China Resources Mixc Lifestyle Services (HKSE:01209) Cash-to-Debt : 6.25 (As of Jun. 2023)

View and export this data going back to 2020. Start your Free Trial

What is China Resources Mixc Lifestyle Services 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 Resources Mixc Lifestyle Services's cash to debt ratio for the quarter that ended in Jun. 2023 was 6.25.

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 Resources Mixc Lifestyle Services 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 China Resources Mixc Lifestyle Services's Cash-to-Debt or its related term are showing as below:

HKSE:01209' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.28 Med: 5.75 Max: 7.44
Current: 6.46

During the past 7 years, China Resources Mixc Lifestyle Services's highest Cash to Debt Ratio was 7.44. The lowest was 0.28. And the median was 5.75.

HKSE:01209's Cash-to-Debt is ranked better than
84.23% of 1795 companies
in the Real Estate industry
Industry Median: 0.26 vs HKSE:01209: 6.46

China Resources Mixc Lifestyle Services Cash-to-Debt Historical Data

The historical data trend for China Resources Mixc Lifestyle Services'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 Resources Mixc Lifestyle Services Cash-to-Debt Chart

China Resources Mixc Lifestyle Services Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.46

7.44

6.34

5.24

6.46

China Resources Mixc Lifestyle Services Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial							6.34	6.79	5.24	6.25	6.46

Competitive Comparison of China Resources Mixc Lifestyle Services's Cash-to-Debt

For the Real Estate Services subindustry, China Resources Mixc Lifestyle Services'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 Resources Mixc Lifestyle Services's Cash-to-Debt Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, China Resources Mixc Lifestyle Services's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where China Resources Mixc Lifestyle Services's Cash-to-Debt falls into.

China Resources Mixc Lifestyle Services 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 Resources Mixc Lifestyle Services'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)
	=	14062.601	/	(111.398	+	2570.635)
	=	5.24

China Resources Mixc Lifestyle Services'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)
	=	16683.68	/	(111.6	+	2559.257)
	=	6.25

China Resources Mixc Lifestyle Services (HKSE:01209) 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 Resources Mixc Lifestyle Services Cash-to-Debt Related Terms

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

China Resources Mixc Lifestyle Services (HKSE:01209) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » China Resources Mixc Lifestyle Services Ltd (HKSE:01209) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 9668 Shennan Avenue, 30th Floor, China Resources Land Building, Tower B, Nanshan District, Shenzhen, CHN

Website

https://www.crmixclifestyle.com.cn

China Resources Mixc Lifestyle Services Ltd offers property management services. The business activities of the group function through two business segments namely the residential property management services segment and Commercial operational and property management services segment. Majority of revenue is generated from Commercial operational and property management services segment. The Group provides property management and value-added services to portfolios of residential properties, and also manages and operates a diversified and growing portfolio of commercial properties comprising shopping malls and office buildings. Geographically the company operates through the regions of China.

China Resources Mixc Lifestyle Services (HKSE:01209) Headlines

No Headlines