China Railway Construction (SHSE:601186) Cash-to-Debt : 0.38 (As of Mar. 2024)

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What is China Railway Construction 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 Railway Construction's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.38.

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 Railway Construction couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

The historical rank and industry rank for China Railway Construction's Cash-to-Debt or its related term are showing as below:

SHSE:601186' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.38 Med: 0.58 Max: 0.92
Current: 0.38

During the past 13 years, China Railway Construction's highest Cash to Debt Ratio was 0.92. The lowest was 0.38. And the median was 0.58.

SHSE:601186's Cash-to-Debt is ranked worse than
63.44% of 1671 companies
in the Construction industry
Industry Median: 0.62 vs SHSE:601186: 0.38

China Railway Construction Cash-to-Debt Historical Data

The historical data trend for China Railway Construction'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 Railway Construction Cash-to-Debt Chart

China Railway Construction Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.82

0.86

0.55

0.61

0.50

China Railway Construction Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															0.50	0.52	0.44	0.50	0.38

Competitive Comparison of China Railway Construction's Cash-to-Debt

For the Engineering & Construction subindustry, China Railway Construction'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 Railway Construction's Cash-to-Debt Distribution in the Construction Industry

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

* The bar in red indicates where China Railway Construction's Cash-to-Debt falls into.

China Railway Construction 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 Railway Construction'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)
	=	168587.622	/	(136308.276	+	200733.434)
	=	0.50

China Railway Construction's Cash to Debt Ratio for the quarter that ended in Mar. 2024 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)
	=	150823.217	/	(186384.233	+	211491.488)
	=	0.38

China Railway Construction (SHSE:601186) 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 Railway Construction Cash-to-Debt Related Terms

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China Railway Construction (SHSE:601186) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » China Railway Construction Corp Ltd (SHSE:601186) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

01186:Hong Kong 4FF:Germany

Address

East, No. 40 Fuxing Road, Haidian District, Beijing, CHN, 100855

Website

https://www.crcc.cn

China Railway Construction Corp Ltd operates as an infrastructure construction firm. It largely derives contracting revenue. It builds railways, highways and municipal works, such as subways and light rail systems. The company also engages in survey and design, manufacturing, logistics, and property development. It operates the following business segment: Construction; Survey, Design, and Consultancy; Manufacturing; Real Estate; and Other Business Operations. Most of the firm's revenue gets dominated by the Construction segment that engages in the construction of infrastructure such as railways, highways, metropolitan railways, and real estate projects.

China Railway Construction (SHSE:601186) Headlines

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