New Silkroad Culturaltainment (HKSE:00472) Cash-to-Debt : 1.86 (As of Dec. 2023)

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What is New Silkroad Culturaltainment 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. New Silkroad Culturaltainment's cash to debt ratio for the quarter that ended in Dec. 2023 was 1.86.

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, New Silkroad Culturaltainment could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

The historical rank and industry rank for New Silkroad Culturaltainment's Cash-to-Debt or its related term are showing as below:

HKSE:00472' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.11 Med: 0.75 Max: 7.52
Current: 1.86

During the past 13 years, New Silkroad Culturaltainment's highest Cash to Debt Ratio was 7.52. The lowest was 0.11. And the median was 0.75.

HKSE:00472's Cash-to-Debt is ranked better than
78.53% of 1779 companies
in the Real Estate industry
Industry Median: 0.25 vs HKSE:00472: 1.86

New Silkroad Culturaltainment Cash-to-Debt Historical Data

The historical data trend for New Silkroad Culturaltainment'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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New Silkroad Culturaltainment Cash-to-Debt Chart

New Silkroad Culturaltainment Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.19

0.11

2.87

7.52

1.86

New Silkroad Culturaltainment 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															2.87	4.17	7.52	1.92	1.86

Competitive Comparison of New Silkroad Culturaltainment's Cash-to-Debt

For the Real Estate - Diversified subindustry, New Silkroad Culturaltainment'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.

New Silkroad Culturaltainment's Cash-to-Debt Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, New Silkroad Culturaltainment's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where New Silkroad Culturaltainment's Cash-to-Debt falls into.

New Silkroad Culturaltainment 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.

New Silkroad Culturaltainment's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
	=	201.745	/	(71.817	+	36.719)
	=	1.86

New Silkroad Culturaltainment's Cash to Debt Ratio for the quarter that ended in Dec. 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)
	=	201.745	/	(71.817	+	36.719)
	=	1.86

New Silkroad Culturaltainment (HKSE:00472) 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.

New Silkroad Culturaltainment Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of New Silkroad Culturaltainment's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

New Silkroad Culturaltainment (HKSE:00472) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » New Silkroad Culturaltainment Ltd (HKSE:00472) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

262 Gloucester Road, 15th Floor, COFCO Tower, Causeway Bay, Hong Kong, HKG

Website

http://www.newsilkroad472.com

New Silkroad Culturaltainment Ltd is an investment holding company. The company has three reportable segments, namely development and operation of real estate, integrated resort and cultural tourism, production and distribution of wine, and entertainment business. It generates maximum revenue from the real estate, integrated resort, and cultural tourism segments. Geographically, it derives a majority of its revenue from Australia.

Executives

Xiao Wenhui	2201 Interest of corporation controlled by you
Cheung Shek Investment Company Limited	2201 Interest of corporation controlled by you
Macro-link Holding Company Limited	2201 Interest of corporation controlled by you
Fu Kwan	2201 Interest of corporation controlled by you
Macrolink Culturaltainment Development Co., Ltd.	2201 Interest of corporation controlled by you
Macro-link International Land Limited	2101 Beneficial owner
Macro-link Industrial Investment Limited	2201 Interest of corporation controlled by you
Macro-link International Investment Co, Ltd.	2101 Beneficial owner
Paisheng International Technology Co., Ltd	2101 Beneficial owner
Paison Technology Group Ltd.	2201 Interest of corporation controlled by you
Tang Jun	2201 Interest of corporation controlled by you

New Silkroad Culturaltainment (HKSE:00472) Headlines

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