Jiangsu High Hope International Group (SHSE:600981) Cash-to-Debt : 0.57 (As of Mar. 2025)

View and export this data going back to 2004. Start your Free Trial

What is Jiangsu High Hope International 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. Jiangsu High Hope International Group's cash to debt ratio for the quarter that ended in Mar. 2025 was 0.57.

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, Jiangsu High Hope International Group couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2025.

The historical rank and industry rank for Jiangsu High Hope International Group's Cash-to-Debt or its related term are showing as below:

SHSE:600981' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.41 Med: 0.74 Max: 0.95
Current: 0.57

During the past 13 years, Jiangsu High Hope International Group's highest Cash to Debt Ratio was 0.95. The lowest was 0.41. And the median was 0.74.

SHSE:600981's Cash-to-Debt is ranked better than
56.36% of 566 companies
in the Conglomerates industry
Industry Median: 0.455 vs SHSE:600981: 0.57

Jiangsu High Hope International Group Cash-to-Debt Historical Data

The historical data trend for Jiangsu High Hope International 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.

* Premium members only.

Jiangsu High Hope International Group Cash-to-Debt Chart

Jiangsu High Hope International Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash-to-Debt

Get a 7-Day Free Trial

0.94

0.88

0.78

0.75

0.58

Jiangsu High Hope International Group Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Cash-to-Debt	Get a 7-Day Free Trial															0.64	0.55	0.63	0.58	0.57

Competitive Comparison of Jiangsu High Hope International Group's Cash-to-Debt

For the Conglomerates subindustry, Jiangsu High Hope International 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.

Jiangsu High Hope International Group's Cash-to-Debt Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Jiangsu High Hope International Group's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Jiangsu High Hope International Group's Cash-to-Debt falls into.

Save Embed

;

Save Embed

;

Jiangsu High Hope International 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.

Jiangsu High Hope International Group's Cash to Debt Ratio for the fiscal year that ended in Dec. 2024 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)
	=	6660.57	/	(9651.222	+	1752.221)
	=	0.58

Jiangsu High Hope International Group's Cash to Debt Ratio for the quarter that ended in Mar. 2025 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)
	=	6904.468	/	(11228.82	+	874.422)
	=	0.57

Jiangsu High Hope International Group (SHSE:600981) 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.

Jiangsu High Hope International Group Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Jiangsu High Hope International Group's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Jiangsu High Hope International Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Jiangsu High Hope International Group Corp (SHSE:600981) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

No. 91 Baiye Road, Jiangsu Province, Nanjing, CHN, 210002

Website

http://www.jstex.com

Jiangsu High Hope International Group Corp imports and exports textile products, apparel, silk, and fashion accessories such as handbags, shoes, and hats.

Executives

Gu Song Tao	Supervisors
Cao Hui Rong	senior management
Fan Yun Tao	senior management
Jiang Jin Hua	Director
Fang Chun Ling	Director
Liu Yu Zhang	Director
Zhou Chun Shan	senior management
Li Ning	senior management
Zhu Lin Sheng	senior management

Jiangsu High Hope International Group Headlines

No Headlines