Central China Management Co (HKSE:09982) Cash-to-Debt

: 167.49 (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. Central China Management Co's cash to debt ratio for the quarter that ended in Jun. 2023 was 167.49.

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, Central China Management Co 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 Central China Management Co's Cash-to-Debt or its related term are showing as below:

HKSE:09982' s Cash-to-Debt Range Over the Past 10 Years
Min: 31.14 Med: 204.4 Max: 505.13
Current: 167.49

During the past 5 years, Central China Management Co's highest Cash to Debt Ratio was 505.13. The lowest was 31.14. And the median was 204.40.

HKSE:09982's Cash-to-Debt is ranked better than
91.86% of 1793 companies
in the Real Estate industry
Industry Median: 0.26 vs HKSE:09982: 167.49

Central China Management Co Cash-to-Debt Historical Data

The historical data trend for Central China Management 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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Central China Management Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

150.37

37.98

31.14

325.35

505.13

Central China Management Co Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Cash-to-Debt	Get a 7-Day Free Trial				241.30	325.35	447.63	505.13	167.49

Competitive Comparison

For the Real Estate Services subindustry, Central China Management 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.

Central China Management Co Cash-to-Debt Distribution

For the Real Estate industry and Real Estate sector, Central China Management Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Central China Management Co's Cash-to-Debt falls into.

Central China Management 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.

Central China Management 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)
	=	1747.231	/	(2.749	+	0.71)
	=	505.13

Central China Management 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)
	=	1810.734	/	(2.706	+	8.105)
	=	167.49

Central China Management Co (HKSE:09982) 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.

Central China Management Co Cash-to-Debt Related Terms

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Central China Management Co (HKSE:09982) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Central China Management Co Ltd (HKSE:09982) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Nongye East Road, Room 212, 313, Block C, Jianye Office Building, Henan Province, Zhengzhou, CHN

Website

http://www.centralchinamgt.com

Central China Management Company, or CCMGT, is one of China's leading property project management companies with a dominant market position in Henan province. As a project manager, CCMGT may be involved in overseeing the design, construction, marketing, and sales strategy of a development for its clients, that is, the project owners. CCMGT is a sister company of Central China Real Estate, or CCRE, a prominent real estate developer in Henan. Both CCMGT and CCRE are not government-linked or owned.

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