Huili Resources (Group) (HKSE:01303) Cash-to-Debt : 39.08 (As of Dec. 2023)

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What is Huili Resources (Group) 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. Huili Resources (Group)'s cash to debt ratio for the quarter that ended in Dec. 2023 was 39.08.

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, Huili Resources (Group) 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 Huili Resources (Group)'s Cash-to-Debt or its related term are showing as below:

HKSE:01303' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.86 Med: 65.37 Max: 254.77
Current: 39.08

During the past 13 years, Huili Resources (Group)'s highest Cash to Debt Ratio was 254.77. The lowest was 0.86. And the median was 65.37.

HKSE:01303's Cash-to-Debt is ranked better than
73.03% of 178 companies
in the Other Energy Sources industry
Industry Median: 1.915 vs HKSE:01303: 39.08

Huili Resources (Group) Cash-to-Debt Historical Data

The historical data trend for Huili Resources (Group)'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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Huili Resources (Group) Cash-to-Debt Chart

Huili Resources (Group) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

78.41

254.77

122.95

130.25

39.08

Huili Resources (Group) 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															122.95	44.17	130.25	33.37	39.08

Competitive Comparison of Huili Resources (Group)'s Cash-to-Debt

For the Thermal Coal subindustry, Huili Resources (Group)'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.

Huili Resources (Group)'s Cash-to-Debt Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Huili Resources (Group)'s Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Huili Resources (Group)'s Cash-to-Debt falls into.

Huili Resources (Group) 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.

Huili Resources (Group)'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)
	=	528.804	/	(3.059	+	10.473)
	=	39.08

Huili Resources (Group)'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)
	=	528.804	/	(3.059	+	10.473)
	=	39.08

Huili Resources (Group) (HKSE:01303) 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.

Huili Resources (Group) Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Huili Resources (Group)'s Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Huili Resources (Group) (HKSE:01303) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Huili Resources (Group) Ltd (HKSE:01303) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

Unit no.4, 23rd Floor, Overseas Trust Bank Building, No. 160 Gloucester Road, Hong Kong, HKG

Website

http://www.huili.hk

Huili Resources (Group) Ltd is an investment holding company, engaged in the mining, ore processing and sales of gold, nickel, copper, lead and zinc products, trading of materials for oil and gas exploration and coals, and financial services in the People's Republic of China. It operates through three business segments namely Mining, Financial service, and Coal business. The company derives the majority of its revenue from the Coal business segment which involve trading in coal.

Executives

Sky Circle International Limited	2101 Beneficial owner
Prosper Union Holdings Limited	2101 Beneficial owner
Bong Chin Chung	2101 Beneficial owner
Feng Yuantao	2101 Beneficial owner
Lai Long Wai	2201 Interest of corporation controlled by you
China Clean Energy Technology Limited	2101 Beneficial owner
Ye Xin	2201 Interest of corporation controlled by you
Cui Yazhou	2201 Interest of corporation controlled by you
China Asset Management (hong Kong) Limited	2102 Investment manager
Zhong Guo Hua Rong Zi Chan Guan Li Gu Fen You Xian Gong Si
Hua Rong Hua Qiao Zi Chan Guan Li Gu Fen You Xian Gong Si
Pine Success International Holdings Limited	2101 Beneficial owner
Cao Jianwei	2201 Interest of corporation controlled by you
Gao Miao Miao	2201 Interest of corporation controlled by you
Legend Vantage Limited	2101 Beneficial owner

Huili Resources (Group) (HKSE:01303) Headlines

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