Jangho Group Co (SHSE:601886) Cash-to-Debt : 1.61 (As of Sep. 2024)

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What is Jangho 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. Jangho Group Co's cash to debt ratio for the quarter that ended in Sep. 2024 was 1.61.

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, Jangho Group Co could pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

The historical rank and industry rank for Jangho Group Co's Cash-to-Debt or its related term are showing as below:

SHSE:601886' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.41 Med: 1.15 Max: 2.29
Current: 1.61

During the past 13 years, Jangho Group Co's highest Cash to Debt Ratio was 2.29. The lowest was 0.41. And the median was 1.15.

SHSE:601886's Cash-to-Debt is ranked better than
67.68% of 1717 companies
in the Construction industry
Industry Median: 0.62 vs SHSE:601886: 1.61

Jangho Group Co Cash-to-Debt Historical Data

The historical data trend for Jangho 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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Jangho Group Co Cash-to-Debt Chart

Jangho Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

1.23

2.29

2.09

1.75

1.80

Jangho 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															1.18	1.80	1.24	1.40	1.61

Competitive Comparison of Jangho Group Co's Cash-to-Debt

For the Engineering & Construction subindustry, Jangho 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.

Jangho Group Co's Cash-to-Debt Distribution in the Construction Industry

For the Construction industry and Industrials sector, Jangho Group Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Jangho Group Co's Cash-to-Debt falls into.

Jangho 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.

Jangho 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)
	=	5013.079	/	(1835.359	+	953.696)
	=	1.80

Jangho 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)
	=	4630.258	/	(1859.838	+	1011.51)
	=	1.61

Jangho Group Co (SHSE:601886) 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.

Jangho Group Co Cash-to-Debt Related Terms

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Jangho Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Jangho Group Co Ltd (SHSE:601886) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

No.5 Niuhui North Fifth Street, Shunyi District, Beijing, CHN

Website

http://www.jangho.com

Jangho Group Co Ltd is a China based company operating in the field of green architectural decoration and health care. In the Architectural decoration, the company focuses on curtain wall and interior decoration (including design), and others. In the Health care field, the company focuses on ophthalmology, third-party testing, and community hospitals. It has a business presence in China and other international countries. The organization's brands are Jangho curtain wall, Sundart, Gangyuan decoration, Gangyuan Curtain wall, SLD, Vision and Zeming Eye hospital.

Executives

Liu Zai Wang	Director
Xu Xing Li	senior management
Wang Qi Feng	Director
Jia De Hu	senior management
Liu Zhong Yue	senior management
Xiong Bao	senior management
Zhou Han Ping	senior management
Yu Jun	senior management
Dai Jun	senior management
Shi Ying	Supervisors
Hu Peng Fei	senior management
Chang Xi Zhe	senior management
Huang Yong Jun	Supervisors
Zhang Sheng	senior management

Jangho Group Co Headlines

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