Beijing Enterprises Water Group (Beijing Enterprises Water Group) Cash-to-Debt : 0.16 (As of Jun. 2023)

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What is Beijing Enterprises Water Group 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. Beijing Enterprises Water Group's cash to debt ratio for the quarter that ended in Jun. 2023 was 0.16.

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, Beijing Enterprises Water Group 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 Beijing Enterprises Water Group's Cash-to-Debt or its related term are showing as below:

BJWTF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.14 Med: 0.2 Max: 0.3
Current: 0.14

During the past 13 years, Beijing Enterprises Water Group's highest Cash to Debt Ratio was 0.30. The lowest was 0.14. And the median was 0.20.

BJWTF's Cash-to-Debt is ranked worse than
64.23% of 492 companies
in the Utilities - Regulated industry
Industry Median: 0.26 vs BJWTF: 0.14

Beijing Enterprises Water Group Cash-to-Debt Historical Data

The historical data trend for Beijing Enterprises Water Group'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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Beijing Enterprises Water Group Cash-to-Debt Chart

Beijing Enterprises Water Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.20

0.14

0.16

0.14

Beijing Enterprises Water Group 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															0.14	0.17	0.16	0.16	0.14

Competitive Comparison of Beijing Enterprises Water Group's Cash-to-Debt

For the Utilities - Regulated Water subindustry, Beijing Enterprises Water Group'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.

Beijing Enterprises Water Group's Cash-to-Debt Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Beijing Enterprises Water Group's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Beijing Enterprises Water Group's Cash-to-Debt falls into.

Beijing Enterprises Water Group 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.

Beijing Enterprises Water Group'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)
	=	1690.84	/	(2068.049	+	8517.021)
	=	0.16

Beijing Enterprises Water Group'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)
	=	1726.32	/	(1403.642	+	9376.34)
	=	0.16

Beijing Enterprises Water Group (OTCPK:BJWTF) 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.

Beijing Enterprises Water Group Cash-to-Debt Related Terms

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Beijing Enterprises Water Group (Beijing Enterprises Water Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Beijing Enterprises Water Group Ltd (OTCPK:BJWTF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

00371:Hong Kong HUN2:Germany

Address

18 Harbour Road, Rooms 6706-07, 67th Floor, Central Plaza, Wanchai, Hong Kong, HKG

Website

https://www.bewg.net

Beijing Enterprises Water Group Ltd is a provider of waste treatment services in China. The company's business segments are Sewage and reclaimed water treatment and construction services, Water distribution services, and Technical and consultancy services and sales of machineries. Majority of the revenue is derived from Sewage and reclaimed water treatment and construction services segment.

Beijing Enterprises Water Group (Beijing Enterprises Water Group) Headlines

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