EverChina Int'l Holdings Co (HKSE:00202) Cash-to-Debt : 0.28 (As of Sep. 2023)

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What is EverChina Int'l Holdings 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. EverChina Int'l Holdings Co's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.28.

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, EverChina Int'l Holdings Co couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

The historical rank and industry rank for EverChina Int'l Holdings Co's Cash-to-Debt or its related term are showing as below:

HKSE:00202' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.28 Med: 1.4 Max: 3.54
Current: 0.28

During the past 13 years, EverChina Int'l Holdings Co's highest Cash to Debt Ratio was 3.54. The lowest was 0.28. And the median was 1.40.

HKSE:00202's Cash-to-Debt is ranked worse than
63.98% of 522 companies
in the Conglomerates industry
Industry Median: 0.48 vs HKSE:00202: 0.28

EverChina Int'l Holdings Co Cash-to-Debt Historical Data

The historical data trend for EverChina Int'l Holdings 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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EverChina Int'l Holdings Co Cash-to-Debt Chart

EverChina Int'l Holdings Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

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1.11

0.72

3.10

1.40

2.51

EverChina Int'l Holdings Co Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial															1.87	1.40	1.37	2.51	0.28

Competitive Comparison of EverChina Int'l Holdings Co's Cash-to-Debt

For the Conglomerates subindustry, EverChina Int'l Holdings 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.

EverChina Int'l Holdings Co's Cash-to-Debt Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, EverChina Int'l Holdings Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where EverChina Int'l Holdings Co's Cash-to-Debt falls into.

EverChina Int'l Holdings 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.

EverChina Int'l Holdings Co's Cash to Debt Ratio for the fiscal year that ended in Mar. 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)
	=	716.853	/	(285.895	+	0)
	=	2.51

EverChina Int'l Holdings Co's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	72.288	/	(255.504	+	0.578)
	=	0.28

EverChina Int'l Holdings Co (HKSE:00202) 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.

EverChina Int'l Holdings Co Cash-to-Debt Related Terms

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EverChina Int'l Holdings Co (HKSE:00202) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » EverChina Int'l Holdings Co Ltd (HKSE:00202) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

151 Gloucester Road, Capital Centre, Unit 1506, 15th Floor, Wanchai, Hong Kong, HKG

Website

https://www.everchina202.com.hk

EverChina Int'l Holdings Co Ltd is a Hong Kong-based investment holding company. The company's operating segment include Property investment operation; Hotel operation; Securities investment and financing operation; Resources operation and Agricultural operation. Property investment operation segment is engaged in the leasing of rental property in PRC and Hong Kong. Agricultural operation segment is engaged in the agricultural farming, cattle raising and sales of cattle, soybean, corn, and rice in the Plurinational State of Bolivia. It generates maximum revenue from the Agricultural operation segment. Geographically, it derives a majority of revenue from Bolivia.

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