Fosun International (HKSE:00656) Cash-to-Debt : 1.28 (As of Jun. 2023)

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What is Fosun International 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. Fosun International's cash to debt ratio for the quarter that ended in Jun. 2023 was 1.28.

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, Fosun International could pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

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

HKSE:00656' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.42 Med: 0.71 Max: 1.44
Current: 1.31

During the past 13 years, Fosun International's highest Cash to Debt Ratio was 1.44. The lowest was 0.42. And the median was 0.71.

HKSE:00656's Cash-to-Debt is ranked better than
67.05% of 522 companies
in the Conglomerates industry
Industry Median: 0.49 vs HKSE:00656: 1.31

Fosun International Cash-to-Debt Historical Data

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

Fosun International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.67

0.65

1.31

Fosun International 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															0.65	0.68	0.65	1.28	1.31

Competitive Comparison of Fosun International's Cash-to-Debt

For the Conglomerates subindustry, Fosun International'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.

Fosun International's Cash-to-Debt Distribution in the Conglomerates Industry

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

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

Fosun International 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.

Fosun International'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)
	=	178270.744	/	(123032.032	+	152111.549)
	=	0.65

Fosun International'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)
	=	327701.135	/	(11112.666	+	245297.048)
	=	1.28

Fosun International (HKSE:00656) 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.

Fosun International Cash-to-Debt Related Terms

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

Fosun International (HKSE:00656) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Fosun International Ltd (HKSE:00656) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

FOSUY:USA FOSUF:USA FNI:Germany FNI:Germany

Address

3 Garden Road, Room 808, Industrial and Commercial Bank of China Building, Central, Hong Kong, HKG

Website

https://www.fosun.com

Fosun International Ltd is an investment holding company. The company's operating segments include Health; Happiness; Insurance; Asset Management and Intelligent Manufacturing. It generates maximum revenue from the Happiness segment. The Wealth Segment includes two major sub-segments: Insurance and Asset Management. The Happiness segment comprises principally the operation and investments in tourism and leisure, fashion consumer, and lifestyle industries. Geographically, it derives a majority of its revenue from the Chinese Mainland.

Fosun International (HKSE:00656) Headlines

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