Bank of Gansu Co (HKSE:02139) Cash-to-Debt : 1.10 (As of Dec. 2023)

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What is Bank of Gansu 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. Bank of Gansu Co's cash to debt ratio for the quarter that ended in Dec. 2023 was 1.10.

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, Bank of Gansu Co 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 Bank of Gansu Co's Cash-to-Debt or its related term are showing as below:

HKSE:02139' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.74 Med: 1.18 Max: No Debt
Current: 1.1

During the past 10 years, Bank of Gansu Co's highest Cash to Debt Ratio was No Debt. The lowest was 0.74. And the median was 1.18.

HKSE:02139's Cash-to-Debt is ranked worse than
54.56% of 1424 companies
in the Banks industry
Industry Median: 1.295 vs HKSE:02139: 1.10

Bank of Gansu Co Cash-to-Debt Historical Data

The historical data trend for Bank of Gansu 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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Bank of Gansu Co Cash-to-Debt Chart

Bank of Gansu Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.74

1.27

1.01

0.87

1.10

Bank of Gansu Co Semi-Annual Data
	Dec14	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													1.01	0.65	0.87	0.94	1.10

Competitive Comparison of Bank of Gansu Co's Cash-to-Debt

For the Banks - Regional subindustry, Bank of Gansu 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.

Bank of Gansu Co's Cash-to-Debt Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Bank of Gansu Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Bank of Gansu Co's Cash-to-Debt falls into.

Bank of Gansu Co Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents 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.

Bank of Gansu Co's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	26824.624	/	(0	+	24455.666)
	=	1.10

Bank of Gansu Co's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	26824.624	/	(0	+	24455.666)
	=	1.10

Bank of Gansu Co (HKSE:02139) 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.

Bank of Gansu Co Cash-to-Debt Related Terms

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Bank of Gansu Co (HKSE:02139) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank of Gansu Co Ltd (HKSE:02139) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

525-1 Donggang West Road, Chengguan District, Gansu Province, Lanzhou City, CHN, 700030

Website

https://www.gsbankchina.com

Bank of Gansu Co Ltd is a China-based commercial bank. The operating segments of the company are Corporate banking, Retail banking, Financial market operations, and others. It generates maximum revenue from the Corporate banking segment. The Corporate banking segment represents the provision of a range of financial products and services, including loans, discounted bills, deposits, and fees, and commission-based products and services to corporations and government agencies. Its activities include corporate loans and advances, deposit-taking activities, agency services, consulting, and advisory services, remittance and settlement services, and guarantee services.

Bank of Gansu Co (HKSE:02139) Headlines

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