Wison Engineering Services Co (HKSE:02236) Cash-to-Debt : 1.02 (As of Dec. 2023)

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What is Wison Engineering Services 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. Wison Engineering Services Co's cash to debt ratio for the quarter that ended in Dec. 2023 was 1.02.

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, Wison Engineering Services 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 Wison Engineering Services Co's Cash-to-Debt or its related term are showing as below:

HKSE:02236' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.48 Med: 1.12 Max: 5.45
Current: 1.02

During the past 13 years, Wison Engineering Services Co's highest Cash to Debt Ratio was 5.45. The lowest was 0.48. And the median was 1.12.

HKSE:02236's Cash-to-Debt is ranked better than
60.01% of 1668 companies
in the Construction industry
Industry Median: 0.62 vs HKSE:02236: 1.02

Wison Engineering Services Co Cash-to-Debt Historical Data

The historical data trend for Wison Engineering Services 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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Wison Engineering Services Co Cash-to-Debt Chart

Wison Engineering Services Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

1.21

0.48

0.78

0.49

1.02

Wison Engineering Services 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															0.78	0.30	0.49	0.83	1.02

Competitive Comparison of Wison Engineering Services Co's Cash-to-Debt

For the Engineering & Construction subindustry, Wison Engineering Services 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.

Wison Engineering Services Co's Cash-to-Debt Distribution in the Construction Industry

For the Construction industry and Industrials sector, Wison Engineering Services Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Wison Engineering Services Co's Cash-to-Debt falls into.

Wison Engineering Services 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.

Wison Engineering Services 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)
	=	1246.667	/	(592.001	+	630.051)
	=	1.02

Wison Engineering Services 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)
	=	1246.667	/	(592.001	+	630.051)
	=	1.02

Wison Engineering Services Co (HKSE:02236) 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.

Wison Engineering Services Co Cash-to-Debt Related Terms

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Wison Engineering Services Co (HKSE:02236) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Wison Engineering Services Co Ltd (HKSE:02236) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

633 Zhongke Road, Zhangjiang Hi-Tech Park, Pudong New Area, Shanghai, CHN, 201210

Website

http://www.wison-engineering.com

Wison Engineering Services Co Ltd is an investment holding company engaged in the provision of chemical engineering, procurement, and construction management, or EPC, services. The Group provides a broad range of integrated services spanning the project lifecycle from feasibility studies, consulting services, provision of proprietary technologies, design, engineering, raw materials, and equipment procurement and construction management to maintenance and after-sale technical support. The company has two operating segments; Engineering, procurement, and construction (EPC); and Engineering, consulting, and technical services. It derives a majority of its revenue from the EPC segment.

Executives

Wison Engineering Investment Limited	2101 Beneficial owner
Wison Group Holding Limited	2201 Interest of corporation controlled by you
Hua Bangsong	2201 Interest of corporation controlled by you
Huang Xing	2202 Interest of your spouse

Wison Engineering Services Co (HKSE:02236) Headlines

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