Planetree International Development (HKSE:00613) Cash-to-Debt : 0.16 (As of Dec. 2023)

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What is Planetree International Development 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. Planetree International Development's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.16.

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

HKSE:00613' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.13 Med: 1.06 Max: No Debt
Current: 0.16

During the past 13 years, Planetree International Development's highest Cash to Debt Ratio was No Debt. The lowest was 0.13. And the median was 1.06.

HKSE:00613's Cash-to-Debt is ranked worse than
86.93% of 788 companies
in the Capital Markets industry
Industry Median: 2.275 vs HKSE:00613: 0.16

Planetree International Development Cash-to-Debt Historical Data

The historical data trend for Planetree International Development'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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Planetree International Development Cash-to-Debt Chart

Planetree International Development Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

1.22

0.89

1.58

0.87

0.16

Planetree International Development 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															1.58	1.06	0.87	0.50	0.16

Competitive Comparison of Planetree International Development's Cash-to-Debt

For the Capital Markets subindustry, Planetree International Development'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.

Planetree International Development's Cash-to-Debt Distribution in the Capital Markets Industry

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

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

Planetree International Development Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents 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.

Planetree International Development's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	38.517	/	(0	+	242.995)
	=	0.16

Planetree International Development's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	38.517	/	(0	+	242.995)
	=	0.16

Planetree International Development (HKSE:00613) 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.

Planetree International Development Cash-to-Debt Related Terms

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

Planetree International Development (HKSE:00613) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Planetree International Development Ltd (HKSE:00613) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

28 Marble Road, North Point, 8th Floor, China United Centre, Hong Kong, HKG

Website

https://www.planetreeintl.com

Planetree International Development Ltd is a Hong Kong-based investment holding company engaged in diversified businesses. Its segments are Financial services; Credit and lending services; Other financial services segment; Property investment and leasing segment; and Tactical and strategic investment segment. It derives the majority of its revenue from the Financial Services segment which engages in the provision of dealing in securities, margin financing services, dealing in futures contracts, advising on corporate finance, and asset management services with Type 1, Type 2, Type 6, Type 8 and Type 9 licenses granted under the SFO.

Executives

Future Capital Group Limited	2101 Beneficial owner
Lo Ki Yan Karen	2201 Interest of corporation controlled by you

Planetree International Development (HKSE:00613) Headlines

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