OCI International Holdings (HKSE:00329) Cash-to-Debt : 26.37 (As of Dec. 2023)

View and export this data going back to 2001. Start your Free Trial

What is OCI International Holdings 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. OCI International Holdings's cash to debt ratio for the quarter that ended in Dec. 2023 was 26.37.

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, OCI International Holdings 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 OCI International Holdings's Cash-to-Debt or its related term are showing as below:

HKSE:00329' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.1 Med: 5.63 Max: No Debt
Current: 26.37

During the past 13 years, OCI International Holdings's highest Cash to Debt Ratio was No Debt. The lowest was 1.10. And the median was 5.63.

HKSE:00329's Cash-to-Debt is ranked better than
74.21% of 791 companies
in the Capital Markets industry
Industry Median: 1.91 vs HKSE:00329: 26.37

OCI International Holdings Cash-to-Debt Historical Data

The historical data trend for OCI International Holdings'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.

* Premium members only.

OCI International Holdings Cash-to-Debt Chart

OCI International Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

1.10

1.46

5.57

5.68

26.37

OCI International Holdings 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															5.57	7.65	5.68	6.19	26.37

Competitive Comparison of OCI International Holdings's Cash-to-Debt

For the Capital Markets subindustry, OCI International Holdings'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.

OCI International Holdings's Cash-to-Debt Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, OCI International Holdings's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where OCI International Holdings's Cash-to-Debt falls into.

OCI International Holdings 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.

OCI International Holdings'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)
	=	240.845	/	(3.174	+	5.961)
	=	26.37

OCI International Holdings'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)
	=	240.845	/	(3.174	+	5.961)
	=	26.37

OCI International Holdings (HKSE:00329) 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.

OCI International Holdings Cash-to-Debt Related Terms

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

OCI International Holdings (HKSE:00329) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » OCI International Holdings Ltd (HKSE:00329) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

28 Hennessy Road, Level 23, Hong Kong, HKG

Website

http://www.oci-intl.com

OCI International Holdings Ltd operates as an investment holding company. It operates through the following segments: Securities trading and Investments, Trading of wines, Investment, and financial advisory services, and asset management. The Securities Trading and Investments segment focuses on investing and trading in listed equity securities, fixed-income products, private funds, and private equity opportunities. The Investment and Financial Advisory Services segment provides business consulting and advisory services. The firm derives the majority revenue from the Asset management segment in Hong Kong.

OCI International Holdings (HKSE:00329) Headlines

No Headlines