Wang On Properties (HKSE:01243) Cash-to-Debt : 0.13 (As of Sep. 2023)

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What is Wang On Properties 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. Wang On Properties's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.13.

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, Wang On Properties couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

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

HKSE:01243' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.04 Med: 0.22 Max: 0.53
Current: 0.13

During the past 11 years, Wang On Properties's highest Cash to Debt Ratio was 0.53. The lowest was 0.04. And the median was 0.22.

HKSE:01243's Cash-to-Debt is ranked worse than
65.15% of 1785 companies
in the Real Estate industry
Industry Median: 0.25 vs HKSE:01243: 0.13

Wang On Properties Cash-to-Debt Historical Data

The historical data trend for Wang On Properties'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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Wang On Properties Cash-to-Debt Chart

Wang On Properties Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

Get a 7-Day Free Trial

0.47

0.24

0.21

Wang On Properties 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															0.16	0.21	0.22	0.21	0.13

Competitive Comparison of Wang On Properties's Cash-to-Debt

For the Real Estate - Development subindustry, Wang On Properties'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.

Wang On Properties's Cash-to-Debt Distribution in the Real Estate Industry

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

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

Wang On Properties 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.

Wang On Properties'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)
	=	889.946	/	(2167.915	+	2037.447)
	=	0.21

Wang On Properties'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)
	=	586.687	/	(2593.974	+	2060.99)
	=	0.13

Wang On Properties (HKSE:01243) 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.

Wang On Properties Cash-to-Debt Related Terms

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Wang On Properties (HKSE:01243) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Wang On Properties Ltd (HKSE:01243) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

39 Wang Kwong Road, Suite 3201, 32nd Floor, Skyline Tower, Kowloon Bay, Kowloon, Hong Kong, HKG

Website

https://www.woproperties.com

Wang On Properties Ltd is engaged in property development and property investment in Hong Kong. The company's business segments are Property development, Asset management segment, and Property investment. The Property development segment, which is the key revenue-driving segment, engages in the development of properties whereas the Property Investment segment engages in the investment in commercial and industrial premises for rental or for sale. The Asset Management segment earns fee income for managing assets on behalf of the group's capital partners via investment vehicles. The company operates its business in Hong Kong.

Executives

Tang Ching Ho	2201 Interest of corporation controlled by you
Yau Yuk Yin	2202 Interest of your spouse

Wang On Properties (HKSE:01243) Headlines

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