Tern Properties Co (HKSE:00277) Cash-to-Debt : 5.15 (As of Sep. 2023)

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What is Tern Properties 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. Tern Properties Co's cash to debt ratio for the quarter that ended in Sep. 2023 was 5.15.

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, Tern Properties Co could pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

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

HKSE:00277' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.15 Med: 0.78 Max: No Debt
Current: 5.15

During the past 13 years, Tern Properties Co's highest Cash to Debt Ratio was No Debt. The lowest was 0.15. And the median was 0.78.

HKSE:00277's Cash-to-Debt is not ranked
in the Real Estate industry.
Industry Median: 0.25 vs HKSE:00277: 5.15

Tern Properties Co Cash-to-Debt Historical Data

The historical data trend for Tern Properties 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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Tern Properties Co Cash-to-Debt Chart

Tern Properties Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

Get a 7-Day Free Trial

0.51

0.28

0.65

3.32

4.24

Tern Properties Co Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial															0.96	3.32	2.45	4.24	5.15

Competitive Comparison of Tern Properties Co's Cash-to-Debt

For the Real Estate Services subindustry, Tern Properties 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.

Tern Properties Co's Cash-to-Debt Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Tern Properties Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Tern Properties Co's Cash-to-Debt falls into.

Tern Properties 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.

Tern Properties Co's Cash to Debt Ratio for the fiscal year that ended in Mar. 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)
	=	202.204	/	(3.094	+	44.584)
	=	4.24

Tern Properties Co's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	236.946	/	(2.804	+	43.211)
	=	5.15

Tern Properties Co (HKSE:00277) 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.

Tern Properties Co Cash-to-Debt Related Terms

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Tern Properties Co (HKSE:00277) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Tern Properties Co Ltd (HKSE:00277) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

237 Queen's Road Central, 26th Floor, Tern Centre, Tower I, Hong Kong, HKG

Website

https://www.tern.hk

Tern Properties Co Ltd is a Hong Kong-based company involved in the Property investment business where the company buys, sells, and leases properties as well as in the Treasury investment business where the company is engaged in investing in debt and equity securities. Geographically, the group principally operates in Hong Kong. The company derives key income from the Property investment business.

Executives

Beyers Investments Limited	2201 Interest of corporation controlled by you
Noranger Company Limited	2101 Beneficial owner
Chan Hoi Sow	2305 Beneficiary of a trust
Chan Loo Kuo Pin	2202 Interest of your spouse
Chan Yan Tin Andrew	2305 Beneficiary of a trust
Chan Yan Lam Alan	2305 Beneficiary of a trust
Chan Yan Wai Emily	2305 Beneficiary of a trust
Chan Yan Mei Mary-ellen
Credit Suisse Trust Limited	2301 Trustee
Global Heritage Group Limited	2201 Interest of corporation controlled by you
Smartprint Development Limited
Evergrade Investments Limited
Builtwin Ltd.	2101 Beneficial owner
Hon Nicholas	2201 Interest of corporation controlled by you

Tern Properties Co (HKSE:00277) Headlines

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