Dynamic Holdings (HKSE:00029) Cash-to-Debt : 68.33 (As of Dec. 2023)

View and export this data going back to 1973. Start your Free Trial

What is Dynamic 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. Dynamic Holdings's cash to debt ratio for the quarter that ended in Dec. 2023 was 68.33.

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, Dynamic Holdings could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

HKSE:00029' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.49 Med: 2.24 Max: 187.79
Current: 68.33

During the past 13 years, Dynamic Holdings's highest Cash to Debt Ratio was 187.79. The lowest was 0.49. And the median was 2.24.

HKSE:00029's Cash-to-Debt is ranked better than
89.98% of 1786 companies
in the Real Estate industry
Industry Median: 0.25 vs HKSE:00029: 68.33

Dynamic Holdings Cash-to-Debt Historical Data

The historical data trend for Dynamic 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.

* Premium members only.

Dynamic Holdings Cash-to-Debt Chart

Dynamic Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

Get a 7-Day Free Trial

2.42

2.78

3.07

3.01

187.79

Dynamic Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															3.30	3.01	3.91	187.79	68.33

Competitive Comparison of Dynamic Holdings's Cash-to-Debt

For the Real Estate Services subindustry, Dynamic 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.

Dynamic Holdings's Cash-to-Debt Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Dynamic Holdings's Cash-to-Debt distribution charts can be found below:

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

Dynamic 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.

Dynamic Holdings's Cash to Debt Ratio for the fiscal year that ended in Jun. 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)
	=	212.955	/	(1.134	+	0)
	=	187.79

Dynamic Holdings's Cash to Debt Ratio for the quarter 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)
	=	450.822	/	(2.031	+	4.567)
	=	68.33

Dynamic Holdings (HKSE:00029) 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.

Dynamic Holdings Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Dynamic Holdings's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Dynamic Holdings (HKSE:00029) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Dynamic Holdings Ltd (HKSE:00029) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

8 Hysan Avenue, 17th Floor, Eton Tower, Causeway Bay, Hong Kong, HKG

Website

http://www.dynamic.hk/eng/global/home.htm

Dynamic Holdings Ltd acts as an investment holding company. The activities of its principal subsidiaries are property investment and development. The Group's investment properties portfolio consists of offices, residential and commercial units and carparks, are located in Shanghai and Beijing, the PRC. Its core business activity is categorized as - Property Rental. Property Rental includes property leasing operations in the People's Republic of China (the PRC). The group's revenue is derived predominantly from its rental business activities conducted in Shanghai.

Executives

Zedra Asia Limited	2301 Trustee
Tan Carmen K.	2101 Beneficial owner
Tan Lucio C.	2101 Beneficial owner

Dynamic Holdings (HKSE:00029) Headlines

No Headlines