Chen Hsong Holdings (HKSE:00057) Cash-to-Debt : 37.89 (As of Sep. 2023)

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What is Chen Hsong 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. Chen Hsong Holdings's cash to debt ratio for the quarter that ended in Sep. 2023 was 37.89.

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, Chen Hsong Holdings could pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

The historical rank and industry rank for Chen Hsong Holdings's Cash-to-Debt or its related term are showing as below:

HKSE:00057' s Cash-to-Debt Range Over the Past 10 Years
Min: 2.91 Med: 11.3 Max: 124.09
Current: 37.89

During the past 13 years, Chen Hsong Holdings's highest Cash to Debt Ratio was 124.09. The lowest was 2.91. And the median was 11.30.

HKSE:00057's Cash-to-Debt is ranked better than
85.53% of 2999 companies
in the Industrial Products industry
Industry Median: 1.22 vs HKSE:00057: 37.89

Chen Hsong Holdings Cash-to-Debt Historical Data

The historical data trend for Chen Hsong 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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Chen Hsong Holdings Cash-to-Debt Chart

Chen Hsong Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

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9.04

9.77

16.21

24.24

32.35

Chen Hsong Holdings Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial															33.11	24.24	124.09	32.35	37.89

Competitive Comparison of Chen Hsong Holdings's Cash-to-Debt

For the Specialty Industrial Machinery subindustry, Chen Hsong 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.

Chen Hsong Holdings's Cash-to-Debt Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Chen Hsong Holdings's Cash-to-Debt distribution charts can be found below:

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

Chen Hsong 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.

Chen Hsong Holdings's Cash to Debt Ratio for the fiscal year that ended in Mar. 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)
	=	644.662	/	(2.862	+	17.064)
	=	32.35

Chen Hsong Holdings's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	708.228	/	(3.308	+	15.384)
	=	37.89

Chen Hsong Holdings (HKSE:00057) 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.

Chen Hsong Holdings Cash-to-Debt Related Terms

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Chen Hsong Holdings (HKSE:00057) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Chen Hsong Holdings Ltd (HKSE:00057) » Definitions » Cash-to-Debt

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Traded in Other Exchanges

CHHGF:USA

Address

18 Whitfield Road, Unit 2001, 20th Floor, Citicorp Centre, Hong Kong, HKG

Website

https://www.chenhsong.com

Chen Hsong Holdings Ltd is an investment holding company it is engaged in the business of manufacture and sale of Plastic injection molding machines and related products. The company's services are used in automotive, packaging, home appliances, consumer electronics, mobile phones, and other businesses. The group operates through the geographic segments of Mainland China and Hong Kong, Taiwan, and Other Overseas Countries. The Mainland China and Hong Kong segment generates maximum revenue for the company.

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