Sinotrans Shipping (Sinotrans Shipping) Cash-to-Debt : 11.88 (As of Jun. 2018)

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What is Sinotrans Shipping 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. Sinotrans Shipping's cash to debt ratio for the quarter that ended in Jun. 2018 was 11.88.

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, Sinotrans Shipping could pay off its debt using the cash in hand for the quarter that ended in Jun. 2018.

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

SSLYY' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.25 Med: 16.4 Max: No Debt
Current: 11.88

During the past 12 years, Sinotrans Shipping's highest Cash to Debt Ratio was No Debt. The lowest was 0.25. And the median was 16.40.

SSLYY's Cash-to-Debt is not ranked
in the Transportation industry.
Industry Median: 0.48 vs SSLYY: 11.88

Sinotrans Shipping Cash-to-Debt Historical Data

The historical data trend for Sinotrans Shipping'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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Sinotrans Shipping Cash-to-Debt Chart

Sinotrans Shipping Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Cash-to-Debt

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20.01

7.37

6.78

9.57

11.53

Sinotrans Shipping Semi-Annual Data
	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18
Cash-to-Debt	Get a 7-Day Free Trial															7.78	9.57	10.45	11.53	11.88

Competitive Comparison of Sinotrans Shipping's Cash-to-Debt

For the Marine Shipping subindustry, Sinotrans Shipping'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.

Sinotrans Shipping's Cash-to-Debt Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Sinotrans Shipping's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Sinotrans Shipping's Cash-to-Debt falls into.

Sinotrans Shipping 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.

Sinotrans Shipping's Cash to Debt Ratio for the fiscal year that ended in Dec. 2017 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)
	=	727.995	/	(8.218	+	54.936)
	=	11.53

Sinotrans Shipping's Cash to Debt Ratio for the quarter that ended in Jun. 2018 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)
	=	702.682	/	(8.281	+	50.888)
	=	11.88

Sinotrans Shipping (GREY:SSLYY) 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.

Sinotrans Shipping Cash-to-Debt Related Terms

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Sinotrans Shipping (Sinotrans Shipping) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Sinotrans Shipping Ltd (GREY:SSLYY) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.sinotranship.com

Sinotrans Shipping is a transportation and logistics company, domiciled in Hong Kong. The company organises itself into three segments: container shipping, dry bulk shipping, and others. Container shipping, which contributes the majority of revenue, transports shipping containers and provides freight forwarding services. Dry bulk shipping, the next most significant segment, transports ocean freight and includes charter hire income. The others segment includes ship management and the liquefied natural gas business. The company derives the majority of revenue from Asia.

Sinotrans Shipping (Sinotrans Shipping) Headlines

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