Beijing Enterprises Holdings (Beijing Enterprises Holdings) Cash-to-Debt

: 0.41 (As of Jun. 2023)

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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. Beijing Enterprises Holdings's cash to debt ratio for the quarter that ended in Jun. 2023 was 0.41.

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, Beijing Enterprises Holdings couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

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

BJINF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.25 Med: 0.39 Max: 0.5
Current: 0.38

During the past 13 years, Beijing Enterprises Holdings's highest Cash to Debt Ratio was 0.50. The lowest was 0.25. And the median was 0.39.

BJINF's Cash-to-Debt is ranked worse than
55.64% of 523 companies
in the Conglomerates industry
Industry Median: 0.5 vs BJINF: 0.38

Beijing Enterprises Holdings Cash-to-Debt Historical Data

The historical data trend for Beijing Enterprises Holdings'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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Beijing Enterprises Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

0.34

0.42

0.46

0.40

0.38

Beijing Enterprises Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt																0.46	0.44	0.40	0.41	0.38

Competitive Comparison

For the Conglomerates subindustry, Beijing Enterprises Holdings'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.

Beijing Enterprises Holdings Cash-to-Debt Distribution

For the Conglomerates industry and Industrials sector, Beijing Enterprises Holdings's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Beijing Enterprises Holdings's Cash-to-Debt falls into.

Beijing Enterprises Holdings 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.

Beijing Enterprises Holdings's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 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)
	=	4026.416	/	(3208.014	+	6841.238)
	=	0.40

Beijing Enterprises Holdings's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	4267.516	/	(2813.244	+	7731.624)
	=	0.40

Beijing Enterprises Holdings (OTCPK:BJINF) 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.

Beijing Enterprises Holdings Cash-to-Debt Related Terms

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Beijing Enterprises Holdings (Beijing Enterprises Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Beijing Enterprises Holdings Ltd (OTCPK:BJINF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

00392:Hong Kong BJEB:Germany

Address

18 Harbour Road, 66th Floor, Central Plaza, Wanchai, Hong Kong, HKG

Website

https://www.behl.com.hk

Beijing Enterprises Holdings was founded in 1997 and it is the listed flagship of the Beijing municipal government. It has a diversified business portfolio with focus on public utilities, including gas distribution and transmission, sewage and water treatment, and waste-to-energy business. It also invests in an upstream Russia oil and gas company, and owns 80% of Yanjing Brewery, one of the leading domestic brewers. The business mix is approximately 70% in gas operation, with the rest in water, waste treatment, and beer businesses.

Beijing Enterprises Holdings (Beijing Enterprises Holdings) Headlines

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By GuruFocus Research • 09-22-2023