Unity Enterprise Holdings (HKSE:02195) Cash-to-Debt : 2.85 (As of Dec. 2023)

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What is Unity Enterprise 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. Unity Enterprise Holdings's cash to debt ratio for the quarter that ended in Dec. 2023 was 2.85.

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

HKSE:02195' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.47 Med: 3.41 Max: 528.2
Current: 2.85

During the past 8 years, Unity Enterprise Holdings's highest Cash to Debt Ratio was 528.20. The lowest was 0.47. And the median was 3.41.

HKSE:02195's Cash-to-Debt is ranked better than
74.38% of 1655 companies
in the Construction industry
Industry Median: 0.62 vs HKSE:02195: 2.85

Unity Enterprise Holdings Cash-to-Debt Historical Data

The historical data trend for Unity Enterprise 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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Unity Enterprise Holdings Cash-to-Debt Chart

Unity Enterprise Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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3.97

1.37

528.20

346.43

2.85

Unity Enterprise Holdings Semi-Annual Data
	Dec16	Dec17	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial							528.20	187.16	346.43	48.00	2.85

Competitive Comparison of Unity Enterprise Holdings's Cash-to-Debt

For the Engineering & Construction subindustry, Unity Enterprise 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.

Unity Enterprise Holdings's Cash-to-Debt Distribution in the Construction Industry

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

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

Unity Enterprise 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.

Unity Enterprise 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)
	=	10.1	/	(3.499	+	0.05)
	=	2.85

Unity Enterprise 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)
	=	10.1	/	(3.499	+	0.05)
	=	2.85

Unity Enterprise Holdings (HKSE:02195) 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.

Unity Enterprise Holdings Cash-to-Debt Related Terms

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

Unity Enterprise Holdings (HKSE:02195) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Unity Enterprise Holdings Ltd (HKSE:02195) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

9 Chong Yip Street, Unit 1103, 11th Floor, Kwun Tong, Kowloon, Hong Kong, HKG

Website

http://www.hongdau.com.hk

Unity Enterprise Holdings Ltd is a contractor specializing in RMAA works in Hong Kong. It undertook repair and maintenance services, involving the upkeep, restoration and improvement of existing buildings and facilities, including the services of re-roofing, external and internal walls refurbishment, floor screeding and retiling, spalling repair, scaffolding, repairing and replacement of windows and door, plastering, painting, improvement of fire services system, plumbing and drainage works. In addition, the company also provides ancillary services, such as alteration and addition work of building layout and structural works, design of new structural works and checking of structural adequacy of existing constructions and interior decoration works to the existing premises.

Executives

Harvest Land Company Limited	2101 Beneficial owner
Yeung Wing Sun	2201 Interest of corporation controlled by you
Yu So Yin	2202 Interest of your spouse
Leung Yi Man	2101 Beneficial owner
Tang Kit Yu	2202 Interest of your spouse
Hong Kong Chaoshang Group Limited	2101 Beneficial owner

Unity Enterprise Holdings (HKSE:02195) Headlines

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