China HK Power Smart Energy Group (China HK Power Smart Energy Group) Cash-to-Debt : 0.09 (As of Sep. 2023)

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What is China HK Power Smart Energy Group 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 HK Power Smart Energy Group's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.09.

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 HK Power Smart Energy Group couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

The historical rank and industry rank for China HK Power Smart Energy Group's Cash-to-Debt or its related term are showing as below:

CHNTF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.04 Med: 0.83 Max: No Debt
Current: 0.09

During the past 13 years, China HK Power Smart Energy Group's highest Cash to Debt Ratio was No Debt. The lowest was 0.04. And the median was 0.83.

CHNTF's Cash-to-Debt is ranked worse than
82.38% of 1027 companies
in the Oil & Gas industry
Industry Median: 0.48 vs CHNTF: 0.09

China HK Power Smart Energy Group Cash-to-Debt Historical Data

The historical data trend for China HK Power Smart Energy Group'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 HK Power Smart Energy Group Cash-to-Debt Chart

China HK Power Smart Energy Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

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0.18

0.08

0.12

0.04

0.05

China HK Power Smart Energy Group Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial															0.06	0.04	0.07	0.05	0.09

Competitive Comparison of China HK Power Smart Energy Group's Cash-to-Debt

For the Oil & Gas Refining & Marketing subindustry, China HK Power Smart Energy Group'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 HK Power Smart Energy Group's Cash-to-Debt Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, China HK Power Smart Energy Group's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where China HK Power Smart Energy Group's Cash-to-Debt falls into.

China HK Power Smart Energy Group 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 HK Power Smart Energy Group'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)
	=	4.048	/	(11.86	+	64.249)
	=	0.05

China HK Power Smart Energy Group'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)
	=	6.863	/	(10.905	+	69.131)
	=	0.09

China HK Power Smart Energy Group (OTCPK:CHNTF) 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 HK Power Smart Energy Group Cash-to-Debt Related Terms

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China HK Power Smart Energy Group (China HK Power Smart Energy Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » China HK Power Smart Energy Group Ltd (OTCPK:CHNTF) » Definitions » Cash-to-Debt

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Traded in Other Exchanges

00931:Hong Kong

Address

33 Garden Road, St. John's Building, 8th Floor, Central, Hong Kong, HKG

Website

https://www.chinalng.todayir.com/en/index.php

China HK Power Smart Energy Group Ltd Formerly China LNG Group Ltd is engaged in the development of new energy businesses, which include investment, construction & operation of liquefied natural gas infrastructure, and financial leasing services. Its segments include financial services through finance leasing services for LNG vehicles, vessels, and equipment, provision of LNG in the downstream market, provision of commercial vehicle platform services, trading of securities, properties investment, and financial services through the provision of money lending business & LNG business which is Sales & distribution of LNG including wholesale of LNG, point-to-point supply of LNG, LNG pipeline network and provision of LNG logistic services in the PRC. The majority of revenue is from LNG business.

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