C and D Holsin Engineering Consulting Co (SHSE:603909) Cash-to-Debt : 28.62 (As of Mar. 2024)

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What is C and D Holsin Engineering Consulting 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. C and D Holsin Engineering Consulting Co's cash to debt ratio for the quarter that ended in Mar. 2024 was 28.62.

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, C and D Holsin Engineering Consulting Co could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

The historical rank and industry rank for C and D Holsin Engineering Consulting Co's Cash-to-Debt or its related term are showing as below:

SHSE:603909' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.32 Med: 1.15 Max: 3181.85
Current: 28.62

During the past 13 years, C and D Holsin Engineering Consulting Co's highest Cash to Debt Ratio was 3181.85. The lowest was 0.32. And the median was 1.15.

SHSE:603909's Cash-to-Debt is ranked better than
90.33% of 1675 companies
in the Construction industry
Industry Median: 0.62 vs SHSE:603909: 28.62

C and D Holsin Engineering Consulting Co Cash-to-Debt Historical Data

The historical data trend for C and D Holsin Engineering Consulting 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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C and D Holsin Engineering Consulting Co Cash-to-Debt Chart

C and D Holsin Engineering Consulting Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.74

0.98

1.09

3.33

30.29

C and D Holsin Engineering Consulting Co 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															3.50	6.72	15.26	30.29	28.62

Competitive Comparison of C and D Holsin Engineering Consulting Co's Cash-to-Debt

For the Engineering & Construction subindustry, C and D Holsin Engineering Consulting 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.

C and D Holsin Engineering Consulting Co's Cash-to-Debt Distribution in the Construction Industry

For the Construction industry and Industrials sector, C and D Holsin Engineering Consulting Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where C and D Holsin Engineering Consulting Co's Cash-to-Debt falls into.

C and D Holsin Engineering Consulting 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.

C and D Holsin Engineering Consulting 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)
	=	651.32	/	(8.551	+	12.951)
	=	30.29

C and D Holsin Engineering Consulting Co'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)
	=	573.607	/	(8.986	+	11.054)
	=	28.62

C and D Holsin Engineering Consulting Co (SHSE:603909) 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.

C and D Holsin Engineering Consulting Co Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of C and D Holsin Engineering Consulting Co's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

C and D Holsin Engineering Consulting Co (SHSE:603909) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » C and D Holsin Engineering Consulting Co Ltd (SHSE:603909) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

No. 2368, Fangzhong Road, Unit 1101-1104, Huli District, Fujian Province, Xiamen, CHN, 361009

Website

http://www.holsin.cn

C and D Holsin Engineering Consulting Co Ltd is a project management, design, and consulting company. It is engaged in building roads, bridges, and tunnels, and also provides traffic engineering and supporting ancillary works. It is specialized in engineering supervision, design consulting, test testing, repair and reinforcement, project management, engineering new material research and development and application, and other technical services.

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