Hands Form Holdings (HKSE:01920) Cash-to-Debt : 1.93 (As of Dec. 2023)

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What is Hands Form 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. Hands Form Holdings's cash to debt ratio for the quarter that ended in Dec. 2023 was 1.93.

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, Hands Form Holdings 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 Hands Form Holdings's Cash-to-Debt or its related term are showing as below:

HKSE:01920' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.1 Med: 1.16 Max: No Debt
Current: 1.93

During the past 8 years, Hands Form Holdings's highest Cash to Debt Ratio was No Debt. The lowest was 0.10. And the median was 1.16.

HKSE:01920's Cash-to-Debt is ranked better than
69.84% of 1668 companies
in the Construction industry
Industry Median: 0.62 vs HKSE:01920: 1.93

Hands Form Holdings Cash-to-Debt Historical Data

The historical data trend for Hands Form 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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Hands Form Holdings Cash-to-Debt Chart

Hands Form Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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6.47

0.33

0.59

1.44

1.93

Hands Form Holdings Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial									0.59	2.72	1.44	0.81	1.93

Competitive Comparison of Hands Form Holdings's Cash-to-Debt

For the Engineering & Construction subindustry, Hands Form 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.

Hands Form Holdings's Cash-to-Debt Distribution in the Construction Industry

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

* The bar in red indicates where Hands Form Holdings's Cash-to-Debt falls into.

Hands Form 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.

Hands Form 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)
	=	18.6	/	(9.622	+	0)
	=	1.93

Hands Form 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)
	=	18.6	/	(9.622	+	0)
	=	1.93

Hands Form Holdings (HKSE:01920) 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.

Hands Form Holdings Cash-to-Debt Related Terms

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Hands Form Holdings (HKSE:01920) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Hands Form Holdings Ltd (HKSE:01920) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

28 Shanghai Street, Room 9, 2nd Floor, Hang Bong Commercial Centre, Jordan, Kowloon, Hong Kong, HKG

Website

https://www.handsform.com

Hands Form Holdings Ltd is an established subcontractor in Hong Kong and principally engaged in the provision of wet trades work and other wet trades-related ancillary works. Wet trades works include plastering on floors, walls, and ceilings, tile laying on internal and external walls and floors, bricklaying, and marble works. The company's segment includes Construction services and Construction IT services. It generates maximum revenue from the Construction services segment.

Executives

Wonderful Renown Limited	2101 Beneficial owner
Cheung Lai Chun	2103 Interests held jointly with another person
Chan Shui King	2202 Interest of your spouse
Cheung Kwok Fai Adam	2201 Interest of corporation controlled by you

Hands Form Holdings (HKSE:01920) Headlines

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