CK Hutchison Holdings (CK Hutchison Holdings) Cash-to-Debt : 0.37 (As of Dec. 2023)

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What is CK Hutchison Holdings 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. CK Hutchison Holdings's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.37.

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, CK Hutchison Holdings couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

CKHUY' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.31 Med: 0.39 Max: 0.9
Current: 0.37

During the past 13 years, CK Hutchison Holdings's highest Cash to Debt Ratio was 0.90. The lowest was 0.31. And the median was 0.39.

CKHUY's Cash-to-Debt is ranked worse than
56.7% of 522 companies
in the Conglomerates industry
Industry Median: 0.485 vs CKHUY: 0.37

CK Hutchison Holdings Cash-to-Debt Historical Data

The historical data trend for CK Hutchison 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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CK Hutchison Holdings Cash-to-Debt Chart

CK Hutchison Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.31

0.35

0.37

0.39

0.37

CK Hutchison 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	Get a 7-Day Free Trial															0.37	0.31	0.39	0.36	0.37

Competitive Comparison of CK Hutchison Holdings's Cash-to-Debt

For the Conglomerates subindustry, CK Hutchison 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.

CK Hutchison Holdings's Cash-to-Debt Distribution in the Conglomerates Industry

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

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

CK Hutchison 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.

CK Hutchison Holdings'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)
	=	16302.978	/	(9267.587	+	34719.199)
	=	0.37

CK Hutchison Holdings's Cash to Debt Ratio for the quarter 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)
	=	16302.978	/	(9267.587	+	34719.199)
	=	0.37

CK Hutchison Holdings (OTCPK:CKHUY) 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.

CK Hutchison Holdings Cash-to-Debt Related Terms

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CK Hutchison Holdings (CK Hutchison Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » CK Hutchison Holdings Ltd (OTCPK:CKHUY) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

CKHUF:USA 00001:Hong Kong 2CK:Germany

Address

2 Queen’s Road Central, 48th Floor, Cheung Kong Center, Hong Kong, HKG

Website

https://www.ckh.com.hk

CK Hutchison Holdings, or CKH, is a Hong Kong headquartered conglomerate with key businesses in ports, retail, infrastructure, and telecommunications. The company was created in 2015 to house the merged assets of Cheung Kong Holdings and Hutchison Whampoa as the group sought to flatten out and simplify its original holding structure. CKH contains most of the businesses previously housed in Hutchison Whampoa, minus the property assets, which were spun off into their own listing, CK Asset Holdings. Telecommunications and infrastructure activities now make up the largest share of EBITDA, at around 27%.