Shun Ho Property Investments (HKSE:00219) Cash-to-Debt : 0.33 (As of Dec. 2023)

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What is Shun Ho Property Investments 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. Shun Ho Property Investments's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.33.

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, Shun Ho Property Investments 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 Shun Ho Property Investments's Cash-to-Debt or its related term are showing as below:

HKSE:00219' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.17 Med: 0.45 Max: 1.9
Current: 0.33

During the past 13 years, Shun Ho Property Investments's highest Cash to Debt Ratio was 1.90. The lowest was 0.17. And the median was 0.45.

HKSE:00219's Cash-to-Debt is ranked worse than
58.03% of 822 companies
in the Travel & Leisure industry
Industry Median: 0.59 vs HKSE:00219: 0.33

Shun Ho Property Investments Cash-to-Debt Historical Data

The historical data trend for Shun Ho Property Investments'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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Shun Ho Property Investments Cash-to-Debt Chart

Shun Ho Property Investments Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.17

0.21

0.37

0.27

0.33

Shun Ho Property Investments 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															0.37	0.40	0.27	0.27	0.33

Competitive Comparison of Shun Ho Property Investments's Cash-to-Debt

For the Lodging subindustry, Shun Ho Property Investments'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.

Shun Ho Property Investments's Cash-to-Debt Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Shun Ho Property Investments's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Shun Ho Property Investments's Cash-to-Debt falls into.

Shun Ho Property Investments 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.

Shun Ho Property Investments'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)
	=	334.479	/	(131.448	+	891.971)
	=	0.33

Shun Ho Property Investments'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)
	=	334.479	/	(131.448	+	891.971)
	=	0.33

Shun Ho Property Investments (HKSE:00219) 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.

Shun Ho Property Investments Cash-to-Debt Related Terms

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

Shun Ho Property Investments (HKSE:00219) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Shun Ho Property Investments Ltd (HKSE:00219) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

24-30 Ice House Street, 3rd Floor, Shun Ho Tower, Central, Hong Kong, HKG

Website

http://www.shunho.com.hk/shpi/index.html

Shun Ho Property Investments Ltd is a Hong Kong-based company principally engaged in hotel businesses. It operates through three segments Hospitality Services, Property Investment and Securities Investment. The company looks into the operation of Best Western Plus Hotel Kowloon, Best Western Plus Hotel Hong Kong, Magnificent International Hotel, Shanghai, Best Western Hotel Causeway Bay, Ramada Hong Kong Harbour View, Ramada Hong Kong Grand, Grand City Hotel, Ramada Hong Kong Grand View, 633 King's Road, Shun Ho Tower, and Shops, hotel and residential properties. The group derives revenue from Hong Kong and the PRC, of which prime revenue is derived from Hong Kong.

Shun Ho Property Investments (HKSE:00219) Headlines

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