Greenheart Group (HKSE:00094) Cash-to-Debt : 0.12 (As of Dec. 2023)

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What is Greenheart 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. Greenheart Group's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.12.

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, Greenheart Group couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

HKSE:00094' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.12 Med: 0.22 Max: 0.4
Current: 0.12

During the past 13 years, Greenheart Group's highest Cash to Debt Ratio was 0.40. The lowest was 0.12. And the median was 0.22.

HKSE:00094's Cash-to-Debt is ranked worse than
74.56% of 283 companies
in the Forest Products industry
Industry Median: 0.32 vs HKSE:00094: 0.12

Greenheart Group Cash-to-Debt Historical Data

The historical data trend for Greenheart 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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Greenheart Group Cash-to-Debt Chart

Greenheart Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.40

0.39

0.24

0.18

0.12

Greenheart 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															0.24	0.25	0.18	0.18	0.12

Competitive Comparison of Greenheart Group's Cash-to-Debt

For the Lumber & Wood Production subindustry, Greenheart 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.

Greenheart Group's Cash-to-Debt Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Greenheart Group's Cash-to-Debt distribution charts can be found below:

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

Greenheart 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.

Greenheart Group'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)
	=	47.714	/	(12.807	+	395.365)
	=	0.12

Greenheart Group'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)
	=	47.714	/	(12.807	+	395.365)
	=	0.12

Greenheart Group (HKSE:00094) 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.

Greenheart Group Cash-to-Debt Related Terms

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

Greenheart Group (HKSE:00094) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Greenheart Group Ltd (HKSE:00094) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 77-79 Gloucester Road, 32A, 32th Floor, Fortis Tower, Wanchai, Hong Kong, HKG

Website

http://www.greenheartgroup.com

Greenheart Group Ltd is an investment holding company. The company, along with its subsidiaries, is engaged in log harvesting, timber processing, marketing and sales of logs and timber products, provision of forest management services and shipping services. It has two reportable segments, Suriname involves the Selective hardwood log harvesting, timber processing, marketing, sale and trading of logs and timber products and the management and operation of forest concessions; and New Zealand involves softwood plantation management, log harvesting, marketing, sale and trading of logs and provision of forest management services. Its majority revenue generating region is New Zealand.

Executives

Cheng Yu Tung Family (holdings) Limited	2201 Interest of corporation controlled by you
Chow Tai Fook (holding) Limited	2201 Interest of corporation controlled by you
Chow Tai Fook Capital Limited	2201 Interest of corporation controlled by you
Cheng Yu Tung Family (holdings Ii) Limited	2201 Interest of corporation controlled by you
Chow Tai Fook Nominee Limited	2201 Interest of corporation controlled by you
Gallant Elite International Limited	2201 Interest of corporation controlled by you
Lai Wing Lun	2104 Agent
Arab Osman Mohammed	2104 Agent
Mak Siu Hang Viola	2201 Interest of corporation controlled by you
Idea Perfect Holdings Limited	2501 Other
Vms Investment Group Limited	2201 Interest of corporation controlled by you
Wu Wai Leung Danny
Hong Kong Genghis Khan Group Limited	2101 Beneficial owner
Ge Jian	2201 Interest of corporation controlled by you
China Forestry Group Corporation	2201 Interest of corporation controlled by you

Greenheart Group (HKSE:00094) Headlines

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