China Construction Bank (HKSE:00939) Cash-to-Debt : 1.71 (As of Dec. 2023)

View and export this data going back to 2005. Start your Free Trial

What is China Construction Bank 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 Construction Bank's cash to debt ratio for the quarter that ended in Dec. 2023 was 1.71.

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, China Construction Bank could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

HKSE:00939' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.89 Med: 2.13 Max: 4.92
Current: 1.71

During the past 13 years, China Construction Bank's highest Cash to Debt Ratio was 4.92. The lowest was 0.89. And the median was 2.13.

HKSE:00939's Cash-to-Debt is ranked better than
59% of 1439 companies
in the Banks industry
Industry Median: 1.25 vs HKSE:00939: 1.71

China Construction Bank Cash-to-Debt Historical Data

The historical data trend for China Construction Bank'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.

* Premium members only.

China Construction Bank Cash-to-Debt Chart

China Construction Bank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

2.26

2.90

1.99

1.94

1.71

China Construction Bank Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															1.94	1.96	1.96	1.77	1.71

Competitive Comparison of China Construction Bank's Cash-to-Debt

For the Banks - Diversified subindustry, China Construction Bank'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 Construction Bank's Cash-to-Debt Distribution in the Banks Industry

For the Banks industry and Financial Services sector, China Construction Bank's Cash-to-Debt distribution charts can be found below:

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

China Construction Bank Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents 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 Construction Bank's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	4319305.475	/	(0	+	2519472.631)
	=	1.71

China Construction Bank's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	4319305.475	/	(0	+	2519472.631)
	=	1.71

China Construction Bank (HKSE:00939) 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 Construction Bank Cash-to-Debt Related Terms

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

China Construction Bank (HKSE:00939) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » China Construction Bank Corp (HKSE:00939) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

CICHY:USA CICHF:USA C6T:Germany 601939:China

Address

No. 25, Finance Street, Xicheng District, Beijing, CHN, 100033

Website

http://www.ccb.com

As one of the big four banks, China Construction Bank is headquartered in Beijing. The bank went public on the Hong Kong Stock Exchange in 2005 and listed shares in mainland China in 2007. Central Huijin Investment, China's sovereign wealth fund manager is the largest shareholder with a 57% share. Fullerton Financial Holdings (a subsidiary of Temasek) is the company's second-largest shareholder with a 4.99% stake. CCB strives to provide customers with comprehensive financial services. Corporate banking, retail banking, and wholesale banking business segments accounted for 36%, 57%, and 7% of profit before tax, respectively, in 2022.

China Construction Bank (HKSE:00939) Headlines

No Headlines