China Wood International Holding Co (HKSE:01822) Cash-to-Debt : 0.13 (As of Dec. 2023)

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What is China Wood International Holding 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. China Wood International Holding Co's cash to debt ratio for the quarter that ended in Dec. 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, China Wood International Holding Co 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 China Wood International Holding Co's Cash-to-Debt or its related term are showing as below:

HKSE:01822' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.05 Max: 0.68
Current: 0.13

During the past 13 years, China Wood International Holding Co's highest Cash to Debt Ratio was 0.68. The lowest was 0.00. And the median was 0.05.

HKSE:01822's Cash-to-Debt is ranked worse than
72.63% of 285 companies
in the Forest Products industry
Industry Median: 0.32 vs HKSE:01822: 0.13

China Wood International Holding Co Cash-to-Debt Historical Data

The historical data trend for China Wood International Holding 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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China Wood International Holding Co Cash-to-Debt Chart

China Wood International Holding Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.06

0.01

0.13

China Wood International Holding Co 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															-	-	0.01	0.06	0.13

Competitive Comparison of China Wood International Holding Co's Cash-to-Debt

For the Lumber & Wood Production subindustry, China Wood International Holding 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.

China Wood International Holding Co's Cash-to-Debt Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, China Wood International Holding Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where China Wood International Holding Co's Cash-to-Debt falls into.

China Wood International Holding 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.

China Wood International Holding 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)
	=	3.522	/	(18.772	+	8.849)
	=	0.13

China Wood International Holding Co'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)
	=	3.522	/	(18.772	+	8.849)
	=	0.13

China Wood International Holding Co (HKSE:01822) 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.

China Wood International Holding Co Cash-to-Debt Related Terms

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

China Wood International Holding Co (HKSE:01822) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » China Wood International Holding Co Ltd (HKSE:01822) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

90 Connaught Road Central, Room 1601, 16th Floor, Sun House, Hong Kong, HKG

Website

https://www.chinawoodint.com.hk

China Wood International Holding Co Ltd is an investment holding company. It operates in four segments: the Car rental segment, which engages in the provision of car rental services; the Wood-related business segment engages in the processing and distribution of furniture wood, and the manufacturing and sales of antique-style wood furniture and other wooden products; Financing services and investments segment is into money lending business through the provision of loans and financial investment holding; and Others segment is in the provision of services, such as public relations and property investment. It derives prime revenue from the PRC.

Executives

Yam Tak Cheung	2201 Interest of corporation controlled by you
Integrated Capital (asia) Limited	2106 Person having a security interest in shares
Lyu Ning Jiang	2201 Interest of corporation controlled by you
Right Momentum Group Limited	2101 Beneficial owner
Sino Merchant Car Rental Limited	2101 Beneficial owner
Able Planet International Limited
China Wood Scheme Limited
Arab Osman Mohammed
Lai Wing Lun
Dai Yumin	2202 Interest of your spouse
Deng Shufen	2201 Interest of corporation controlled by you
Liu Jiangyuan	2201 Interest of corporation controlled by you
China Orient Alternative Investment Fund	2201 Interest of corporation controlled by you
China Orient Asset Management Co., Ltd.	2201 Interest of corporation controlled by you

China Wood International Holding Co (HKSE:01822) Headlines

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