.

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, Shanghai International Port (Group) Co couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

The historical rank and industry rank for Shanghai International Port (Group) Co's Cash-to-Debt or its related term are showing as below:

SHSE:600018' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.31 Med: 0.54 Max: 0.75
Current: 0.74

During the past 13 years, Shanghai International Port (Group) Co's highest Cash to Debt Ratio was 0.75. The lowest was 0.31. And the median was 0.54.

SHSE:600018's Cash-to-Debt is ranked better than
60.85% of 963 companies
in the Transportation industry
Industry Median: 0.46 vs SHSE:600018: 0.74

Shanghai International Port (Group) Co Cash-to-Debt Historical Data

The historical data trend for Shanghai International Port (Group) Co'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 Port (Group) Co Cash-to-Debt Chart

Shanghai International Port (Group) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.45

0.50

0.65

0.63

0.73

Shanghai International Port (Group) Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial															0.64	0.73	0.75	0.71	0.74

Competitive Comparison of Shanghai International Port (Group) Co's Cash-to-Debt

For the Marine Shipping subindustry, Shanghai International Port (Group) Co'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 Port (Group) Co's Cash-to-Debt Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Shanghai International Port (Group) Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Shanghai International Port (Group) Co's Cash-to-Debt falls into.

Shanghai International Port (Group) Co 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.

Shanghai International Port (Group) Co'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)
	=	35721.966	/	(6715.143	+	42168.401)
	=	0.73

Shanghai International Port (Group) Co'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)
	=	36771.731	/	(8426.623	+	41182.109)
	=	0.74

Shanghai International Port (Group) Co (SHSE:600018) 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 Port (Group) Co Cash-to-Debt Related Terms

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

Shanghai International Port (Group) Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Shanghai International Port (Group) Co Ltd (SHSE:600018) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

358 East Daming Road, Shanghai, CHN, 200080

Website

http://www.portshanghai.com.cn

Shanghai International Port (Group) Co Ltd is the world's largest container port in terms of throughput volume, and a major trans-shipment hub in China. It engages in handling port containers and bulk cargo along with other container-related services in the Yangtze River Delta. The gross profit in core port operation is approximately 72% in containers, 2% in bulk cargo, and 26% in port logistics and services. The Shanghai state-owned Asset Supervision and Administration Commission holds approximately a 44% stake in SIPG.

Executives

Wang Hai Jian	senior management
Ding Xiang Ming	senior management
Zhang Min	senior management
Yang Zhi Yong	senior management
Zhang Xin	senior management
Liu Ben	Supervisors
Chen Dong Li	Supervisors
Yan Jun	Directors, senior managers
Fang Huai Jin	senior management
Wang Lin Lin	senior management
Liu Gang	Supervisors
Yu Wei	senior management
Yang Hai Feng	Supervisors
Zhou Yuan Kang	Supervisors
Zhuang Xiao Qing	Director

Shanghai International Port (Group) Co Headlines

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