Henan Communications Planning and Design Institute Co (SZSE:300732) Cash-to-Debt : 0.58 (As of Mar. 2024)

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What is Henan Communications Planning and Design Institute 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. Henan Communications Planning and Design Institute Co's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.58.

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, Henan Communications Planning and Design Institute Co 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 Henan Communications Planning and Design Institute Co's Cash-to-Debt or its related term are showing as below:

SZSE:300732' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.57 Med: 1.1 Max: 4.16
Current: 0.58

During the past 11 years, Henan Communications Planning and Design Institute Co's highest Cash to Debt Ratio was 4.16. The lowest was 0.57. And the median was 1.10.

SZSE:300732's Cash-to-Debt is ranked worse than
51.8% of 1668 companies
in the Construction industry
Industry Median: 0.62 vs SZSE:300732: 0.58

Henan Communications Planning and Design Institute Co Cash-to-Debt Historical Data

The historical data trend for Henan Communications Planning and Design Institute 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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Henan Communications Planning and Design Institute Co Cash-to-Debt Chart

Henan Communications Planning and Design Institute Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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1.44

1.41

1.19

0.83

0.61

Henan Communications Planning and Design Institute 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															0.73	0.61	0.57	0.61	0.58

Competitive Comparison of Henan Communications Planning and Design Institute Co's Cash-to-Debt

For the Engineering & Construction subindustry, Henan Communications Planning and Design Institute 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.

Henan Communications Planning and Design Institute Co's Cash-to-Debt Distribution in the Construction Industry

For the Construction industry and Industrials sector, Henan Communications Planning and Design Institute Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Henan Communications Planning and Design Institute Co's Cash-to-Debt falls into.

Henan Communications Planning and Design Institute 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.

Henan Communications Planning and Design Institute 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)
	=	781.709	/	(116.063	+	1171.716)
	=	0.61

Henan Communications Planning and Design Institute 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)
	=	880.793	/	(235.348	+	1295.93)
	=	0.58

Henan Communications Planning and Design Institute Co (SZSE:300732) 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.

Henan Communications Planning and Design Institute Co Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Henan Communications Planning and Design Institute Co's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Henan Communications Planning and Design Institute Co (SZSE:300732) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Henan Communications Planning and Design Institute Co Ltd (SZSE:300732) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

70, Mid Longhai Road, Erqi District, Henan Province, Zhengzhou, CHN, 450052

Website

http://www.hnrbi.com

Henan Communications Planning and Design Institute Co Ltd, formerly Henan Provincial Communications Planning & Design Institute Co Ltd, provides services of a plan, survey, design, supervision, examination and technical consultants on highway engineering, municipal engineering, and construction engineering. The company provides services like International Engineering; Comprehensive Traffic Planning; Road Engineering; Bridge Engineering; Municipal Engineering; Building Engineering; Tunnel and Underground Engineering and Project Supervision.

Executives

Wei Jun Feng	Executives
Mo Jie	Supervisors

Henan Communications Planning and Design Institute Co (SZSE:300732) Headlines

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