Greenland Hong Kong Holdings (HKSE:00337) Cash-to-Debt : 0.12 (As of Dec. 2023)

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What is Greenland Hong Kong 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. Greenland Hong Kong Holdings'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, Greenland Hong Kong Holdings 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 Greenland Hong Kong Holdings's Cash-to-Debt or its related term are showing as below:

HKSE:00337' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.12 Med: 0.33 Max: 0.57
Current: 0.12

During the past 13 years, Greenland Hong Kong Holdings's highest Cash to Debt Ratio was 0.57. The lowest was 0.12. And the median was 0.33.

HKSE:00337's Cash-to-Debt is ranked worse than
67.1% of 1781 companies
in the Real Estate industry
Industry Median: 0.25 vs HKSE:00337: 0.12

Greenland Hong Kong Holdings Cash-to-Debt Historical Data

The historical data trend for Greenland Hong Kong 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.

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Greenland Hong Kong Holdings Cash-to-Debt Chart

Greenland Hong Kong Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.57

0.38

0.36

0.19

0.12

Greenland Hong Kong 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															0.36	0.31	0.19	0.11	0.12

Competitive Comparison of Greenland Hong Kong Holdings's Cash-to-Debt

For the Real Estate - Development subindustry, Greenland Hong Kong 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.

Greenland Hong Kong Holdings's Cash-to-Debt Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Greenland Hong Kong Holdings's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Greenland Hong Kong Holdings's Cash-to-Debt falls into.

Greenland Hong Kong 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.

Greenland Hong Kong 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)
	=	1879.048	/	(8261.656	+	7953.595)
	=	0.12

Greenland Hong Kong 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)
	=	1879.048	/	(8261.656	+	7953.595)
	=	0.12

Greenland Hong Kong Holdings (HKSE:00337) 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.

Greenland Hong Kong Holdings Cash-to-Debt Related Terms

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Greenland Hong Kong Holdings (HKSE:00337) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Greenland Hong Kong Holdings Ltd (HKSE:00337) » Definitions » Cash-to-Debt

Traded in Other Exchanges

QFRA:Germany

Address

No. 193, Xiehe Road, Changning District, Shanghai, CHN

Website

https://www.greenlandhk.com

Greenland Hong Kong Holdings Ltd is a real estate development company that operates in China and has a presence in several countries internationally. The Group has four reportable segments, Sales of properties and construction management services; Lease of properties; Hotel and related services; and Property management and other services. The majority is from the Sales of properties & construction management segment which includes the development and sales of residential properties and provision of construction management services. Geographically, the Group mainly operates in the PRC.

Executives

Wang Xuling	2305 Beneficiary of a trust
Wang Weixian	2307 Founder of a discretionary trust who can infl
Brilliant Bright Investment Limited	2201 Interest of corporation controlled by you
Spg Investment Holdings Ltd	2101 Beneficial owner
Hsbc International Trustee Limited	2301 Trustee
Reach Top Holding Limited	2201 Interest of corporation controlled by you

Greenland Hong Kong Holdings (HKSE:00337) Headlines

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