China International Development (HKSE:00264) Cash-to-Debt : 0.03 (As of Dec. 2024)

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What is China International Development 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. China International Development's cash to debt ratio for the quarter that ended in Dec. 2024 was 0.03.

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, China International Development couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2024.

The historical rank and industry rank for China International Development's Cash-to-Debt or its related term are showing as below:

HKSE:00264' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.03 Med: 0.55 Max: No Debt
Current: 0.03

During the past 13 years, China International Development's highest Cash to Debt Ratio was No Debt. The lowest was 0.03. And the median was 0.55.

HKSE:00264's Cash-to-Debt is ranked worse than
87.49% of 1031 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.49 vs HKSE:00264: 0.03

China International Development Cash-to-Debt Historical Data

The historical data trend for China International Development'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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China International Development Cash-to-Debt Chart

China International Development Annual Data

Trend

Mar15

Mar16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash-to-Debt

Get a 7-Day Free Trial

0.12

0.04

0.05

0.03

China International Development Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	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															0.05	0.05	0.03	0.02	0.03

Competitive Comparison of China International Development's Cash-to-Debt

For the Footwear & Accessories subindustry, China International Development'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.

China International Development's Cash-to-Debt Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, China International Development's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where China International Development's Cash-to-Debt falls into.

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China International Development 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.

China International Development's Cash to Debt Ratio for the fiscal year 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)
	=	0.726	/	(16.415	+	13.155)
	=	0.02

China International Development'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)
	=	0.726	/	(16.415	+	13.155)
	=	0.02

China International Development (HKSE:00264) 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.

China International Development Cash-to-Debt Related Terms

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

China International Development Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » China International Development Corp Ltd (HKSE:00264) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

39 Queen’s Road Central, Level 26, Hong Kong, HKG

Website

http://www.irasia.com/listco/hk/cidc/index.htm

China International Development Corp Ltd is engaged in the business of leather products. The company is involved in the manufacturing and distribution of leather products and retail of fashion apparel, footwear, and leather accessories, and industrial hemp planting and production of hemp fabric products. It operates in three segments, namely, the Leather Manufacturing segment, the Leather Retail segment, and the Automobile Services Business. The Leather Manufacturing segment involves the manufacturing and distribution of leather products. The Leather Retail segment engages in the retail of fashion apparel, footwear, and leather accessories. The company has its operations in Hong Kong, Europe, the PRC, the United States of America, and other countries.

Executives

Waterfront Holding Group Co., Ltd.	2101 Beneficial owner
Zhao Jingfei	2201 Interest of corporation controlled by you

China International Development Headlines

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