CR Construction Group Holdings (HKSE:01582) Cash-to-Debt : 0.32 (As of Dec. 2023)

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What is CR Construction Group 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. CR Construction Group Holdings's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.32.

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, CR Construction Group 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 CR Construction Group Holdings's Cash-to-Debt or its related term are showing as below:

HKSE:01582' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.32 Med: 0.67 Max: 40.59
Current: 0.32

During the past 8 years, CR Construction Group Holdings's highest Cash to Debt Ratio was 40.59. The lowest was 0.32. And the median was 0.67.

HKSE:01582's Cash-to-Debt is ranked worse than
66.61% of 1653 companies
in the Construction industry
Industry Median: 0.62 vs HKSE:01582: 0.32

CR Construction Group Holdings Cash-to-Debt Historical Data

The historical data trend for CR Construction Group 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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CR Construction Group Holdings Cash-to-Debt Chart

CR Construction Group Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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40.59

0.50

0.33

0.60

0.32

CR Construction Group Holdings Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial								0.33	0.49	0.60	0.10	0.32

Competitive Comparison of CR Construction Group Holdings's Cash-to-Debt

For the Engineering & Construction subindustry, CR Construction Group 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.

CR Construction Group Holdings's Cash-to-Debt Distribution in the Construction Industry

For the Construction industry and Industrials sector, CR Construction Group Holdings's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where CR Construction Group Holdings's Cash-to-Debt falls into.

CR Construction Group 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.

CR Construction Group Holdings'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)
	=	235.971	/	(640.983	+	86.642)
	=	0.32

CR Construction Group 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)
	=	235.971	/	(640.983	+	86.642)
	=	0.32

CR Construction Group Holdings (HKSE:01582) 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.

CR Construction Group Holdings Cash-to-Debt Related Terms

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

CR Construction Group Holdings (HKSE:01582) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » CR Construction Group Holdings Ltd (HKSE:01582) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

388 Kwun Tong Road, Standard Chartered Tower, Units 3-16, 32rd Floor, Millennium City 1, Kwun Tong, Kowloon, Hong Kong, HKG

Website

https://www.cr-construction.com.hk

CR Construction Group Holdings Ltd is an investment holding company engaged in providing construction services. The company works as a main contractor or subcontractor, primarily in respect of building construction, repair, maintenance and addition, and alteration works. The majority of its revenue comes from Hong Kong.

Executives

Zhe Jiang Sheng Guo You Zi Ben Yun Ying You Xian Gong Si	2201 Interest of corporation controlled by you
Zhe Jiang Sheng Jian She Tou Zi Ji Tuan Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
China Zhejiang Construction Group (h.k.) Limited	2201 Interest of corporation controlled by you
Cr Construction Investments Limited	2101 Beneficial owner
Zhejiang Construction Group (h.k) Holdings Limited	2201 Interest of corporation controlled by you
Ning Xing Ji Tuan You Xian Gong Si

CR Construction Group Holdings (HKSE:01582) Headlines

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