Shenzhen Expressway (STU:SHZH) Cash-to-Debt : 0.11 (As of Sep. 2024)

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What is Shenzhen Expressway 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. Shenzhen Expressway's cash to debt ratio for the quarter that ended in Sep. 2024 was 0.11.

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, Shenzhen Expressway 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 Shenzhen Expressway's Cash-to-Debt or its related term are showing as below:

STU:SHZH' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.09 Med: 0.27 Max: 1.06
Current: 0.11

During the past 13 years, Shenzhen Expressway's highest Cash to Debt Ratio was 1.06. The lowest was 0.09. And the median was 0.27.

STU:SHZH's Cash-to-Debt is ranked worse than
84.95% of 1721 companies
in the Construction industry
Industry Median: 0.62 vs STU:SHZH: 0.11

Shenzhen Expressway Cash-to-Debt Historical Data

The historical data trend for Shenzhen Expressway'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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Shenzhen Expressway Cash-to-Debt Chart

Shenzhen Expressway Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.33

0.36

0.25

0.15

0.09

Shenzhen Expressway 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															0.12	0.09	0.12	0.09	0.11

Competitive Comparison of Shenzhen Expressway's Cash-to-Debt

For the Infrastructure Operations subindustry, Shenzhen Expressway'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.

Shenzhen Expressway's Cash-to-Debt Distribution in the Construction Industry

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

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

Shenzhen Expressway 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.

Shenzhen Expressway'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)
	=	336.63	/	(1733.473	+	2154.045)
	=	0.09

Shenzhen Expressway'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)
	=	412.36	/	(778.191	+	2942.344)
	=	0.11

Shenzhen Expressway (STU:SHZH) 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.

Shenzhen Expressway Cash-to-Debt Related Terms

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

Shenzhen Expressway Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Shenzhen Expressway Corp Ltd (STU:SHZH) » Definitions » Cash-to-Debt

Traded in Other Exchanges

00548:Hong Kong SHZH:Germany 600548:China

Address

Hanking Center Tower, Yuehai Street, No. 9968, Floor 46, Shennan Avenue, Nanshan District, Shenzhen, CHN, 518057

Website

https://www.sz-expressway.com

Shenzhen Expressway Corp Ltd is a Company who are the engaged in construction, operation, management, investment of toll highways and environmental protection in China. The environmental protection business mainly includes recycling and treatment of solid waste and clean energy power generation. The group has identified two reporting segments, namely the toll road segment and the environmental protection segment. The toll road segment takes charge of the operation and management of toll roads in Mainland China. The environmental protection segment operates and manages environmentally related infrastructure, mainly including solid waste treatment, clean energy, and other related fields. The majority of its revenue is derived from the Toll segment.

Shenzhen Expressway Headlines

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