Great Eagle Holdings (HKSE:00041) Cash-to-Debt : 0.19 (As of Dec. 2023)

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What is Great Eagle 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. Great Eagle Holdings's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.19.

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, Great Eagle Holdings couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

HKSE:00041' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.19 Med: 0.26 Max: 0.36
Current: 0.19

During the past 13 years, Great Eagle Holdings's highest Cash to Debt Ratio was 0.36. The lowest was 0.19. And the median was 0.26.

HKSE:00041's Cash-to-Debt is ranked worse than
56.89% of 1793 companies
in the Real Estate industry
Industry Median: 0.25 vs HKSE:00041: 0.19

Great Eagle Holdings Cash-to-Debt Historical Data

The historical data trend for Great Eagle 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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Great Eagle Holdings Cash-to-Debt Chart

Great Eagle Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.36

0.27

0.21

0.20

0.19

Great Eagle 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															0.21	0.18	0.20	0.23	0.19

Competitive Comparison of Great Eagle Holdings's Cash-to-Debt

For the Real Estate - Diversified subindustry, Great Eagle 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.

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

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

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

Great Eagle 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.

Great Eagle Holdings'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)
	=	6520.812	/	(18069.623	+	16531.07)
	=	0.19

Great Eagle 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)
	=	6520.812	/	(18069.623	+	16531.07)
	=	0.19

Great Eagle Holdings (HKSE:00041) 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.

Great Eagle Holdings Cash-to-Debt Related Terms

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Great Eagle Holdings (HKSE:00041) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Great Eagle Holdings Ltd (HKSE:00041) » Definitions » Cash-to-Debt

Traded in Other Exchanges

GEAHF:USA GHK:Germany

Address

23 Harbour Road, 33rd Floor, Great Eagle Centre, Wanchai, Hong Kong, HKG

Website

https://www.greateagle.com.hk

Great Eagle Holdings Ltd is an investment holding company. The group along with its subsidiaries is engaged in property development and investment, operations of hotels, restaurants and flexible workspaces, asset management, project management, trading of building materials, securities investment, provision of property management, maintenance and property agency services and property leasing. The company generates a majority of its revenue from Hong Kong.

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