Ding Yi Feng Holdings Group International (HKSE:00612) Cash-to-Debt : 2.56 (As of Dec. 2023)

View and export this data going back to 2002. Start your Free Trial

What is Ding Yi Feng Holdings Group International 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. Ding Yi Feng Holdings Group International's cash to debt ratio for the quarter that ended in Dec. 2023 was 2.56.

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, Ding Yi Feng Holdings Group International 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 Ding Yi Feng Holdings Group International's Cash-to-Debt or its related term are showing as below:

HKSE:00612' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.38 Med: 0.76 Max: No Debt
Current: 2.56

During the past 13 years, Ding Yi Feng Holdings Group International's highest Cash to Debt Ratio was No Debt. The lowest was 0.38. And the median was 0.76.

HKSE:00612's Cash-to-Debt is ranked worse than
54.11% of 1449 companies
in the Asset Management industry
Industry Median: 5.79 vs HKSE:00612: 2.56

Ding Yi Feng Holdings Group International Cash-to-Debt Historical Data

The historical data trend for Ding Yi Feng Holdings Group International'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.

Ding Yi Feng Holdings Group International Cash-to-Debt Chart

Ding Yi Feng Holdings Group International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.76

0.75

0.63

0.91

2.56

Ding Yi Feng Holdings Group International 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															0.63	0.81	0.91	2.83	2.56

Competitive Comparison of Ding Yi Feng Holdings Group International's Cash-to-Debt

For the Asset Management subindustry, Ding Yi Feng Holdings Group International'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.

Ding Yi Feng Holdings Group International's Cash-to-Debt Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Ding Yi Feng Holdings Group International's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Ding Yi Feng Holdings Group International's Cash-to-Debt falls into.

Ding Yi Feng Holdings Group International Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents 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.

Ding Yi Feng Holdings Group International's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	173.342	/	(0	+	67.853)
	=	2.55

Ding Yi Feng Holdings Group International's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	173.342	/	(0	+	67.853)
	=	2.55

Ding Yi Feng Holdings Group International (HKSE:00612) 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.

Ding Yi Feng Holdings Group International Cash-to-Debt Related Terms

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

Ding Yi Feng Holdings Group International (HKSE:00612) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Ding Yi Feng Holdings Group International Ltd (HKSE:00612) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Austin Road West, Unit 6602-03, Level 66, International Commerce Centre, Kowloon, Hong Kong, HKG

Website

http://www.cifund.com.hk

Ding Yi Feng Holdings Group International Ltd formerly China Investment Fund Co Ltd is engaged in providing financial services in Hong Kong. The company's investment portfolio includes listed and unlisted securities. Its operations are held in two geographical segments namely, Hong Kong and the People's Republic of China. The group earns its revenue from interest income and dividend income from financial assets.

Executives

Ma Xiaoqiu	2101 Beneficial owner
Ma Xiaoqiu	2201 Interest of corporation controlled by you
Dingyifeng International Holding Limited	2201 Interest of corporation controlled by you
Xiang Gang Ding Yi Feng Guo Ji Kong Gu Ji Tuan You Xian Gong Si	2101 Beneficial owner
Sui Guangyi	2201 Interest of corporation controlled by you

Ding Yi Feng Holdings Group International (HKSE:00612) Headlines

No Headlines