Country Garden Holdings Co (HKSE:02007) Cash-to-Debt

: 0.44 (As of Jun. 2023)

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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. Country Garden Holdings Co's cash to debt ratio for the quarter that ended in Jun. 2023 was 0.44.

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, Country Garden Holdings Co couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

The historical rank and industry rank for Country Garden Holdings Co's Cash-to-Debt or its related term are showing as below:

HKSE:02007' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.27 Med: 0.52 Max: 0.76
Current: 0.44

During the past 13 years, Country Garden Holdings Co's highest Cash to Debt Ratio was 0.76. The lowest was 0.27. And the median was 0.52.

HKSE:02007's Cash-to-Debt is ranked better than
62.02% of 1793 companies
in the Real Estate industry
Industry Median: 0.26 vs HKSE:02007: 0.44

Country Garden Holdings Co Cash-to-Debt Historical Data

The historical data trend for Country Garden Holdings Co'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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Country Garden Holdings Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

0.73

0.69

0.53

0.51

Country Garden Holdings Co Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Cash-to-Debt																0.56	0.51	0.46	0.51	0.44

Competitive Comparison

For the Real Estate - Development subindustry, Country Garden Holdings Co'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.

Country Garden Holdings Co Cash-to-Debt Distribution

For the Real Estate industry and Real Estate sector, Country Garden Holdings Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Country Garden Holdings Co's Cash-to-Debt falls into.

Country Garden Holdings Co 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.

Country Garden Holdings Co'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)
	=	155999.463	/	(104745.607	+	198685.883)
	=	0.51

Country Garden Holdings Co'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)
	=	123342.351	/	(118984.729	+	163765.198)
	=	0.44

Country Garden Holdings Co (HKSE:02007) 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.

Country Garden Holdings Co Cash-to-Debt Related Terms

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Country Garden Holdings Co (HKSE:02007) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Country Garden Holdings Co Ltd (HKSE:02007) » Definitions » Cash-to-Debt

Traded in Other Exchanges

CTRYY:USA CTRYF:USA DZJ:Germany

Address

No. 1 Country Garden Road, Country Garden Centre, Beijiao Town, Shunde District, Guangdong Province, Foshan, CHN, 528312

Website

https://www.countrygarden.com.cn

Listed in 2007, Country Garden Holdings has been one of the largest China real estate developers in contracted sales with a focus on Tier 3 and lower-tier cities. Property development has represented most of CGH's revenue and earnings, and the firm has tapped into new businesses such as robotics construction and venture capital investment. Following the retirement of founder Yang Guoqiang, Yang Huiyan (daughter of Yang Guoqiang) holds an over 50% stake of the company, while Ping An Life Insurance retains 7.7% equity ownership after the private placement in 2015.

Country Garden Holdings Co (HKSE:02007) Headlines

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