Tian An China Investments Co (HKSE:00028) Cash-to-Debt : 1.15 (As of Dec. 2023)

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What is Tian An China Investments Co 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. Tian An China Investments Co's cash to debt ratio for the quarter that ended in Dec. 2023 was 1.15.

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, Tian An China Investments Co 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 Tian An China Investments Co's Cash-to-Debt or its related term are showing as below:

HKSE:00028' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.31 Med: 0.7 Max: 1.19
Current: 1.15

During the past 13 years, Tian An China Investments Co's highest Cash to Debt Ratio was 1.19. The lowest was 0.31. And the median was 0.70.

HKSE:00028's Cash-to-Debt is ranked better than
74.93% of 1787 companies
in the Real Estate industry
Industry Median: 0.25 vs HKSE:00028: 1.15

Tian An China Investments Co Cash-to-Debt Historical Data

The historical data trend for Tian An China Investments 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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Tian An China Investments Co Cash-to-Debt Chart

Tian An China Investments Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.45

0.64

0.46

0.90

1.15

Tian An China Investments Co 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															0.46	0.46	0.90	0.87	1.15

Competitive Comparison of Tian An China Investments Co's Cash-to-Debt

For the Real Estate - Development subindustry, Tian An China Investments 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.

Tian An China Investments Co's Cash-to-Debt Distribution in the Real Estate Industry

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

* The bar in red indicates where Tian An China Investments Co's Cash-to-Debt falls into.

Tian An China Investments 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.

Tian An China Investments Co'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)
	=	8269.877	/	(1877.092	+	5334.416)
	=	1.15

Tian An China Investments Co'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)
	=	8269.877	/	(1877.092	+	5334.416)
	=	1.15

Tian An China Investments Co (HKSE:00028) 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.

Tian An China Investments Co Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Tian An China Investments Co's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Tian An China Investments Co (HKSE:00028) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Tian An China Investments Co Ltd (HKSE:00028) » Definitions » Cash-to-Debt

Traded in Other Exchanges

TIACF:USA

Address

138 Gloucester Road, 22nd Floor, Allied Kajima Building, Wanchai, Hong Kong, HKG

Website

http://www.tiananchina.com

Tian An China Investments Co Ltd is an investment holding company. Along with its subsidiaries, it is engaged in the activities of Property development, Property investment, and Other operations segments. The activities of the group include the development of apartments, villas, office buildings, and commercial properties, property investment, and property management on the mainland in the PRC, and property investment and property management in Hong Kong. The firm's operations are reported from China from the property development segment.

Executives

Allied Group Limited	2201 Interest of corporation controlled by you
Lee Seng Hui	2201 Interest of corporation controlled by you
Lee Seng Huang	2201 Interest of corporation controlled by you
Lee Su Hwei	2201 Interest of corporation controlled by you
China Spirit Limited	2201 Interest of corporation controlled by you
Vigor Online Offshore Limited	2101 Beneficial owner
Chong Sok Un	2201 Interest of corporation controlled by you
Pia Ltd	2102 Investment manager
Argyle Street Management Holdings Limited
Argyle Street Management Limited
Chan Kin
Allied Properties (h.k.) Limited

Tian An China Investments Co (HKSE:00028) Headlines

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