Chong Hong Construction Co (TPE:5534) Cash-to-Debt : 0.09 (As of Sep. 2024)

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What is Chong Hong Construction 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. Chong Hong Construction Co's cash to debt ratio for the quarter that ended in Sep. 2024 was 0.09.

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, Chong Hong Construction 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 Chong Hong Construction Co's Cash-to-Debt or its related term are showing as below:

TPE:5534' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.05 Med: 0.12 Max: 0.41
Current: 0.09

During the past 13 years, Chong Hong Construction Co's highest Cash to Debt Ratio was 0.41. The lowest was 0.05. And the median was 0.12.

TPE:5534's Cash-to-Debt is ranked worse than
73.18% of 1771 companies
in the Real Estate industry
Industry Median: 0.25 vs TPE:5534: 0.09

Chong Hong Construction Co Cash-to-Debt Historical Data

The historical data trend for Chong Hong Construction 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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Chong Hong Construction Co Cash-to-Debt Chart

Chong Hong Construction Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.19

0.17

0.11

0.08

0.10

Chong Hong Construction 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															0.14	0.10	0.09	0.14	0.09

Competitive Comparison of Chong Hong Construction Co's Cash-to-Debt

For the Real Estate - Development subindustry, Chong Hong Construction 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.

Chong Hong Construction Co's Cash-to-Debt Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Chong Hong Construction Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Chong Hong Construction Co's Cash-to-Debt falls into.

Chong Hong Construction 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.

Chong Hong Construction 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)
	=	1844.638	/	(18764.504	+	13.017)
	=	0.10

Chong Hong Construction 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)
	=	1918.071	/	(21336.284	+	11.951)
	=	0.09

Chong Hong Construction Co (TPE:5534) 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.

Chong Hong Construction Co Cash-to-Debt Related Terms

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Chong Hong Construction Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Chong Hong Construction Co Ltd (TPE:5534) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 30, Beiping East Road, 11th Floor, Zhongzheng District, Taipei, TWN, 100

Website

https://www.chonghong.com.tw

Chong Hong Construction Co Ltd primarily operates in the development, sale, and leasing of residential and commercial property in Taiwan. The company derives revenue from the proceeds of lands, properties, contract fees, and rental income. The revenue from lands represents more than half of group income, followed by property revenue. The company operates through two segments. The Building segment is engaged in the construction of commercial buildings, public housing, and the lease of factories. The construction segment is engaged in building and construction projects.

Chong Hong Construction Co Headlines

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