Lvgem (China) Real Estate Investment Co (HKSE:00095) Cash-to-Debt : 0.01 (As of Dec. 2023)

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What is Lvgem (China) Real Estate Investment 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. Lvgem (China) Real Estate Investment Co's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.01.

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, Lvgem (China) Real Estate Investment Co 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 Lvgem (China) Real Estate Investment Co's Cash-to-Debt or its related term are showing as below:

HKSE:00095' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.19 Max: 0.25
Current: 0.01

During the past 13 years, Lvgem (China) Real Estate Investment Co's highest Cash to Debt Ratio was 0.25. The lowest was 0.01. And the median was 0.19.

HKSE:00095's Cash-to-Debt is ranked worse than
95.52% of 1785 companies
in the Real Estate industry
Industry Median: 0.25 vs HKSE:00095: 0.01

Lvgem (China) Real Estate Investment Co Cash-to-Debt Historical Data

The historical data trend for Lvgem (China) Real Estate Investment 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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Lvgem (China) Real Estate Investment Co Cash-to-Debt Chart

Lvgem (China) Real Estate Investment Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.21

0.18

0.13

0.05

0.01

Lvgem (China) Real Estate Investment Co 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															0.13	0.08	0.05	0.03	0.01

Competitive Comparison of Lvgem (China) Real Estate Investment Co's Cash-to-Debt

For the Real Estate - Development subindustry, Lvgem (China) Real Estate Investment 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.

Lvgem (China) Real Estate Investment Co's Cash-to-Debt Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Lvgem (China) Real Estate Investment Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Lvgem (China) Real Estate Investment Co's Cash-to-Debt falls into.

Lvgem (China) Real Estate Investment 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.

Lvgem (China) Real Estate Investment 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)
	=	531.954	/	(20809.481	+	18075.938)
	=	0.01

Lvgem (China) Real Estate Investment Co'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)
	=	531.954	/	(20809.481	+	18075.938)
	=	0.01

Lvgem (China) Real Estate Investment Co (HKSE:00095) 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.

Lvgem (China) Real Estate Investment Co Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Lvgem (China) Real Estate Investment Co's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Lvgem (China) Real Estate Investment Co (HKSE:00095) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Lvgem (China) Real Estate Investment Co Ltd (HKSE:00095) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

123 Hoi Bun Road, Unit 2501, NEO, Kwun Tong, Kowloon, Hong Kong, HKG

Website

http://www.lvgem-china.com

Lvgem (China) Real Estate Investment Co Ltd is a real estate developer and a commercial property operator. The company's reportable segments are 1) Real estate development and sales segment include sales of properties, 2) Commercial property investment and operations segment include lease of commercial properties, office premises, apartments and car parks, 3) Comprehensive services segment includes hotel operation, property management service and other service income. The majority of its revenue is earned through Real estate development and sales segment. The Company's operations are located in the Mainland China, Hong Kong, the United States of America and Cambodia.

Executives

Wong Hong King
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Huang Jingshu	2202 Interest of your spouse
All Group Wise International (holdings) Limited	2101 Beneficial owner
Xu Jun Jia	2201 Interest of corporation controlled by you
Poly Platinum Enterprises Limited	2101 Beneficial owner
Greater Bay Area Homeland Investments Limited	2201 Interest of corporation controlled by you
Greater Bay Area Homeland Development Fund (gp) Limited	2201 Interest of corporation controlled by you
Shan Weijian	2201 Interest of corporation controlled by you
Chan Tak Ho	2201 Interest of corporation controlled by you
Arte Capital I Gp Limited	2201 Interest of corporation controlled by you
Arte Holdings Limited	2201 Interest of corporation controlled by you
Arte Special Situation Fund, L.p.	2201 Interest of corporation controlled by you
Bain Capital Credit Member, Llc	2201 Interest of corporation controlled by you

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