Dynagreen Environmental Protection Group Co (HKSE:01330) Cash-to-Debt : 0.12 (As of Mar. 2024)

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What is Dynagreen Environmental Protection Group Co 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. Dynagreen Environmental Protection Group Co's cash to debt ratio for the quarter that ended in Mar. 2024 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, Dynagreen Environmental Protection Group Co couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

The historical rank and industry rank for Dynagreen Environmental Protection Group Co's Cash-to-Debt or its related term are showing as below:

HKSE:01330' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.05 Med: 0.15 Max: 0.62
Current: 0.12

During the past 11 years, Dynagreen Environmental Protection Group Co's highest Cash to Debt Ratio was 0.62. The lowest was 0.05. And the median was 0.15.

HKSE:01330's Cash-to-Debt is ranked worse than
77.69% of 242 companies
in the Waste Management industry
Industry Median: 0.355 vs HKSE:01330: 0.12

Dynagreen Environmental Protection Group Co Cash-to-Debt Historical Data

The historical data trend for Dynagreen Environmental Protection Group Co'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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Dynagreen Environmental Protection Group Co Cash-to-Debt Chart

Dynagreen Environmental Protection Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.05

0.17

0.09

0.15

0.09

Dynagreen Environmental Protection Group Co Quarterly Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															N/A	0.10	0.11	0.09	0.12

Competitive Comparison of Dynagreen Environmental Protection Group Co's Cash-to-Debt

For the Waste Management subindustry, Dynagreen Environmental Protection Group Co'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.

Dynagreen Environmental Protection Group Co's Cash-to-Debt Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Dynagreen Environmental Protection Group Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Dynagreen Environmental Protection Group Co's Cash-to-Debt falls into.

Dynagreen Environmental Protection Group Co 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.

Dynagreen Environmental Protection Group Co'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)
	=	1131.595	/	(2893.909	+	10184.865)
	=	0.09

Dynagreen Environmental Protection Group Co's Cash to Debt Ratio for the quarter that ended in Mar. 2024 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)
	=	1274.011	/	(647.959	+	10161.535)
	=	0.12

Dynagreen Environmental Protection Group Co (HKSE:01330) 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.

Dynagreen Environmental Protection Group Co Cash-to-Debt Related Terms

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Dynagreen Environmental Protection Group Co (HKSE:01330) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Dynagreen Environmental Protection Group Co Ltd (HKSE:01330) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

601330:China

Address

007 Keji South 12th Street, Jiuzhou Electronic Building, 2nd Floor, Northeastern Wing, Nanshan District, Guangdong Province, Shenzhen, CHN, 518057

Website

https://www.dynagreen.com.cn

Dynagreen Environmental Protection Group Co Ltd invests, constructs, operates, and maintains waste-to-energy plants that use waste incineration technology in China. Business activity of the group is operated under the build-operate-transfer and build-transfer arrangements. In addition, it also provides technical consulting service for these facilities.

Dynagreen Environmental Protection Group Co (HKSE:01330) Headlines

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