Applied Development Holdings (HKSE:00519) Cash-to-Debt : 0.85 (As of Dec. 2023)

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What is Applied Development 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. Applied Development Holdings's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.85.

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

HKSE:00519' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.11 Med: 1.32 Max: No Debt
Current: 0.85

During the past 13 years, Applied Development Holdings's highest Cash to Debt Ratio was No Debt. The lowest was 0.11. And the median was 1.32.

HKSE:00519's Cash-to-Debt is ranked better than
72.21% of 1781 companies
in the Real Estate industry
Industry Median: 0.26 vs HKSE:00519: 0.85

Applied Development Holdings Cash-to-Debt Historical Data

The historical data trend for Applied Development 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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Applied Development Holdings Cash-to-Debt Chart

Applied Development Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

Get a 7-Day Free Trial

2.09

2.21

1.70

1.00

0.80

Applied Development 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															1.65	1.00	0.93	0.80	0.85

Competitive Comparison of Applied Development Holdings's Cash-to-Debt

For the Real Estate Services subindustry, Applied Development 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.

Applied Development Holdings's Cash-to-Debt Distribution in the Real Estate Industry

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

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

Applied Development 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.

Applied Development Holdings's Cash to Debt Ratio for the fiscal year that ended in Jun. 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)
	=	167.781	/	(210.124	+	0)
	=	0.80

Applied Development 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)
	=	178.929	/	(210.123	+	0)
	=	0.85

Applied Development Holdings (HKSE:00519) 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.

Applied Development Holdings Cash-to-Debt Related Terms

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Applied Development Holdings (HKSE:00519) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Applied Development Holdings Ltd (HKSE:00519) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

ADHLF:USA

Address

89 Queensway, Unit 2408A, 24th Floor, Tower 1, Lippo Centre, Hong Kong, HKG

Website

http://www.applieddev.com

Applied Development Holdings Ltd is an investment holding company. Its business activities are segmented as follows: Resort and Property Development segment which includes properties under development for commercial purposes; Property Investment segment includes mainly commercial properties that are held for capital appreciation or to earn rental income; and Investment Holding segment includes holding of unlisted investment fund, equity securities, debt instruments, equity-linked notes, and other assets. The majority of its revenue is derived from Resort and Property investment. The group's operations are principally located in Hong Kong, and the People's Republic of China, out of which the People's Republic of China contributes the vast majority of revenue.

Executives

Li Fuyi
Wu Zhanming
Ruixing Investments Limited	2101 Beneficial owner
Wu Zhanming	2101 Beneficial owner

Applied Development Holdings (HKSE:00519) Headlines

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