Tsim Sha Tsui Properties (HKSE:00247) Cash-to-Debt : 17.71 (As of Dec. 2024)

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What is Tsim Sha Tsui Properties 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. Tsim Sha Tsui Properties's cash to debt ratio for the quarter that ended in Dec. 2024 was 17.71.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Tsim Sha Tsui Properties could pay off its debt using the cash in hand for the quarter that ended in Dec. 2024.

The historical rank and industry rank for Tsim Sha Tsui Properties's Cash-to-Debt or its related term are showing as below:

HKSE:00247' s Cash-to-Debt Range Over the Past 10 Years
Min: 2.4 Med: 6.57 Max: 27.65
Current: 17.71

During the past 13 years, Tsim Sha Tsui Properties's highest Cash to Debt Ratio was 27.65. The lowest was 2.40. And the median was 6.57.

HKSE:00247's Cash-to-Debt is ranked better than
87.01% of 1747 companies
in the Real Estate industry
Industry Median: 0.25 vs HKSE:00247: 17.71

Tsim Sha Tsui Properties Cash-to-Debt Historical Data

The historical data trend for Tsim Sha Tsui Properties'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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Tsim Sha Tsui Properties Cash-to-Debt Chart

Tsim Sha Tsui Properties Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Cash-to-Debt

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6.51

6.63

11.30

15.86

27.65

Tsim Sha Tsui Properties Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Cash-to-Debt	Get a 7-Day Free Trial															11.08	15.86	25.58	27.65	17.71

Competitive Comparison of Tsim Sha Tsui Properties's Cash-to-Debt

For the Real Estate - Development subindustry, Tsim Sha Tsui Properties'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.

Tsim Sha Tsui Properties's Cash-to-Debt Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Tsim Sha Tsui Properties's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Tsim Sha Tsui Properties's Cash-to-Debt falls into.

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Tsim Sha Tsui Properties 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.

Tsim Sha Tsui Properties's Cash to Debt Ratio for the fiscal year that ended in Jun. 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)
	=	47367	/	(20	+	1693)
	=	27.65

Tsim Sha Tsui Properties's Cash to Debt Ratio for the quarter that ended in Dec. 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)
	=	48836	/	(1004	+	1753)
	=	17.71

Tsim Sha Tsui Properties (HKSE:00247) 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.

Tsim Sha Tsui Properties Cash-to-Debt Related Terms

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

Tsim Sha Tsui Properties Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Tsim Sha Tsui Properties Ltd (HKSE:00247) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

Salisbury Road, 12th Floor, Tsim Sha Tsui Centre, Tsim Sha Tsui, Kowloon, Hong Kong, HKG

Website

https://www.sino.com

Tsim Sha Tsui Properties Ltd is in the business of developing properties for sale and investment. The firm's portfolio consists of residential properties, offices, car parks, industrial buildings, and Shopping malls. It also provides property services such as property management, car park management, cleaning, environmental services, security services, etc. The company has Property sales, property rental, Property management, and other services, Hotel operations, Investments in securities, and Financing operating segments. It generates maximum revenue from the Property sales segment.

Executives

Ng Chee Siong	2304 Executor or administrator
Tamworth Investment Limited	2101 Beneficial owner
Fanlight Investment Limited	2101 Beneficial owner
Ng Chee Tat, Philip	2304 Executor or administrator

Tsim Sha Tsui Properties Headlines

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