Chengbang Eco-Environment Co (SHSE:603316) Cash-to-Debt : 0.06 (As of Mar. 2024)

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What is Chengbang Eco-Environment 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. Chengbang Eco-Environment Co's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.06.

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, Chengbang Eco-Environment Co couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

SHSE:603316' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.06 Med: 0.4 Max: 2.15
Current: 0.06

During the past 12 years, Chengbang Eco-Environment Co's highest Cash to Debt Ratio was 2.15. The lowest was 0.06. And the median was 0.40.

SHSE:603316's Cash-to-Debt is ranked worse than
91.26% of 1681 companies
in the Construction industry
Industry Median: 0.63 vs SHSE:603316: 0.06

Chengbang Eco-Environment Co Cash-to-Debt Historical Data

The historical data trend for Chengbang Eco-Environment 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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Chengbang Eco-Environment Co Cash-to-Debt Chart

Chengbang Eco-Environment Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.59

0.30

0.27

0.14

0.08

Chengbang Eco-Environment Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															0.13	0.14	0.14	0.08	0.06

Competitive Comparison of Chengbang Eco-Environment Co's Cash-to-Debt

For the Engineering & Construction subindustry, Chengbang Eco-Environment 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.

Chengbang Eco-Environment Co's Cash-to-Debt Distribution in the Construction Industry

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

* The bar in red indicates where Chengbang Eco-Environment Co's Cash-to-Debt falls into.

Chengbang Eco-Environment 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.

Chengbang Eco-Environment 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)
	=	105.567	/	(304.926	+	965.788)
	=	0.08

Chengbang Eco-Environment Co's Cash to Debt Ratio for the quarter that ended in Mar. 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)
	=	74.888	/	(296.293	+	960.824)
	=	0.06

Chengbang Eco-Environment Co (SHSE:603316) 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.

Chengbang Eco-Environment Co Cash-to-Debt Related Terms

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Chengbang Eco-Environment Co (SHSE:603316) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Chengbang Eco-Environment Co Ltd (SHSE:603316) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

No.599, Zhijiang Road, Zhejiang Province, Hangzhou, CHN, 310008

Website

http://www.cbgfcn.com

Chengbang Eco-Environment Co Ltd, formerly Zhejiang Chengbang Landscape Co Ltd is a China-based company, engages in the landscape construction businesses. It is engaged in the business of landscape construction, set landscape design and construction, garden conservation, and nursery stock cultivation landscape constructions. The company mainly provides services to the municipal landscape, real estate landscape, waterfront ecological environment construction and other fields.

Executives

Shen Yuan Bo	Director
Ye Fan	Director
Fang Qiang	Director
Hu Xian Wei	Director
Fang Li Qiang	Director
Tong Ji Fei	Director
Peng Shui Sheng	Director

Chengbang Eco-Environment Co (SHSE:603316) Headlines

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